Particularly, from a foreign exchange standpoint, and also from the exchange standpoint
from fiat currency into bitcoin, which you said is a little bit [inaudible].
Could it be that a wealth transfer effect, where people move
from a fiat currency into bitcoin was happening, and continues to do so?
Not exact matches
The proceeds
from this mining will be converted
into fiat currency and donated to UNICEF Australia to supply vulnerable children worldwide with supplies like vaccines, food, and safe drinking water.
by Yesterday the Bank of England cut its main interest rate
from 0.5 % to 0.25 % for the first time, marking its first interest rate change since March 2009, and provided all of us with more reasons to keep converting
fiat currencies into physical gold and physical silver.
In order to guard against this risk, EthSuisse intends to periodically convert proceeds
from the sale of ETH
into fiat currencies instead of BTC.
«Mizuho's qualms about handling Mt. Gox's business did not extend, however, to receiving
fiat currency from Mt. Gox users for deposit
into the Mt. Gox account.
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.
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.
When Christin took other factors
into account, like the possibility of Silk Road users buying bitcoin to fund their dark market purchases and then trading bitcoin back to
fiat currency, the number of potential transactions attributed to Silk Road activity could double
from a conservative estimate of 4.5 % to as much as 9 % of all bitcoin trading activity, as measured by traded value on exchanges at the time.
Getting the necessary equity worth at least USD 10,000
into your account involves a bank transfer / wire (in the case of
fiat currencies) or a transfer of cryptocurrency
from an external wallet.
If you have fallen victim to a scam that resulted in direct charges on your credit / debit card or transfers
from your bank account (such as making deposits to purchase tokens, but not receiving tokens back, or depositing
fiat currency into a mining / Ponzi scam), call your bank IMMEDIATELY and report it as an unauthorized / fraudulent transaction.
The best part is that on Uphold members can easily move their funds
from Dash
into fiat currencies and back again.
To that end, he told the Russian government news site, he wants to ban all crypto exchanges and prevent residents
from converting the nation's
fiat currency into any form of cryptocurrency.
BitINKA provides exchange
into digital
currencies from more than nine different
fiat currencies across Europe and the Americas, and aims to expand deeper
into Europe and Asia in 2018, the company said.
The move effectively prevented anonymous traders
from pouring in their Korean
fiat currency, the won,
into buying cryptocurrencies or cashing out their crypto holdings back
into fiat.
By 2018, they hope the platform will have evolved
into a financial ecosystem thriving on the interaction between the blockchain and
fiat currencies, moving
from the American market
into Europe and Russia, then Latin America, and on to Asia and Australia.
So you can stroll up to an atm, withdraw, say, $ 200
from your BTC linked wallet, and CoinMetro will handle the sell order instantly, and convert that
into USD (or whichever
fiat currency your using) right on the spot.
Putting your hard earned
fiat currencies into crypto may provide an escape
from the government that issued that
currency, but are you getting better governance?
The Company will not be receiving USD (or any other
fiat currency) as a result of the Company's plans not to convert the Dash
from the masternodes
into Fiat and until the Company's plans change at which time there can be no assurances that the price of Dash will not significantly decrease due to its price volatility or that the Dash could be converted
into USD (or any other
fiat currency) at that time.
the system is reduced to the API allowing to receive payments
from a web site to a bitcoin wallet; suitable for those who do not need instant conversion of bitcoins
into fiat currencies
Uphold users are now able to purchase XRP directly
from the website with no transaction fees for the first 5 million XRP purchased, and they may convert the cryptocurrency
into seven other cryptocurrencies, 23
fiat currencies, and four precious metals.
Simply put, the possible threat is that value
from state - backed
fiat currencies could be siphoned off
into cryptocurrencies that aren't technically limited by any borders, thereby undermining the issuers» ability to influence monetary policy.
«Unocoin as our partner will receive the «crypto - assets»
from the consumer and then change it
into a
fiat currency before depositing it in our bank account.