Sentences with phrase «currency service in»

It was founded in 2011 by Brian Armstrong and Fred Ehrsam and launched its buying - Bitcoin - for - fiat - currency service in late 2012.

A bitcoin startup called Circle Internet Financial is now permitted to offer digital currency services in the state.

Not exact matches

In addition, a section of the company's terms of service (titled «forked protocols) clearly state Coinbase has the discretion whether to support any changes to the software that underlies digital currency like bitcoin.

Known as a self - proclaimed geek who said he was uncomfortable in his native France and hadn't been back in years, Karpeles became interested in bitcoin when a customer of his web - hosting services wanted to pay in the virtual currency.

«We believe that — for a number of reasons — putting in place appropriate regulatory safeguards for virtual currencies will be beneficial to the long term strength of the virtual currency industry,» Benjamin Lawsky, New York's superintendent for financial services, wrote in a draft memo reviewed by the Journal.

In January, a senior Chinese central banker said authorities should ban trading of virtual currencies as well as individuals and businesses that provide related services.

The Switzerland - based company, whose service lets users instantly convert one type of digital currency to another, built an API that allows Overstock to accept any major digital currency and get paid in bitcoin on the backend.

The Internal Revenue Service revealed new details about its investigation into tax evasion related to bitcoin, filing court documents that suggest only a tiny percentage of virtual currency owners are reporting profits or losses in their annual returns.

It's not the first instance of the financial services industry showing support for digital currencies — the New York Stock Exchange recently invested in Coinbase, which just launched a Bitcoin exchange — but it's a demonstration of continued investment and interest in the technology's possibilities.

The IRS obtained the subpoena on the grounds that bitcoin owners are likely to engage in tax evasion by failing to declare capital gains on the currency, or by engaging in schemes to buy goods and services with bitcoin in order to avoid the taxman.

In a leaked white paper, Telegram described plans to raise a large amount of money by selling a currency called «Gram,» which would serve as a payment companion to its messaging service.

The news will come as a relief to thousands of people who dabbled in bitcoin but faced the prospect of a tax investigation for failing to disclose they sold a small amount of the currency, or used it to purchase goods and services.

In August, a slew of bitcoin companies cut off service to New York rather than apply for a BitLicense, the regulatory hall - pass created by the NYDFS to cover digital - currency business deemed «money transmitters.»

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.

Another powerful motive for many in the southern countries, Greece, Italy, Spain, Portugal, countries that had never in their very long histories had a hard currency, was to exploit the desire of the Germans, and the permanent EU civil service, for a larger, closer Europe, by signing into the euro, acquiring for the first time a hard currency, that they confidently expected Germany to finance.

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.

Align Commerce, a San Francisco — based startup, is already facilitating business - to - business transactions across borders in local currencies using the bitcoin blockchain; Canadian companies can currently receive payments via the service but not send them.

HaoBTC is a Beijing - based bitcoin company that offers a wallet for storing the digital currency as well as a traditional mining service with a mine in Kangding, China.

The company announced Tuesday that it is launching a service that allows businesses to accept payments in 130 currencies.

In 2013, bitcoin's valuation didn't just skyrocket, but its infrastructure, services, and adoption exploded as well, culminating in recent announcements that major online retailer Overstock.com and NBA team the Sacramento Kings would accept the digital currency as paymenIn 2013, bitcoin's valuation didn't just skyrocket, but its infrastructure, services, and adoption exploded as well, culminating in recent announcements that major online retailer Overstock.com and NBA team the Sacramento Kings would accept the digital currency as paymenin recent announcements that major online retailer Overstock.com and NBA team the Sacramento Kings would accept the digital currency as payment.

Launched in 2015, Revolut's app currently allows customers to open a current account in 60 seconds, and includes a pre-paid contactless MasterCard debit card, currency exchange and a peer - to - peer payments service.

«Greater clarity can now emerge in the debate about how to regulate virtual currencies, leading to increased credibility and consumer confidence; in turn, virtual currencies will have a much greater critical mass in the financial services system.»

BlingTags could soon rival cold, hard cash as the currency of choice in the Palo Alto area: In addition to the hundreds of local merchants offering the service, Facebook and Stanford University are distributing the stickers across their respective campuses, with about 10,000 BlingTags in active use as of late 201in the Palo Alto area: In addition to the hundreds of local merchants offering the service, Facebook and Stanford University are distributing the stickers across their respective campuses, with about 10,000 BlingTags in active use as of late 201In addition to the hundreds of local merchants offering the service, Facebook and Stanford University are distributing the stickers across their respective campuses, with about 10,000 BlingTags in active use as of late 201in active use as of late 2010.

The closure of Silk Road in October, the online marketplace that allegedly allowed more than a billion dollars of illegal drugs and illicit services to be bought using the virtual currency, is cited as another major driver.

In a surprise email, the company announced it would be phasing out its service with digital currency businesses.

