Sentences with phrase «currency issuance»
"Currency issuance" refers to the process through which a government or central bank creates and releases its official currency into circulation. In simpler terms, it means creating and providing money for people to use as a medium of exchange in an economy. Full definition
The team has been carrying out the research on the legal and technical aspects of digital currency issuance.
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As a final note, the concept of free banking and / or competitive currency issuance, I think invites more problems than it solves.
At just over 50 per cent, the share of foreign currency issuance denominated in US dollars was below past norms; financial institutions issued substantial amounts in euros and pounds sterling.
The Bank recommends a comprehensive review of the economic impact of central bank digital currency issuance as it predicts that digital currencies will compete with commercial bank deposits.
The share of foreign currency issuance denominated in US dollars remained low by historical standards at just over 50 per cent; financial institutions issued substantial amounts in euros, pounds sterling and Canadian dollars.
Tel Aviv - based blockchain startup Colu has raised $ 9.6 m, a fundraising that comes amid a shift in its business model that finds it focusing on local currency issuance.
These attempts were quickly shuttered by governments in the interest of maintaining their monopoly on currency issuance.
The chairman of the Israel Securities Authority (ISA), Shmuel Hauser, has announced the formation of a national committee to study the regulation of digital currency issuances via token offerings.
Although these spreads have since risen from their lows, as foreign currency issuance by Australian corporates has picked up and the wave of uridashi issuance has peaked, they remained relatively attractive for Australian borrowers through the June quarter.
However, a shift by financial intermediaries towards borrowing in euros and UK pounds, as they seek to diversify their funding sources, saw those currencies» share of offshore foreign currency issuance increase sharply to almost 30 per cent.
Tel Aviv - based blockchain startup Colu has raised $ 9.6 m amid a shift in its business model to local currency issuance.
And a recent announcement from the People's Bank of China indicated that it has plans for digital currency issuance, though few specifics were provided.
The Bank will be interested to see what proves to be possible and what proves to be problematic, as countries consider going down the path of digital currency issuance.
The intensification of economic reform and innovation — including research and development of the central bank's digital currency — as well as «currency issuance» and «management methods.»
Plan B is another form of «fiat» currency issuance)
• Understand the fundamental technology components of blockchain - based digital currencies, the process of currency issuance, proof - of - work and alternative consensus mechanisms, how they are applied and and how the distributed ledger is structured in it's core.
Powell admits that challenges such as global criminal activity and privacy need to be addressed, and seriously considered, before central banks should consider digital currency issuance:
Currently, the price of a barrel of Venezuelan oil is just under $ 60, which would mean a currency issuance of just under $ 6 billion.
In a recent interview with a Chinese owned news publication, one researcher stated that, «Cryptocurrencies and other virtual currencies attempt to challenge the sovereign state's right to issue currency, requiring the nationalization of currency issuance.
There are also other types of transactions, such as currency issuance, price ticker updates, bets and decentralized exchange, and they all have their own transaction type, and a similar data protocol is used to determine the details of the transaction.