Sentences with phrase «currency issues for»

This can cause global capital flows to suddenly and significantly reverse, leading to capital flow and currency issues for countries, most notably emerging market economies that are dependent on foreign investment.

It said virtual currencies issued for wholesale use only — that is, by banks and financial institutions to settle payments rather than by consumers for purchases — could help make trading securities and foreign currencies more efficient.

Not exact matches

But in countries like the United States, China, Russia, Singapore and Switzerland, government groups have talked about using blockchains for myriad tasks, like issuing national currency or tracking identity records for citizens and visitors.

While Bitcoin is often criticized because it's not backed by a physical commodity, that's not an issue for Michael Lee, an economist in the New York Fed's Research and Statistics Group, who says that neither is the dollar and most modern currencies.

But in an interesting twist, a developer who was hired by Reddit to work on the idea of a «crypto - currency» — a form of Bitcoin that users could receive in exchange for contributing content, or as a way of distributing some of the shares that were issued in the site's fundraising round — said in a post on Medium that he was working on a plan to de-centralize Reddit in just this way before he was let go.

There are two sources of demand for tokens: From people who need them to redeem services from the company who issued them, and from other investors who think the token will rise in price like a stock or a currency.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

The discussion examines prospects for central bank - issued digital currencies.

This is where a business issues a new digital currency online — think bitcoin — in exchange for real money.

As for the notion that the big payment processors may fear cryptocurrencies as potential competitors, this could become an issue if and when cryptocurrencies recover from their current crash and settle into a less volatile pattern that encourages their use as virtual currency rather than as speculative assets.

Investors exchange digital currency, such as bitcoin, for a token issued by the firm.

New York state financial regulators have issued subpoenas asking Bitcoin - related companies for information into whether safeguards are in place to prevent the virtual currency from being used in illeg...

The vote has raised a number of issues for companies, including what sort of currency would be used.

For example, Procter & Gamble's (NYSE: PG) second - quarter results were a complete miss, in large part because of currency issues.

To reduce Russian interference to buying political ads with rubles is to skate over the complexity of this issue: how do you know what is a political ad, for one, and simply looking at currency is almost certainly a relatively useless signal, for another.

Investigating - We're investigating an issue where some customers recently were charged incorrectly for purchases of digital currency with credit and debit cards.

We're investigating an issue where some customers recently were charged incorrectly for purchases of digital currency with credit and debit cards.

But some central bankers have said that issuing their own currencies on some sort of blockchain could make it easier for citizens to use the money without going through intermediaries like banks and credit card companies.

The Securities and Exchange Commission late last month issued its first warning for the many entrepreneurs who have been raising money by creating and selling their own virtual currencies in what are called initial coin offerings.

Rambler also related that the presidential advisor voiced his support for the creation of a centralized, state - issued virtual currency, the cryptoruble, explaining that such a financial instrument would essentially be «the same ruble, only its movement [would be] limited in a certain way, it [would be] arranged in a certain way.»

In March 2014, just in time for the filing of 2013 tax returns, the IRS issued guidance on virtual currency.

For example, the U.S. Treasury Department's FInancial Crimes Enforcement Network (FinCEN), as well as various states, issued guidance to help those aiming to convert U.S. dollars into virtual currency navigate money transmitter laws.

We'll ignore currency issues (including the jurisdiction of the CFTC over such things) for the moment, except insofar as New York's definition of virtual currency (which you need a license to move around) is very broadly construed and includes most «digital units of exchange» which could certainly include tokens.

Indeed, it would be un-Trump — in light of his campaign slogans of «Make America Great Again» and «America First» — if the first days of the new administration passed without major U.S. actions on issues like the Chinese currency, market access for U.S. companies, and Chinese exports to the United States.

While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.

But nationalism against the backdrop of massive overcapacity, a depreciated Chinese currency, and widespread frustrations about environmental degradations (for example, heavy smog in a number of cities)-- to mention just the more salient issues — has the potential to lead to backlash against Chinese leaders.

