Sentences with phrase «currency regulation back»

Not exact matches

The two most relevant regulations were: 1) the prohibition on interstate banking, which created overly small and undiversified banks that were highly prone to failure; and 2) the requirement that federally chartered banks back their currency with purchases of US government bonds, which made it prohibitively expensive to issue more currency when the demand rose, leading to the currency shortages and resulting panics that culminated in the Panic of 1907.

«Unlike traditional currency, these alternatives typically are not backed by tangible assets, are not issued by a governmental authority and are subject to little or no regulation,» Gee said in a statement.

Reading it at a time when gas is being fracked and offshore drilling is being opened up and environmental regulation is being rolled back, one realizes that his basic thesis is dead - on: energy is money, the universal currency.

The Blue House was responding to a petition made to its website back in December, which demanded less regulation on virtual currency trading.

Reserve Bank of South Africa To Initiate Trial Run Of Cryptocurrency Regulations The Reserve Bank of South Africa discussed possibilities of rolling forwarded a digital currency working on the wings of Blockchain technology back in February 2017.

Speculators believe domestic exchanges in China will be back after the nation's virtual currency regulations are enforced, or after the 19th Communist Congress elections end.

Bitcoin backs and showing it comeback as the other currency rallies and the fear of regulations shifted.

Just when the entire crypto markets were seen correcting heavily last week, the G20 regulators instilled positivity back within the crypto community with some positive statements on digital currency regulations.

Drawing a comparison to back in the day when private bank notes circulated alongside government issued paper currency, the authors determine that Bitcoin is need of regulation to thrive and survive.