Sentences with phrase «for national currencies»

An alternative approach is to issue a currency that can not be exchanged for the national currency.

You can exchange bitcoin for national currencies as well as altcoins.

Despite the emergence in 2013 of entities like Coinbase that have drastically streamlined the process, it is still difficult to exchange bitcoin for national currencies in a quick, reliable manner.

After our pilot projects we will understand what system we could use in our case for our national currency.»

However, it held that American entities who generate «virtual currency» such as bitcoins are money transmitters or MSBs if they sell their generated currency for national currency:»... a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter.»

Among his accomplishments were designs for the national currency of Panama, the Dominican Republic, Guatemala, and Turkey.

I've finally prepared a full - scale response to the main claim made by Castles and Henderson, that the use of market exchange rates, rather than «Purchasing Power Parity» conversion factors for national currencies, biases estimates of future emissions upwards.

You can exchange your bitcoins at any time for national currencies or other cryptocurrencies like Ethereum, Litecoins, Monero, and many more.

No Central Bank will accept digital currency as a substitute for its national currency or part of its monetary system when it is not able to control it.

As sidenote decentralized exchange sometimes allow for national currency trading.

While the platform itself is not decentralized, it allows users to exchange Bitcoin for national currencies directly between themselves.

«After our pilot projects we will understand what system we could use in our case for our national currency,» chairwoman Olga Skorobogatova told the crowd at the St. Petersburg International Economic Forum.

The national Bank of Kazakhstan is considering a ban on the exchange of crypto currency for the national currency — Tenge, and mining for crypto currency, according to local service Sputnik.

Bisq (formerly Bitsquare) provides an open - source desktop application that allows users to buy and sell bitcoins anonymously in exchange for national currencies or alternative crypto currencies.

For the equity market, First Global Credit launched a new derivatives product for bitcoin holders to participate in global equities platforms without cashing their bitcoin in for national currencies.

The EBA has also warned that there is no assurance that virtual currencies can be exchanged for national currencies, adding that trading virtual currencies carries implications for both tax and crime.

That's why, in order to acquire Bitcoin or cryptocurrencies, most people have to exchange it for a national currency.

After our pilot projects, we will understand what system we could use in our case for our national currency,» said Olga Skorobogatova at the St. Petersburg International Economic Forum 2017, held over June 1 - 3.

-RRB- provides an open - source desktop application that allows users to buy and sell bitcoins anonymously in exchange for national currencies or alternative crypto currencies.