Sentences with phrase «currency exchange process»

As soon as ICO launching starts, the investors can be a part of crypto - currency exchange process.

In a trial that used this technology in a simulated virtual currency exchange system, Fujitsu Laboratories confirmed that when the currency exchange process was executed that the entire transaction trail for the virtual currency exchange was recorded in the connecting Blockchain.

Settlement between virtual currencies managed using Blockchains, however, requires a reliable application to handle the currency exchange processing at the boundaries between the Blockchains, and ensuring transparency in this process has been an ongoing issue.

Not exact matches

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.

That's because that merchant won't be able to match the currency exchange rates that your card issuer can get — and they might even slip in an extra fee or two in the process.»

Then it called on local exchanges to stop trading in cryptocurrencies and outlined proposals to discourage bitcoin mining — the energy - intensive computing process that makes transactions with the digital currency possible.

For law - abiding investors, however, the process of reporting digital currency profits — which are taxed as ordinary income in the short term and as capital gains in the long term — will be arduous since Bitcoin exchanges have yet to provide customers with a 1099 form.

On Friday, a group of major cryptocurrency exchanges announced their planned response to the split of bitcoin into two separate pools of currency and processing power.

Solution Powered by IBM Blockchain in Partnership with Stellar.org and KlickEx Group Collaboration with Banking Leaders to Accelerate Financial Exchange and Settlement Across Currency Corridors IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for...

A lot of digital currency exchanges are focusing their attention on making the process of buying and selling Bitcoin and other currencies more convenient.

In the first ever operation, French police have shut down an illegal Bitcoin exchange, and in the process seizing 328 «virtual currency units» worth around 200,00 Euros, or $ 272,800 at current exchange rates.

Bitcoin Vietnam Co. Ltd. — Vietnam's first bitcoin exchange — and Coinify ApS — the market leader in blockchain currency merchant processing — officially announce a new strategic partnership that will bring advanced blockchain merchant processing tools to the Vietnamese market.

Our compliance processes and programs continue to exceed industry standards within the digital currency exchange space.

This process once again varies slightly between exchanges, but you'll typically need to search for your chosen currency pair, for example, SMART / BTC, and then review the current price.

China's policy makers are likely to continue their gradual process of liberalizing the currency toward a market - determined exchange rate.

cryptography world and cryptocurrenciesA cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography.

Exchanging cryptocurrency back to fiat is precisely the same as the above process, but with the currencies reversed.

Exchanges typically have their own specific process of converting fiat currency to cryptocurrency and back, but the general process remains the same.

Virtual currency was also described as asset - like values to be used in exchange for other items and transferred via electronic data processing.

If your credit / debit card is not denominated in Hong Kong Dollars (HKD) or US Dollars (USD), the final price charged in your currency will be calculated by your issuing bank in accordance with the applicable exchange rate on the day your card issuer processes the transaction.

The rate of exchange between the transaction currency and the billing currency used for processing international transactions by Visa or MasterCard or other aspects of their respective currency conversion procedures will be based upon either (i) a government - mandated rate or (ii) a rate selected by MasterCard or Visa from a range of rates available in wholesale currency markets.

But that process exposes you to changes in the exchange rates of foreign currencies.

All transactions in foreign currencies will be converted to U.S. dollars and posted to the applicable account at the exchange rate selected by Visa or MasterCard from the range of rates available in wholesale currency markets or the government mandated rate in effect for the applicable processing date.

Currency trading gives ample arbitrage opportunities to the traders who can buy a currency on one exchange and sell it on another, making profits in the Currency trading gives ample arbitrage opportunities to the traders who can buy a currency on one exchange and sell it on another, making profits in the currency on one exchange and sell it on another, making profits in the process.

The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from a range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives or the government - mandated rate in effect for the applicable central processing date.

The process of doing currency transfers with exchange rates can easily be automated in software.

The exchange rate between the transaction currency and the billing currency used for processing Foreign Transactions is a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which may vary from the rate Visa itself receives, or a government - mandated rate in effect for the applicable central processing date, in each instance.

If your Foreign Transaction is in a currency other than U.S. dollars, the transaction will be converted into a U.S. dollar amount by Visa International Inc., using the procedures established by Visa International, Inc., based on the exchange rate in effect at the time the transaction is processed.