When the Chinese yuan is devalued, it costs a Chinese consumer more in the local currency to buy an American product or service since each yuan now buys fewer dollars.

«Most firms make a profit in two ways: by charging a service fee of $ 10 to $ 30 or $ 40 per transaction, and by pocketing the difference between the low price at which they buy currency and the higher price at which they sell it to customers.»

On the subject of religion, Porter points out that the time, effort and currency invested in the practice of faith is simply the price of receiving «a mixture of insurance and social services.»

ScriptSave, a company based in Tucson that manages prescription - drug - benefit programs, has even created its own currency, called Bravo Bucks (redeemable for gifts), that's awarded to employees who excel in providing customer service.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

To further increase the possibility that all borrowers have a fair opportunity to request a foreclosure review, the Comptroller of the Currency and the Chairman of the Board of Governors of the Federal Reserve System should require that servicers include a range of potential remediation amounts or categories in communication materials and other outreach, such as direct mailings to borrowers, public service announcements, the independent foreclosure review website, regulators» websites, and officials» testimonies and speeches.

Encore facilitates a wide range of FX services from competitive spot transactions and rates; international payments to suppliers through the most reliable and cost effective payment networks; long - term risk management strategies to mitigate the risks a company is exposed to when conducting business in foreign currencies.

The race between automation and human work is won by automation, and as long as we need fiat currency to pay the rent / mortgage, humans will fall out of the system in droves as this shift takes place... The safe zones are services that require local human effort (gardening, painting, babysitting), distant human effort (editing, coaching, coordinating), and high - level thinking / relationship building.

That same day, LINE Corporation, the company behind the LINE messaging app, which is one of the most widely used in several Asian countries, revealed plans to integrate a new range of «financial services, including a place to exchange and transact virtual currencies, loans, and insurance,» into the app itself.

Building off of its November 2017 Discussion Paper on Initial Coin Offerings, Virtual Currencies and Related Service Providers, the MFSA's most recent report analyzes how the European Union's overarching Market's in Financial Instruments Directive (MiFID) defines financial instruments and, more importantly, if those definitions carry implications for DLT assets like virtual cCurrencies and Related Service Providers, the MFSA's most recent report analyzes how the European Union's overarching Market's in Financial Instruments Directive (MiFID) defines financial instruments and, more importantly, if those definitions carry implications for DLT assets like virtual currenciescurrencies.

We are excited to join other progressive vendors of online services in helping our customers break their dependency on both big banks and fiat currency by adding payment by Bitcoin Cash — the only currency guaranteed by an international series of tubes — to the payment methods we accept.

Unhedged foreign currency debt, as was prominent in 1997, means that a fall in the currency pushes up debt servicing costs for the government, local corporates and banks, but a rise in interest rates to assist the exchange rate has the same adverse effect.

Furthermore, in a possible future where virtual currencies have won significant mainstream adoption, J.P. Morgan may not be naturally positioned to offer the kinds of services that consumers want.

The virtual currency exchange Bittrex has explained that its services are not available to users located in North Korea, Iran, Crimea, Syria, and Cuba.

«From the date of release of this Notice, any so - called platform that provide trading and exchange services for coin offering shall not engage in exchange businesses between legal tender and token or «virtual currency»; or engage in proprietary trading activities or trading as an central counterparty of tokens or «virtual currencies»; or provide pricing services or act as information intermediary for tokens or «virtual currencies.»»

The company would have to file a notice with the regulatory department; pay a registration fee of $ 250; provide evidence of registration with FinCEN as a money services business; agree to not invest or pledge virtual currency in its custody or control on behalf of others or to engage in the exchange or transfer of legal tender; and prove its policies for reporting, disclosures, and compliance.

Certain custodial or fiduciary services in which the property or assets under the custodian's control or under management include property or assets recognized as «virtual currency.»

The proposed act has also garnished the attention of Theo Chino, virtual currency entrepreneur and plaintiff in the Chino v. the New York Department of Financial Services (NYDFS) case.

We do this by delivering payment solutions to international payment service providers and merchants that can currently deal in 15 blockchain currencies including Bitcoin and Ether.

In June 2015, New York, through its Department of Financial Services (NYDFS), became the first state to adopt a detailed framework for regulating virtual currency businesses.

The proposed act claims that virtual currency business activities are similar to money transmitter services, and would require comparable regulations and licensing in order to fulfill consumer protection requirements.

Nor is it pegged to any real - world currency, which it resembles in that it can be used to purchase real - world goods and services, not just virtual ones.

Only those wallet providers offering custodial services of credentials necessary to access virtual currencies are to be included in the legislation.

A taxpayer who receives virtual currency as payment for goods or services must, in computing gross income, include the fair market value of the virtual currency, measured in U.S. dollars, as of the date that the virtual currency was received.

We began investing in the localization of our service offerings in markets outside of the United States in 2012 and as of April 30, 2014 we offered localized products and Customer Care in 37 countries, 44 currencies and 17 languages.