Sentences with phrase «digital means of payment»

The payment for goods realized with cryptocurrencies allows to attract those companies which prefer digital means of payment on the market of industrial goods.
We will adopt it, and it will make it possible to lower investors» costs,» he commented, but immediately added, «Bitcoin is a digital means of payment whose value appears to be out of control.

Not exact matches

Bitcoin got an unexpected endorsement this week - federal authorities signaled they view the digital currency as a legal means of exchange and legitimate payment alternative.
«The possibility that the central bank's digital money will be issued in the near future is likely to become a means of payment specialized for interbank transactions or central bank transactions.»
In addition to using Kraken for leveraged margin trading and exchange between 11 digital assets and 5 national currencies worldwide, the acquisition means that clients will soon be able to experience direct one - click buying and selling of bitcoin and other digital assets via convenient payments like ACH transfers.
So, that is, accepting the digital currency today is completely legal; this means MonaCoin and other cryptos can be used as a medium of payment in businesses, stores, or restaurants.
The deVere CEO concludes: «Robust regulation that is devised, implemented and enforced by international financial regulators will mean further protection for the growing number of people using cryptocurrencies, the less likely it will be that criminals will use these digital payment methods, the less potential risk there will be for the disruption of global financial stability, and the more potential opportunities there will be for higher economic growth and activity in those countries which introduce it.»
The exchange of the Work for other copyrighted works by means of digital file - sharing or otherwise shall not be considered to be intended for or directed toward commercial advantage or private monetary compensation, provided there is no payment of any monetary compensation in connection with the exchange of copyrighted works.
Unlike Microsoft, neither Apple Store nor Google Play Market yet regards bitcoin as a possible means of payment for their digital products.
Lightning Network will revive Bitcoin's utility as a means of digital payments, allowing it to further penetrate the mainstream payments world.
While bitcoin merchant adoption is still next to none in India, the new currency reform and the subsequent push toward digital payments will give bitcoin a boost as a means of making online payments.
Russia's Finance Ministry said on Thursday it was working on legislation to regulate cryptocurrency transactions without fully banning them or legalising digital FX as a means of payment in Russia.
The country's central bank released an initial warning in February and has followed up with repeated statements that bitcoin and other digital currencies are not legal tender or a permitted means of payment in Vietnam.
This means that traders provide fiat, consumers pay with their digital currency of choice and the merchant receives his or her preferred local currency (USD, EUR, GDP, etc.) once the payment is completed.
You will still be able to use it as a store of wealth, sell it for local currency — or other digital currencies — based on the relevant exchange rate (s), send it to other Bitcoin wallets, and use it as a means of payment all around the world.
Digital currencies are defined in the document as «convertible virtual currencies, including crypto - currencies or similar concepts where the concept is accepted by persons as a means of payment for goods or services, a unit of account, a store of value or a commodity.»
After the release of the updated decree on the government gazette, those who operate with cryptocurrencies at a commercial or professional level in Italy, including sellers who accept digital currencies as means of payment, must send a certified email to the Ministry of Economy and Finance.
Cryptocurrencies are digital gold, and they are a fast and comfortable means of payment with a worldwide scope.
Not many people understand that you can use digital currency as a mean of payment, an investment and a technology.
All transactions will be confirmed and completed instantly, which means that customers will receive their digital currency within minutes of completing their payment.
This delay means that people simply revert to more traditional forms of payment rather than using the benefits of digital currencies to their full intended extent.
The real world applications of bitcoin, such as digital peer - to - peer payments and low - cost money transfers, mean that the demand and, therefore, the value of bitcoin will likely continue to increase over time.
Cryptocurrencies are digital currencies that can be used as a means of payment.
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