Sentences with phrase «exchange of fiat currency»

FinCEN's regulation of the on and off ramps between the exchange of fiat currency to bitcoin is an appropriate level of regulation based on risk.

In cross-border transactions involving multiple currencies, the exchange of fiat currency to Lumen and vice-versa allows consumers and businesses to send and receive money across borders, faster and cheaper than traditional payment services.

The BSP circular states virtual currency exchanges providing a facility for the conversion or exchange of fiat currency or government - issued currency to virtual currency are considered similar to remittance and transfer companies and should be covered by Republic Act 9160 or the Anti-Money Laundering Act of 2001.

It offers the peer - to - peer exchange of fiat currency for cryptocurrency, and crypto - to - crypto exchanges on bitcoin, Litecoin, Ether and an extensive range of altcoins.

If any supporter / investor is willing to invest, he may buy the tokens from the promoter in exchange of fiat currencies or crypto currencies.

Not exact matches

Unregulated digital entities, created by just about anyone out of nothing, that assume some value denominated in fiat currency simple because they're being traded between anonymous people or bots whose only desire is to make prices go up, on unregulated opaque exchanges where everyone thinks price manipulation is good as long as it pushes up the price....

Meanwhile the markets tab offers a comprehensive overview of the price of Bitcoin versus multiple fiat currencies on different exchanges.

If there is a world standard for a decentralized currency exchange, it is the fiat Foreign Exchange Market or Forex where desktop traders, central banks, and everyone in between meets to buy and sell the fiat currencies of thexchange, it is the fiat Foreign Exchange Market or Forex where desktop traders, central banks, and everyone in between meets to buy and sell the fiat currencies of thExchange Market or Forex where desktop traders, central banks, and everyone in between meets to buy and sell the fiat currencies of the world.

While cryptocurrency's foray into finance might just be starting, the concept of decentralization is a well - known and welcome ideology already present within the realm of fiat currency exchanges.

And with our guaranteed exchange rate, we protect businesses from any risk of digital currency price volatility while delivering on - time bank settlements in local fiat currencies.

One of his views that always stuck with me on that subject, at least as a starting point for thinking about it, was that it was somewhat nonsensical to talk about what «equilibrium exchange rates» should be in a world of fiat currencies and fractional reserve banking.

But the exchange of fiat money into virtual currency, and vice versa, should be done offshore to avoid infringing Philippine regulations, he said.

Purchase of bitcoins for fiat currency will add extra 0.2 - 0.3 % on top of price (exchange fees).

Specifically, it does not cover VC creators but only focuses on entities facilitating the conversion or exchange of any VC into fiat currency or vice versa.

Charlie was a former employee of Google and he was also the director of engineering at coin base for several years and for anybody that doesn't know what coin base is it's one of the biggest exchanges in the world for trading fiat currencies for cryptocurrencies.

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.

Not only this, but the regulatory agency has also stated that in the country of Columbia, the only medium of exchange that is deemed as legal consists of the country's fiat currency, issued by the Bank of the Republic.

Unlike in the past, when you could exchange your dollars or any other currency for physical gold, fiat currency is not backed up by anything else than a number printed on a piece of paper.

Until 2017, the majority of Wirex customers worldwide enjoyed the fruits of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for fiat currencies (USD, EUR, GBP)-- making payments with their Wirex prepaid debit card.

Some wallets have other features, such as checking live exchange rates to your fiat currency of choice or maintaining various coin balances from different blockchains, but we'll cover these in later sections.

The value of Digital Assets may be derived from the continued willingness of market participants to exchange fiat currencies for Digital Assets, which may result in the potential for permanent and total loss of value of a particular virtual currency should the market for that virtual currency disappear.

Analysts believe that investors are gradually beginning to pay more attention to these assets since they are unrelated to a country's economy — unlike fiat currencies and other traditional forms of money exchange, which are extremely vulnerable to internal and external economic shocks — leading to the popularity of cryptos such as bitcoin and a few others.

Alternatively, you can sell your XMR coins on any of the exchanges that conduct directly dealing with fiat currencies.

