Sentences with phrase «currency businesses because»

The Australian government explains that it has taken the same approach that countries such as the United States, United Kingdom, and Canada have taken regarding digital currency businesses because it will facilitate innovation and follow guidance issued by the Financial Action Task Force — the international regulator for preventing money laundering, terrorism financing, and other dangers that hinder the world's financial system.

Not exact matches

Businesses need to learn more about renminbi (RMB), because dealing in China's currency could save them money according to a study from HSBC.

The Business Outlook Survey says executives are feeling better because of stronger demand for exports and a weaker currency that is boosting their profit margins.

Because Bitcoin's virtual currency operates in the same fuzzy confines as Liberty Reserve's, the tech press was quick to draw comparison between the two businesses, wondering if Bitcoin would suffer a similar fate.

On January 4, 2016, Chino's application was returned without further proceeding because the DFS said it was «unable to evaluate whether [Chino's] current or planned business activity would be considered Virtual Currency Business Activity that requires licensing under the Regulationbusiness activity would be considered Virtual Currency Business Activity that requires licensing under the RegulationBusiness Activity that requires licensing under the Regulation.»

Because Currency focuses on equipment financing, it is not ideal for businesses that need funds for other purposes.

Starbucks chose yen as its issuing currency, because the coffee company has a large business presence in Japan.

If these inflows however are counterbalanced by rising private inflows from Chinese businesses and wealthy individuals taking money out of China, either because of weaker domestic growth prospects of because of rising nervousness and uncertainty, asset prices might not fall as much as we would have expected, but Australia will be caught in a vice a little like that of, for example, Spain, in which export weakness can not be partially counterbalanced by a weaker currency.

Nigerians were warned by the Deposit Insurance Corporation of Nigeria (NDIC) prior to use crypto currency, because the Central Bank of Nigeria (CBN) does not recognize them for their legitimate currency, reports the local Business journal Post Nigeria.

So, Dr Hassan Ayariga as serious as he is, there is no way he will quote a foreign currency knowing very well in Ghana we don't [spend] foreign currency but in Ghana we [spend] cedis, so everything he said it was in cedis but because he has lived outside for a very long time, sometimes he mistakenly quotes their currencies and because he also has businesses outside Ghana, sometimes he might mistakenly quote some of their currencies but he wanted to say cedis,» Mr Poku emphasised.

Actual results may differ materially from those expected because of various known and unknown risks and uncertainties, including, but not limited to, the continuing effects of the U.S. recession and global credit environment, other changes in general economic and industry conditions, the award or loss of significant client assignments, timing of contracts, recruiting and new business solicitation efforts, currency fluctuations, and other factors affecting the financial health of our clients.

When I told him I get money via Paypal he said it is not possible to show my business as export because paypal pay me in INR and I am not getting any foreign currency in my bank account.

Then of course there's the fact that because so much of Brown - Forman's business is overseas, its sales, earnings, and cash flow will face meaningful currency risk over time.

«We are happy to invest in businesses that earn their money in euros in France or Italy or sterling in the UK, because I don't have a feeling that those currencies are likely to depreciate against the dollar.

Because travel businesses consistently devalue their program currencies (miles, points, credits) over time, you don't want to hold onto them too long.

Since mid-2015, the U.S. dollar and other international currencies including Bitcoin have been perceived as ideal alternatives to the bolivar for both businesses and individuals because of the high international value of these two currencies.

Mainichi Japan notes that Japan's labor code stipulates that businesses must pay employees in a recognized currency such as the yen, but, according to GMO, the move is in accordance with the law because any payments in bitcoin would be consensual, with a chosen amount to be deducted from paychecks and put toward purchasing bitcoin.

Businesses can utilize this service in their locality and from day one because all transactions are run through fiat currencies.

Because the digital currency abjured central banks and other authorities, many of its first devotees were libertarians, anarchists, and black marketeers who wanted to do business away from the government's watchful eye.

While the law governing virtual currency businesses will continue to evolve, itBit has adopted the trust company model, in part, because being subject to bank - like regulation means it will already be complying with the most rigorous regulatory standards.

Although it's not strictly a business per se, this homeless outreach center in Pensacola makes it onto this list because it is one of the early charitable organizations that allow digital currencies like Litecoin to help the local community.

«We believe now is a great time to offer an institutional - focused lending service because it will increase general liquidity in the marketplace, encourage new financial institutions to participate in a two - sided market and increase the working capital that companies use to scale their digital currency - centric businesses,» Genesis Capital said in a press release.

The company believes it has a competitive advantage because it can facilitate cross-border payment in nearly 40 countries, allowing businesses to cash out in any of those currencies.

This is extremely important because, in the case of bitcoin or ether, businesses need to make many changes to its payment process to start accepting those currencies.

As a result, some businesses may attempt to lure customers into buying highly volatile cryptocurrencies using false claims or by painting virtual currencies as less risky because they can be used for retirement saving.»

According to Wu Xiaolin, the PBOC should be in charge of regulating bitcoin exchanges because the businesses involve certain aspects of anti-money laundering (AML), foreign currency management, and payment settlement.