Sentences with phrase «exchange for money as»

Initial coin offerings or ICOs are simply where a company offers coins in exchange for money as opposed to the traditional form of fundraising where a company would offer stock.

Not exact matches

Back in 2014, he wrote a Financial Times op - ed in which he criticized the virtual currency for being «unsuitable as a means of exchange» and said it was only attractive for two reasons: anonymity — as desired by money launderers and tax evaders — and speculation.

On Jan. 10, he offered to support a Democratic goal — providing legal status to some 800,000 young, undocumented immigrants under the Deferred Action for Childhood Arrivals program — in exchange for money for the wall as part of down - to - the - wire negotiations for a short - term budget.

Poloniex, which for now trades only digital tokens (about 70 types), needed a way to translate its cryptocurrency exchange fees into fiat money like U.S. dollars — «to buy cookies and milk and pay rent,» as Allaire likes to say.

Although the lack of jurisdiction over Bitcoin and its links to money laundering and illicit marketplaces have raised more than a few eyebrows, the currency offers a simple way for legitimate businesses such as small retailers and professional service providers to accept payments for international sales without facing onerous credit card fees or exchange - rate surcharges.

«The reason ripple is surging so much is it's a bubble,» said Erik Voorhees, CEO of digital asset exchange ShapeShift and a vocal advocate for bitcoin as a way to separate money and the state.

Entrepreneurs are faced with a unique opportunity to not only build innovative products but also to build companies that break the cycle and do not play off of fear, false superiority, or treating work as simply an exchange of labor for money.

The farmer gets a return on his money «a whole lot faster,» Georges told the Sharks, as he asked for $ 150,000 in exchange for 20 percent of his company.

The Dec. 20 sentencing of Charlie Shrem, one of the digital currency's most vocal cheerleaders as vice-chairman of the Bitcoin Foundation and chief executive of an exchange called BitInstant, to two years in prison for illegal money transfers doesn't help.

Money market accounts, or MMAs, are typically defined as deposit accounts that pay higher interest in exchange for larger deposits, heftier minimum balances and a few more restrictions than what would be typical for standard savings accounts.

The tense negotiations over Greece's debt come as the Greek government struggles to find a consensus to pass the budget reforms demanded by its so - called troika of lenders — the European Central Bank, European Union and International Monetary Fund — in exchange for releasing the next installment of bailout money, a 30 billion euro ($ 38.3 billion) payout scheduled to be released in March.

Virtual currency exchanges allow their customers to trade virtual currencies — usually for other virtual currencies, but also for other assets such as fiat money.

Some may accept credit card payments, wire transfers, postal money orders, or other forms of payment (such as another virtual currency), in exchange for Ether or other virtual currencies.

The finance ministry had published an earlier draft of the latter bill on its website in January 2018, and noted that the central bank took exception to a provision that would allow decentralized cryptocurrencies to be traded on exchanges for other digital assets as well as for fiat money.

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.

Finance Minister Anton Siluanov has called for regulating digital money as securities, while central bank officials vowed to work with prosecutors to block websites that allow retail investors access to bitcoin exchanges.

They can be used to exchange money or assets of value across multiple blockchains, used digitally to verify identifications through ICON blockchain ID, and as a vehicle for processing smart contracts.

And the US government is going to create about $ 2 trillion of new Treasury Bonds and exchange these perfectly good Treasury Bonds that are as good as cash (because you know the government can always print the money), they'll exchange these bonds — cash for trash.

Take a gander at some of the latest stories: Also read: Hullcoin Leads This Week's Digital Currency News KRAKEN It's a week of investments for cryptocurrencies as Bitcoin exchange Kraken received a hefty sum during its Series B stage of financing from Money Partners Group in Tokyo, one of

For examples, in Ancient Byzantium, currency traders also referred to as money - changers, would help citizens in exchanging their... Read more

We are pleased to see the continued demand for XRP via these new exchange listings as it ultimately enables us to provide our customers one frictionless experience to send money around the globe, particularly in those markets that need this service the most.

««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.

As transactions involving a very small sum of money have been made unfeasible by the current financial institutions, Bitcoin micropayments have become the best alternative to use in exchange for something made available online.

Thanks Robert... it's not just the exchange of money, it's paying for space on someone else's platform that designates it as native advertising.

The fund only stabilizes the exchange rate for a short time, as the money is going out.

Money as we know it is already somewhat virtual, since the pieces of paper and bits of metal that we use to pay for things don't have any actual value themselves — their only value is that they can be exchanged at stores for things that actually have value, like food.

