Also, digital currency exchanges help merchants process transactions by converting bitcoins
into normal currency.
During the freeze, investors in China could still purchase and sell cryptocoins, but were prohibited from transferring their coins out of the exchange or converting coins
into normal currency.
And some law - enforcement advice about tracking the proceeds of crime: bitcoin is quite hard to trace [1], unless one wants to convert a significant amount
into normal currency.
Not exact matches
Informal dealers replaced
normal banking channels to process flows of money
into and out of Iran, providing
currency to ordinary Iranians and turning Dubai
into a center for handling trade and investment for Iran.
I didn't think the «
normal» sapphire was still being offered, but anyways I would not recommend it as the Sapphire preferred is so much superior and well worth the $ 95 / annual fee, which you can get back with the ability to make freedom points (either unlimited at 1.5 X's or regular)
into Ultimate rewards points, the no foreign transaction fees (remember not to go for the trick: would you like this in
currency x or in dollars - it's tempting to go for a dollar dominated transaction, but in essence, the way I understand it, you get charged a «transaction fee» to go from the home foreign
currency into dollars, whereas the CSP card already pays for this transaction fee, so it's really a tricky semi-scam in my opinion.
Bookings made with other travel agents, comparison sites and affiliates will not be included for bonusing) and one additional point for every equivalent # 1 spent on your Card in a foreign
currency (if your transaction is converted
into your local
currency before submitting to us, you will earn at your
normal rate).
So, here's how it's going to work:
Normal people who aren't token speculators will hold fiat, and they will exchange them for tokens at the very last minute via a new third party intermediary payment processor whose job will be to turn whatever stable
currency you have
into tokens for the purpose of paying for that service.