Sentences with phrase «established as a means of exchanging»

Not exact matches

««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 Executive Budget health - related proposals are varied in nature from the funding for the New York Health Benefit Exchange at an additional $ 54.3 million to $ 148.3 million in 2014 - 15, to legislating the composition of out - of - network health benefits and protecting consumers from physician surprise billing and balanced billing as well establishing capital finance programs meant to strengthen New York's health care infrastructure.

They include prize money awards, partly related to the acquisition of artworks, and artist residency awards, in line with an established strategy of fostering experiences of exchange and movement as a means to stimulate creation and enhance trajectories.

2005), addresses privilege logs: «Some trial courts in Kentucky have begun to require production or exchange of privilege logs as a means to require parties to establish a basis for a claim of privilege and to narrow discovery disputes about potentially privileged documents.

In addition to trading the dominant cryptocoins, one of CryptoHawk's primary essence also lies in further establishing and promoting the acceptability of cryptocurrencies as a means of payment in the society across all industries and sectors; from the standard trading of cryptocurrency on exchanges to making a purchase in the local retail store using any recognized coin.

It took millennia for gold and silver to be established as universal means of exchange and money proper.