As there are very few exchanges that accept fiat currency directly, most of the XMR purchases are conducted with Bitcoin.

Most of the major exchanges that convert crypto - currency into fiat currency (eg: USD, Euros) do so only at a snails pace and only exchange BTC or ETH.

Apart from that, buying bitcoin comes with a 7 % transaction fee, and you may lose a bit of value on your fiat currency from the exchange rate.

Hi Alex, so if you have Bitcoin (BTC), you can send in BTC to Abra and then exchange for any of the 20 cryptocurrencies or 50 fiat currencies listed on our app!

Once you fund your Abra app, you can exchange in and out of any of the 20 cryptocurrencies and 50 fiat currencies almost instantly!

Since is is backed by an actual fiat currency, it allows the users to move their preferred fiat money in and out of a certain exchange efficiently and in a cheaper transaction rate.

«Investors who store their fiat currencies and cryptocurrencies with unregulated cryptocurrency exchanges should be aware of the risks of hacking and misappropriation of assets.»

Today, Abra announced support for 20 cryptocurrencies and 50 fiat currencies in a new version of our mobile app that includes a real - time exchange service across all 70 currencies.

Regulatory oversight of custodial exchange corporations is productive, as it protects consumers when their virtual (and fiat) currency is in the possession of the exchange.

Bitcoin can exist on its own, but the value of this cryptocurrency is that you can exchange it into fiat currencies, such as USD or EUR.

Exchange: A cryptocurrency exchange is an online platform or digital marketplace where traders can buy and sell cryptocurrencies using different forms of fiat currency or other aExchange: A cryptocurrency exchange is an online platform or digital marketplace where traders can buy and sell cryptocurrencies using different forms of fiat currency or other aexchange is an online platform or digital marketplace where traders can buy and sell cryptocurrencies using different forms of fiat currency or other altcoins.

Trading currencies (whether fiat or cryptocurrencies) involves exchanging currency that you own into another kind of currency and then exchanging it back when the price changes — hopefully for a profit.

On the other hand, Stellar allows individuals to trade money directly with one another using XLM as the medium of exchange, and «anchors» to handle the aspects of fiat currency.

Seamlessly integrated with the exchange, buyers and sellers will be able to transact in a wide variety of digital or fiat currencies.

Bitit users are now able to buy Ripple through all of Bitit's accepted fiat currencies so there's no need for extra foreign exchange fees.

You can acquire TCO through our pre-ICO and ICO stages of release or, once the ICO is finished, by exchanging fiat currency and other cryptocurrencies via select exchanges.

The value of digital currency may be derived from the continued willingness of market participants to exchange fiat currency for digital currency, which may result in the potential for permanent and total loss of value of a particular digital currency should the market for that digital currency disappear;

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.

On a handful of exchanges, you can buy it directly with fiat currency like US dollars.

Triple Dice Exchange is an online trading platform that services clients of all types who are in the market for the buying and selling of Bitcoin, as well as of altcoins and other fiat currencies.

Exchanges typically have their own specific process of converting fiat currency to cryptocurrency and back, but the general process remains the same.

If the supply of that commodity is limited (e.g., no more gold to make coins can be mined), then the ability to manipulate the currency price (exchange rate) downward by varying the quantity in circulation (as occurs with quantitative easing in fiat currencies) is no longer an option.

There is really no economic or financial justification for that as gold and fiat currencies have the value that is ascribed to each as a medium of exchange.

The following methods of sending fiat currency to exchanges for Litecoin purchase are as follows:

Today, we use the system of «fiat money» which says that currency is intrinsically worth only the paper it is printed on is is used only as a medium of exchange for the supply and demand of goods and services in an economy, including precious metals like gold and silver, with the value of money allowed to fluctuate based on market forces.

Taxing fiat currency when received in exchange for providing services is a fundamental principle of U.S. taxation.

About Coinroom Deposit and Withdrawal Options Fees and Charges Privacy and Security Customer Support Pros and Cons FAQ Conclusion Conceived in 2015 and launched in early 2017, Coinroom is a Polish - based cryptocurrency exchange which allows its users to buy and sell several types of cryptocurrencies using fiat currencies.