The termination of Wave Crest's Visa membership does not affect other Visa issuers» card programmes, including those using
fiat funds converted from cryptocurrency,» said Visa in a statement.
Visa said that it has other approved card programmes that use
fiat funds converted from cryptocurrency in a number of jurisdictions and that WaveCrest's membership termination does not affect these other products.
Not exact matches
In Polupanov's words, these marketplaces have become «pioneers and leaders on the proposal to buy cryptocurrency,» with traders
converting rubles to virtual currency, transmitting those
funds to their home countries, and reconverting them into local
fiat currency there.
Funds are immediately
converted to
fiat currency in order to protect the seller from market volatility.
c) can I keep
funds (both
fiat and etc) in my wallet for some indefinite time and
convert / cash out / transfer at will?
Using the website for crypto coin mining, collected
funds will be
converted into
fiat currency and redirected to the account of the Australian subsidiary of UNICEF.
-- Maintaining wallets in both
fiat currencies and cryptocurrencies with the ability to conveniently and quickly
convert funds between them.
If you're spending money through Revolut's debit card and run out of
fiat currency, it will automatically
convert the necessary amount of cryptocurrency to
fiat to
fund your transaction.
Usually this is done via using own capital (
fiat and BTC) in order to
fund hot wallet (from where bitcoins are sent to customers) or additionally holding some liquidity on bitcoin exchange (
fiat currency liquidity), which is
converted to BTC when transaction happens to lock exchange rate and laterto replenish hot wallet for future transactions.
Depending on your country, you can add
funds by
converting bitcoin into
FIAT, from bank transfer, or using our digital currency exchange features inside the app.
Even
funds donated in
fiat currency — which is also possible via Helperbit — are
converted into the cryptocurrency, which allows donors to track their own
funds.
Regardless of what security solutions the team finds, most of the cryptocurrency transfers will probably filter through a centralized, manual service where the startup itself accepts
funds,
converts them (sometimes into
fiat), then sends them on to the recipient.
Point - of - sale transactions via crypto will help to keep fees low, while merchants can still use the platform to
convert funds to their
fiat account.
While Poloniex allows trades of roughly 100 different cryptocurrencies and crypto tokens, exchange users have had to move those
funds to platforms like Circle's to
convert into
fiat.
This means that companies can exchange cryptocurrency
funds faster, bypassing the process of
converting in and out
fiat currencies through the banking system.
Under the partnership with RTS, LavkaLavka immediately
converts the
funds to rubles and only handles
fiat currency.
Funds are immediately
converted to
fiat currency in order to protect the seller from market volatility.
«If they want to invest in [the] hedge
fund, they have to
convert to
fiat, then the hedge
fund will
convert it into crypto for investments.
Some people believe that by the time clients cash out their bitcoin retirement
funds, they may not want to
convert it all into
fiat currency like dollars.
It is not possible to cash out the stolen NEM to
fiat currencies like the US dollar and it is also not possible to
convert the stolen
funds to other cryptocurrencies.
In December meanwhile, more stringent identification of virtual currency holders who
convert funds to
fiat will come into being, with the onus on businesses to ensure they can identify customers behind the conversions.
Bitcoiners with enough
funds to purchase a home must then find a brokerage service or merchant processor to
convert their cryptocurrency back to
fiat reserves.
«If they want to invest in a hedge
fund, they have to
convert to
fiat, then the hedge
fund will
convert it into crypto for investments.