Sentences with phrase «in real currency»

This type of virtual currency either has an equivalent value in real currency, or acts as a substitute for real currency.

I do however wish the actual costs of these packs in real currency went down a bit as I might be inclined to purchase some.

Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as «convertible» virtual currency.

NEVERDIE, one of the top established names in real currency MMORPG's and Virtual Worlds, today announced a Billion Dollar NEVERDIE Teleportation ICO on the Ethereum...

NEVERDIE, one of the top established names in real currency MMORPG's and Virtual Worlds, today announced a Billion Dollar NEVERDIE Teleportation ICO on the Ethereum Blockchain in partnership with ICO KOREA the leading cryptocurrency specialist firm in South Korea.

The Internal Revenue Service (IRS) ruled that bitcoin and other digital currencies have an equivalent value in real currencies, which means that they can be used for services or purchasing goods.

lans, but since it ruled that digital currencies have an equivalent value in real currencies, it's safe to have a 401K or IRA bitcoin investment.

Well, the IRS is yet to specify rules when it comes to bitcoin retirement plans, but since it ruled that digital currencies have an equivalent value in real currencies, it's safe to have a 401K or IRA bitcoin investment.

Natalie Griegson estimated just how expensive the castle from Super Mario 64 would actually be in real currency, and yeah, it's a lot.

The latest tax information regarding cryptocurrencies was published by the IRS in 2014 and states that «virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as «convertible» virtual currency.»

Furthermore, the term «cryptocurrency,» according to stipulations, includes anything which is considered to be a «convertible virtual currency» having an equivalent in real currency or it acts as a substitute of the same.

FINCEN goes on to broadly explain that these acts apply to any project involved in «convertible virtual currency» which «either has an equivalent in real currency or acts as a substitute for real currency» as laid out in a 2013 guidance from the Treasury Bureau.

FinCEN goes on to say the act applies to any project that involves «convertible virtual currency» which «either has an equivalent in real currency or acts as a substitute for real currency» as its stipulated in a guidance released by the Treasury Bureau in 2013.