Despite the rumors for a centralized digital currency, China's central bank governor Zhou Xiaochuan said that the country, which still does not recognize Bitcoin as a legitimate payment method, is not in a hurry to issue its own digital currency.

It basically provides users with a decentralized virtual machine, which can be taken advantage of to issue smart contracts, or simply pay for stuff as you would with a normal digital currency.

The problem is for this or other currencies to become international reserves held by foreign central banks, the issuing nation has to run a balance of payments deficit to pump this currency into the global economy.

An alternative approach is to issue a currency that can not be exchanged for the national currency.

Lawsky said last month that his agency plans to issue rules for businesses handling virtual currencies, including a «BitLicense», which could make New York the first U.S. state to regulate virtual currencies such as bitcoins.

As transparency issues are ripe within the crypto - sphere, anonymity may be seen as a downside of Bitcoin and another currencies, while having (several) faces to the Ethereum project's name gives investors and users some assurance of accountability — for example, users can rest easy knowing Vitalik isn't overtly manipulating the market and Ethereum prices.

This was a very serious issue for a currency.

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

The I.R.S. issued basic guidelines in 2014 for digital currencies, but tax experts say some of the rules are subject to interpretation.

Reagan also used threats of tariffs to bring countries together to collaborate on currency issues with other countries for the 1985 Plaza Accord.

I'd not have any issue with this if Bitcoin was a legit currency that could be freely spent anywhere, to use as payment for any purpose, to include the paying of debts, public or private.

The Bank of Israel and the ministry stress that digital currencies are not legal tender, nor are they issued or backed by a central bank, which means there is not legal requirement for anyone to accept or exchange them.

Executed on Monday, the executive decision bans transactions with the U.S. involving «any digital currency, digital coin, or digital token, that was issued by, for, or on behalf of the Government of Venezuela on or after January 9, 2018.»

Continuing into the early afternoon, the panel moved through several tangential topics, all of which seemed to be laying a foundational understanding for how central bank digital currencies (CBDCs) might emerge relative to other possibilities, including government - issued cryptocurrencies, e-money, and digital fiat currency (DFC).

The act seeks to establish a foundation for virtual currency businesses by providing individual states with a common regulatory guide for issues such as licensing requirements; reciprocity; consumer protection; cybersecurity; anti-money laundering; and supervision of licensees.

However, strictly from a payments perspective, certain issues have cropped up since the original Bitcoin vision was outlined, and they've ultimately prevented crypto from receiving mainstream adoption as a currency for day - to - day transactions.

Commenting on rumors that banks could create their own cryptocurrencies, he says that in this example, people are referring to building some kind of technology whereby things are tokenized on the blockchain, and issued as, for example, shares or currency.

However, we've also seen some negative developments, which we ought to discuss about, as the Europol has just issued a report stating that it believes that it's likely for bitcoin to become the go - to currency for internet criminals throughout Europe.

I would expect the currency banks issue to be redeemable for gold, or dollars, or Swiss francs, or something else, depending on historical context.

According to recent reports, Intelligence Agencies in India have just issued an official report stating that virtual currencies such as Bitcoin can be used for the funding of illegal activities, by people who also move their funds through hawala transactions.

So the issue for the people around the world at this point especially the ones that are dealing with these currencies that are devalued faster than others is that the currency is a terrible store of value and the buying power for people of these countries just continues to disappear.

By investing for her entirely in America, Buffett sidesteps any worries about currency risk, which can be more of an issue when you've fewer years for your investing to play out.

This globally - sourced trading platform provides a multi-market order book that combines every liquidity source in the world and is designed to tackle the liquidity issues associated with exchanging fiat currencies for cryptocurrencies.

But when new discoveries of gold are made, market participants do not begin to hoard paper or to set up printing presses for the issue of unbacked currency.