Sentences with phrase «electronic money»

Virtual currency is a form of electronic money, not issued by any monetary authority, but which has an equivalent value in real money.
The prediction is based on the assumption that cross-border electronic money transfers have doubled in past 15 years and would grow exponentially in the coming years.
An entire decade of near - zero percent rate policy and electronic money printing by central banks has forged an unsustainable debt path.
The cards would display the number of points you have and the amount of the balance, such as electronic money cards, tickets and coupons.
The bank points out that digital currencies should not be confused with electronic money, as defined by Brazilian legislation.
But electronic money sending is the fastest form of transferring money.
It is peer - to - peer electronic money that features low fees and fast transaction times.
The transformation of bitcoin from a volatile experiment, to a «stable» form of electronic money is illustrated in Figure 1.
If every good must be bought with electronic money and the government forces the bank to lock the account, even friends and family can not give you money.
In mid-February of this year, the FCA granted a London - based Blockchain startup a Small Electronic Money Institution (EMI) registration, which allows them to create a Blockchain - based currency within the existing regulatory framework.
Wave Crest Holdings Limited is a licensed electronic money institution by the Financial Services Commission, Gibraltar.
The central bank of CEMAC did create a legal framework for electronic money in 2001.
Agreement between Barclays and Coinbase helped by the fact that the exchange had also received this week a license for electronic money by the British Financial Conduct Authority (the British counterpart of the Polish Commission for Financial Supervision).
You can find Wirex on the FCA register as an EMD agent (Electronic Money Services Directive) and you can read the full application requirements here, should you wish.
The Turkish financial regulatory body BDDK stated in its press release on 25 November 2013 that bitcoin is not considered electronic money under Turkish laws and therefore is not subject to regulation.
As a regulated E-Money Institution Xapo is now licensed to issue electronic money in multiple fiat currencies.
The sale of the four - bed home, on 3.33 acres of land near Red Deer, Alberta, is one of the first in Canada that can be carried out using the peer - to - peer electronic money system and owner Penny Kander hopes it will encourage Chinese investors who are looking for development land.
That is not an endorsement for quantitative easing; rather, it is an acknowledgement that an open - ended 4th iteration of electronic money creation could indeed inflate asset prices yet again.
IFSC stands for Indian Financial Code System and is required for making electronic money transfers.
before Ghanaian parliament which will allow for the use of cryptocurrencies (seemingly with companies registered as «Electronic Money Issuers» by the government), the current stance of bitcoin (and other cryptocurrencies) is, according to
Basically, cryptocurrency is electronic money stored in e-wallets or computer files.
No, the Federal Reserve Bank of St. Louis argues that there's only a case for Central Bank electronic money.
IBKR begins offering Wealth Manager and Money Manager advisor accounts and opens the fully - electronic Money Manager Marketplace.
For example, it uses an online electronic money institution to convert investors» money into a digital currency that can be spent on the portal.
(The U.S. Federal Reserve actually has a video on YouTube explaining how it creates electronic money.)
By design, Billon is significantly cheaper than any other electronic money provider — they don't require banks to invest into new hardware, software and their integration can be implemented within 12 weeks... therefore, compared to alternatives like payment cards, checks or core - banking system architecture, Billon is 90 per cent cheaper to implement and nearly 100 per cent cheaper to operate.
Because people like Larry Summers, Kenneth Rogoff and others have wanted to get electronic money because then they would have greater control over what you and I do.
I pushed buttons on a glowing rectangle, sent electronic money into space, and the card arrived in the mail in four days.
Agree and not agree but I am getting sick of these FIFA managers throwing electronic money evereywhere around Europe.
He cites their involvement in electronic mail, teletext replacing books, teleworking, telephone democracy (what Ross Perot called the «electronic town hall») and, perhaps most importantly, electronic money transmission services.
This is the stupidest thing about RBC — yes, I understand they want to «bundle» all their services but forcing investors to open up new accounts to use their discount brokerage when most of the other discount brokerages offer excellent electronic money movement options is just bad business.
FasaPay is the brand of Fasa Centra Solutions, which provides electronic money transfer and management services.
Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios.
Cash accounts generally work the same as new accounts e.g. Allowing money to be paid in via employer, bills to be set up via direct debit, online / telephone payments / banking and lastly electronic money transfers.
Cryptocurrency: Person - to - Person Electronic money, based on the principles of cryptography to validate transactions and the generation of the currency itself.
«Virtual currencies are a form of unregulated electronic money, as opposed to real money they are not issued or guaranteed by a central bank, which in some cases can be used to make payments.»
In the statement, SFMS differentiates between electronic money — the digital form of fiat currency, and cryptos, referred to as «virtual currencies».
The first step, according to him, has been made by Europe and China, which already have licences for nondepositary electronic money transfer services.
Trained in multiple skill sets; Deposit Review, Inclearing, New Account Screening, Electronic Money Movement, Real Time Fraud
As an licensed full - service ASP in Cyprus, we provide hands - on regulatory, corporate, legal and consultancy services to Investment Firms, Forex Brokers, AIFs, AIFMs, Electronic Money Institution, Payment Institutions, Binary Options Brokers, global companies, cross-border transactions, and individual investors.
However, since the Fed began curtailing its bond buying / electronic money printing program (a.k.a. «QE3») in earnest circa mid-2014, the U.S. economy has struggled.
NFC can be used as electronic money, sort of like a Blink credit card.
More recently, in 2017, HNB noted that cryptos were neither legal means of payment, nor electronic money under current law in Croatia.
As a regulated E-Money Institution Xapo is now licensed to issue electronic money in...
According to sources, Bitstamp may have secured a payment institution (PI) or electronic money institution (EMI) license from Luxembourg regulators, a move that the company has reportedly said would allow it to become «the first regulated and licensed bitcoin exchange for all 28 countries in the EU».

Phrases with «electronic money»

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