Sentences with phrase «fiat currency operations»
Audits should also look at the company's fiat currency operations, and include assessments of security safeguards in place, he said.
https://www.coindesk.com/ Not exact matches
As part of this interesting proposal, he talks about the «Austrian cryptocurrency myth» that tokens created in the operation of a double permissionless shared ledger could compete with fiat currencies in everyday use and concludes that for reasons relating to both technology and governance they could not.
Liquidating a percentage into fiat currency to cover operational costs, ad - hoc re-investment into operations, and to engage in other crypto & blockchain investment opportunities.
Programs for after - ICO companies who want to store and use both crypto and fiat currencies for their business operations
They plan on taking 60 % of the proceeds and converting them to fiat currency to offset the costs of operation and invest in related opportunities.
The bread and butter at the height of operation were bitcoin exchanges into fiat currency PayPal accounts which launched in April 2015.
Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «fiat» from foreign financial markets, specifically converting bitcoins into the local fiat currency where their mining operation physically resides.
The basic unverified level allows you to trade crypto - for - crypto without verifying your ID, as long as your operations do not involve fiat currencies.
According to Obi Nwosu, CEO, Coinfloor, the UK cryptocurrency exchange's mission «is to build a bridge between fiat currency and cryptocurrency to drive the stability and sustainability of cryptocurrency» Coinfloor started its operations in the UK in 2013 and closely holds the DRW, a Chicago based trading firm, among its investors.
It features a single panel of operation for sending and receiving payments and shows users only the converted fiat currency value of their bitcoin holdings.
LitePay, a much - hyped payment service allowing vendors to accept and instantly convert Litecoin payments into fiat currencies, has ceased all operations.
Lightcash has developed the first entirely legally compliant decentralized exchange for operations with cryptocurrencies, fiat currencies and the Lightcash Coin secured by real gold mined from gold deposits in Russia.
The exchange will support operations in the most popular fiat currencies.
If miners have no way to convert mined crypto - currency into usable fiat currency to support their operations, they may have no choice but to close down.
It was announced from European based digital currency exchange SpaceBTC this week that finishing touches to overhaul operations and completely drop the dealing in fiat currency are in final arrangements.