24 - hour reception, multilingual staff, Concierge desk, tour desk, 24 hour room service, babysitting on request with charge, high - speed wired and wireless Internet access, 24 hour security, airport pick - up and drop - off, currency exchange, safe deposit box, laundry and dry cleaning service, shoe - shine service, turndown service, Visa processing, wake - up calls, complimentary access to the health club (Gym, Jacuzzi, Sauna and Spa), gift shop, complimentary English or Arabic local daily newspaper upon request, 2 meeting rooms and 2 boardrooms, business centre including secretarial service, fax, copying and printing, car rental desk in the lobby, free shuttle bus to Jumeirah Beach and shopping malls, free valet parking.

Had I chosen to go with the Dynamic Currency Conversion option (DCC) I would have been charged $ 133.51 for my purchase but, because I chose to let the transaction process in Euros, Chase / Visa were left in control of the exchange rate and I ended up paying $ 129.10

The single bank in Loreto seldom exchanges currency and when it does the process is extremely time - consuming.

Rooted in everyday processes and procedures (for example, the exchange of currency, the semiotics of public signage, the logistics and mechanics of crowd control, or even the formalities of death) the works in Real Life examine these structures through their subsequent mediation — and often abstraction — in art.

Valuation involves not just the usual discounting process, but consideration of future currency exchange movements and how to adjust the cost for the risk borne by the «buyer».

BTCC offers a digital currency exchange, a mining pool, payments processing and consumer wallets to store users coins.

Lastly, the interoperability of bitcoin and ethereum - based tokens with other cryptocurrencies, and also with the legacy financial system when being exchanged for fiat currencies, are processes wrought with friction.

We're also pursuing licensing authorisations to cover merchant processing solutions in fiat currency, as well as exchange and wallet functionality.

«We've seen DDoS attacks against them; we've seen different groups targeting cryptocurrency exchanges trying to steal the currencies they hold; trying to garner information on how they operate, particularly how they operate their KYC processes for anti-money laundering; we also see them try and understand who are the insiders, who are the people that might work there to conduct other crimes,» he explained.

«As the regulatory environment around cryptocurrencies is still emerging, some exchanges in different jurisdictions may have lax anti-money laundering controls easing this process and make the exchanges an attractive tactic for anyone seeking hard currency.»

If a bank has a policy that slows your ability to say, make a costly wire transfer, or you had a lot of rupees from India the bank wouldn't exchange for dollars even though they are valid bills, you couldn't immediately sew yourself a swanky new purse to magically speed up the process or convert your currencies.

According to the company, it has facilitated the exchange of more than $ 25 billion in digital currency to date, five times more than the total sum it processed from its founding through the end of last year.

The long - awaited bill, which goes into effect on April 1, still does not recognize bitcoin as a currency, but it has accepted that bitcoin and other cryptocurrencies have «asset - like values» that can be used «as payment to indefinite parties for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems,» explained Bitflyer exchange.

The new cryptocurrency has received support from members of the community who want a block size increase, including developers of proposals like Bitcoin Unlimited, as well as sectors such as digital currency exchanges and retailers in Japan and even online gambling operators, who are already on process of adding Bitcoin Cash to their payment options.

The new cryptocurrency has received support from members of the community who want a block size increase, including developers of proposals like Bitcoin Unlimited, as well as sectors such as digital currency exchanges and retailers in Japan and online gambling operators, who are already on process of adding Bitcoin Cash to their payment options.

This process is similar to step 3 except you would select the currency pairing you wish to exchange (such as YOYO / BTC) and use the «Sell» function of the website.

Foreign currency shortages in the country had provided a positive stimulus to the usage of cryptocurrencies which was till date processed by Golix, the solitary Bitcoin exchange platform in Zimbabwe.

The bitcoin processing integration was provided by Latin American - focused bitcoin exchange provider Bitso, which recently raised an undisclosed seed round led by Digital Currency Group and launched a payment processing service, BitsoPagos.

Digital currency exchange ShapeShift has announced today that $ 3 million USD has been processed within the last 24 hours, equivalent to the entire month of January 2016.

The process after that is more or less the same as that outlined in Step 3 above, but it's important to remember that you may not be able to directly exchange MTL for the currency you want to acquire.

There are several different ways to get some, including asking for bitcoins as payment for your services or products, exchanging regular money in the form of your local currency (Euros, Dollars, Pesos, etc.) for bitcoins through bitcoin service providers, and mining (a process in which bitcoins are extracted and minted with the use of a bitcoin miner software).

So basically paying directly to the merchants is although possible but as it sometimes takes time so we would advise that you get bitcoins exchanged for your traditional currency first in case you are in a hurry and can't wait for this process of your transaction being confirmed at the merchant.