Sentences with phrase «currency controls»

Part of its appeal in countries with strict currency controls is the relative ease in which it can be acquired and used, especially considering all one needs is an Internet connection.

In Sweden, where use of cash is vanishing, the central bank is investigating issuing its own digital currency, the E-krona, out of concern that widespread use of other virtual currencies controlled by private actors could harm competitiveness.

The single most serious hazard is not getting paid, for reasons that can range from a customer's bankruptcy to a government's imposition of currency controls.

South Korea's financial regulator has prohibited all initial coin offerings (ICOs), following a meeting to discuss virtual currency controls today.

Few key benefits we provide at TravelPD can be Agent controlling, Backend Profiles Management, Accounting Systems, Currency Control Access, and more

Since 2012 and until 2016, Argentina suffered for tight currency controls.

Political risk may include potential for currency controls which would disrupt efficient financial markets

In Venezuela, for example, hyperinflation and harsh currency controls from the government has made Bitcoin a more stable investment and a way to get money in and out of the country.

The deal was complicated by various inter-creditor arrangements and the rights and interests of more than 20 lenders, as well as South Africa's currency control regulations.

The tight foreign currency control in China created significant difficulty for this transaction, as well as many other cross-border transactions.

Bitcoin trading boomed as Nigerians used cryptocurrencies to end - run currency controls restricting access to the dollar put in place to curtail the recession.

as Nigerians used cryptocurrencies to end - run currency controls restricting access to the dollar put in place to curtail the recession.

LocalBitcoins, a site that allows users to post advertisements to sell Bitcoins in local currencies, saw an ¥ 8.0 - million spike from the end of January to late February, showing that Chinese residents are hungry for the online outlet as a way around currency controls, despite the Chinese government's repeated attempts to crack down on Bitcoin.

Cryptocurrencies will be implemented, be it Bitcoin or other currencies controlled by the State.

Critics say that failed nationalizations, rigid currency controls, and hostility toward the private sector spurred the economic crisis and that it was then exacerbated by a global slump in oil prices.

There are many good reasons why Godwin Emefiele, who runs the central bank of Africa's biggest economy, should lift currency controls and let the naira depreciate.

Bitcoin shares these attributes, but because it's digital it's even easier to move and even better at avoiding government intervention - especially currency controls.

Macri's mission to make Argentina great again has already led him to abolish currency controls, return to world credit markets, attract foreign investors and set in motion a plan to reduce the fiscal deficit.

Whereas other candidates wring their hands over the threat of Chinese currency controls, he has warned of the threat to the U.S. of that most science - fictionesque of all weapons, the electromagnetic pulse.

In China, you may have to figure out ways to circumvent currency controls, but if you can, you can do it.

Emerging Markets Submerge Argentina to Ease Currency Controls After Devaluation Argentina finally does something smart that will stabilize $ $ Jan 25, 2014 Contagion Spreads in Emerging Marke...

Bitcoin may enable Chinese users to evade currency controls to a much greater extent than previous centralized systems like QQ Coin ever did.

Venezuelan citizens have been increasingly drawn to the benefits of Bitcoin in recent years due to the country's currency control policies.

Bitcoin became hugely popular in Argentina from 2012 with its then president Cristina Fernandez de Kirchner tightening currency controls and the Argentine peso becoming crippled with inflation.

Bitcoin is also perceived as lucrative in countries having strict currency controls in place since it helps in international transfers without interruption of the central bank or financial regulators.

Analysts have predicted that the Naira may close as high as N400 per dollar this week as foreign portfolio investors continued to stay on the sidelines until the Nigerian economy showed signs of recovering from the impact of currency controls.

The «responsive» team at Clifford Chance has notable expertise in customs and currency control regulation, and regularly advises on cash pooling, cross-border tax structuring and domestic regulations.

«There are about a dozen different ways of getting money out of China that work a lot better than Bitcoin,» he wrote, «and no one uses Bitcoin to get around currency controls.

After a meeting to discuss virtual currency control, the vice-chairman of financial affairs, Kim Yong - bum, made...

Dealing in the redback is a complicated process — China has historically maintained tight currency controls, and buying and selling yuan has to go through a renminbi exchange.

The Central Bank of Nigeria (CBN) is notorious for currency controls and so it came as no surprise when it informed the public to be wary of speculating in bitcoin and other cryptocurrencies.

Canada abandoned all of its currency controls and virtually all of its capital controls shortly after the Second World War, and moved to a floating exchange rate in 1950, well before the collapse of the Bretton Woods system.

The currency controls that Chavez implemented have exacerbated some of the very problems they were meant to address: inflation and capital flight from the country.

Wealthy families are now buying big into Bitcoin as a means to protect their assets from currency controls and rising consumer prices.

While other Northern and Western European countries have seen their housing bubbles inflate since 2009 due to «safe haven» investment inflows, Iceland's Housing Bubble is unique because it has inflated (or reinflated) primarily due to currency controls that were enacted after its epic financial collapse in 2008.

(3) Iceland's housing prices are rising in tandem with the overall Nordic Housing Bubble and are exacerbated by currency controls that are designed to prevent capital from flowing out of the country until 2015.

The point of different currencies is the fact that different sovereign nations want to employ different economic policies and currency controls.

Rising US$ when (crisis Europe, currency controls, another credit crisis, QE stops, US makes tangible budget reductions, terrorist attack, trade barriers rise, Fed jacks up rates) = Gold falls = Oil falls = US exports fall = US profits fall = US stocks fall = US stocks more expensive) = inflation falls = GDP falls.

Currency rates in foreign countries may fluctuate significantly over short periods of time due to the imposition of currency controls or other political developments in the United States or abroad.

He has also handled matters in securities, currency control and mining regulation.

His practice areas also include M&A, general corporate advice, currency control, securities, energy, privatization, and employment law.

Moss, is a currency controlled by the company and is used by players for the purchase of Properties and Accessories, and to purchase and run P2P ad campaigns.

They question existing models of capital allocation, free market regulation, and currency controls.

These currency controls are response to a larger problem in Argentina; chronic inflation which regularly destroys family savings.

Having said that, this is not surprising given China's protectionist monetary policies that strongly favor strict currency control, with very prohibitive laws in place meant to prevent the flight of wealth from the country.