The U.S. Treasury recently declared that any entity engaged in the exchange of virtual currency for fiat currency must register as a currency exchange and take steps to prevent money laundering.

The US government insists that any business exchanging cryptocurrency with US customers must be licensed as a «money services business» on the grounds that it could be used for funds transmission and thereby (like a bank) for «money laundering.»

He estimated 10,000 bitcoin exchanges total, charging his customers 10 to 20 percent commission.He also admitted to operating as a money services business and failing to file currency reports or ask for customer information, the documents say.

Try to get as much money as you can in exchange for as little equity as possible.

However, it is important to point out that these tokens aren't exactly shares of the company, yet as the start - up in question becomes more profitable, so will these tokens which can be traded on exchanges for real money.

Another important issue is government restrictions of money flowing out, for instance, The Reserve Bank of India, recently announced no resident will be allowed to buy an immovable property abroad as part of a move to curb foreign exchange outflows.

To make digital currency useful to «cash consumers» digital currency should: be transferable to any phone number in the world, not represent exchange rate risk, be as private as real cash, have no costs for money transfer, and be fungible to real paper - cash at very low cost 24 hours a day, 7 days a week.

As described above, having spending money (an exchange account) is a good idea for smaller everyday purchases and day trading.

This ecosystem is a shared public database with a built - in distributed currency exchange operating as the world's first - ever universal translator for money.

Public exchanges serve as oracles for the kUSD blockchain, which then automatically increases or decreases the kUSD money supply based on the market price to keep the value of kUSD close to $ 1.

Digital currency or digital money is an Internet - based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer - of - ownership.

You're simply exchanging continually - depreciating «paper promises» — the enduring term coined by David Morgan at TheMorganReport.com — for «honest money» which has stood the test for millennia and will likely continue for as far as the eye can see.

On 5 December 2013, the People's Bank of China announced in a press release regarding bitcoin regulation that whilst individuals in China are permitted to freely trade and exchange bitcoins as a commodity, it is prohibited for Chinese financial banks to operate using bitcoins or for bitcoins to be used as legal tender currency, and that entities dealing with bitcoins must track and report suspicious activity to prevent money laundering.

In summary, FinCEN's decision would require bitcoin exchanges where bitcoins are traded for traditional currencies to disclose large transactions and suspicious activity, comply with money laundering regulations, and collect information about their customers as traditional financial institutions are required to do.

For the most part, US Bank's savings and money market accounts are only acceptable as part of the US Bank account packages, which let you waive the savings account fees in exchange for opening a checking account in additiFor the most part, US Bank's savings and money market accounts are only acceptable as part of the US Bank account packages, which let you waive the savings account fees in exchange for opening a checking account in additifor opening a checking account in addition.

For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes)For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purpexchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes)for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purpexchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purpexchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purpexchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purpExchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes)for tax purposes).14

A cryptocurrency exchange facilitates the trading of cryptocurrencies, in exchange for other assets such as fiat money or another digital currency, and delivers the coins to the customer's crypto - wallet.

Initially used as a source of acquiring cryptocurrencies for transactional purposes, exchanges are now a source making money by buying cryptocurrencies when prices have ebbed, and re-selling them when prices have soared.

We can juggle ages for start of RRSP payouts, but it is clear that they have choices: 1) start CPP early to get more money upfront before age 65 in exchange for less money later; 2) start depleting RRSPs as soon as possible to avoid higher taxes later.

To accomplish that, the bill adds a definition of virtual currency to the state's money services statute (8 V.S.A. § 2500 et seq.): «stored value that (A) can be a medium of exchange, a unit of account, or a store of value; (B) has an equivalent value in money or acts as a substitute for money; (C) may be centralized or decentralized; and (D) can be exchanged for money or other convertible virtual currency.»

For example, a fraudster could pose as a Bitcoin exchange, Bitcoin intermediary or trader in an effort to lure you to send money, which is then stolen.

As Randy Thomasson, the president of a group in opposition to the bill, SaveCalifornia.com, explained to CBN News, «AB 2943 is only triggered when money is being exchanged for «sexual orientation change efforts.

When people act «rationally» in the exchange of goods and services, that is, when they try to get the most they can for the least payment in money or service, market activity increases and society as a whole benefits from the increased availability of desired goods and services.

Language, like money under inflationary conditions, loses its value as a medium of exchange when issued in excessive quantity and without regard for the real assets underlying it.