Sentences with phrase «in national currencies»

Although there are valid reasons for the policies, it creates obvious side effects with public confidence in the national currencies taking a hit.

Both accounts are USD accounts, and not in national currencies?

Most altcoins do not have markets in national currencies, and instead can only be bought with other digital currencies.

The service allows users to make instant and free cross-border transactions in national currencies.

The recipients may receive the money in their national currency while bitcoin is used as a medium of transaction.

The General Manager of the place at the time happened to be Shawn Owen, now the founder of the Salt Lending, a firm that supports loans denominated in national currencies backed by blockchain assets including bitcoin.

Spare app has added Bitcoin payment support, allowing users to cash out in national currencies in select U.S. regions using any iOS device.

We will convert to pesos if you would like to pay in national currency.

Hungary's financial regulator has begun a review of commercial banks that participate in setting the Budapest Interbank Offered Rate, or Bubor, used in determining borrowing costs for loans in the national currency.

Under the current law, any payment in Indonesia should be made in the national currency, the Rupiah.

In its simplest form, purchasing - power parity considers how much identical goods — such as a Big Mac or Starbuck's coffee — cost in national currencies.

After Monday's launch of the yuan - backed oil futures in Shanghai, there have been negotiation between Russia and China on mutual promotion of oil futures in national currencies, RIA Novosti reported.

The IRS has potentially accidentally created a huge tax benefit / loophole for digital currency speculation by a limitation of their own Congressional mandate, where previously in most assets that weren't included in their list (like, say Credit Default Swaps), one could operate under the assumption that the trades were open and closed in national currencies, and therefore subject to capital gains tax.

Which in some cases is privy to like - kind treatment where capital gains tax events are no longer created upon liquidation into another like property until settled in a national currency.

Countries often make pledges in their national currency, making the overall sum of contrinutions sensitive to the international exchange rate.

Storing value in national currencies exposes you to the risk of inflation or a currency collapse, but Bitcoin may actually gain value if there is a currency crisis or economic depression.

The average bureau de change deals only in national currencies, backed by central banks, using spot prices derived from large interbank transactions.

This positive balance can then be used to exchange for the current exchangeable amount in a national currency or another cryptocurrency.

This is due to a large population of a given country losing faith in their national currency, trading in FIAT — in many cases, their entire savings — into a cryptocurrency.

M1 specifically computes figures based on «the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency, held by nonbank financial institutions, state and local governments, nonfinancial public enterprises, and the private sector of the economy.»

• All our prices are in US dollars (we will convert to pesos if you would like to pay in national currency).

«We therefore find it rather curious that a former high ranking official of the CBN would make such bogus and unauthentic claims apparently calculated to destroy confidence in our national currency and sabotage the collaborative efforts of the CBN and the Federal Government at ensuring enduring stability of the financial system.

Russian Energy Minister Aleksandr Novak said the country is considering an option of payments for oil in national currencies, in particular with Turkey and Iran.

In a November speech, Bank of Canada Senior Deputy Governor Carolyn Wilkins warned, «As we think about alternative futures, we have to envision a world in which people mostly use e-money, perhaps even one that's not denominated in a national currency, such as Bitcoin», adding that «If we don't start now to find new approaches to handle these and other alternative futures, we won't be prepared for whatever comes our way».

Any job that you can do to get paid for in a national currency, you can in theory get paid for in Bitcoin.

During the event Wilkins discussed two different types of electronic money: those denominated in national currencies and backed by their issuer and cryptocurrencies with no issuer, such as bitcoin.

The company promises to find a way to let all customers withdraw their deposits in national currency.

His M1 index lists the «the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency».

His M1 index lists «the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency».

Spare app has added Bitcoin payment support, allowing users to cash out in national currencies in select U.S. regions using any iOS device.