Sentences with phrase «issued by a central authority»

Cryptocurrencies are decentralized — free of government control or commercial banks, but the «J Coin» would be issued by a central authority.

It is organic and is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

Fiat is currency issued by a central authority that artificially and unilaterally increases its volume at will.

Not exact matches

The idea here is essentially to work out how to set up cross-border mutual - fund type structures to invest in bonds issued by regional governments and quasi-government authorities, and to show the way with a modest amount of central bank money.

If that sounds similar to how Bitcoin bills itself — as a cryptocurrency that «uses peer - to - peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network,» — you're on the money.

It has no central authority, so managing transactions and issuing money are carried out collectively by the P2P network.

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

«Bitcoin uses peer - to - peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.

Unlike the fiat currencies that are subject to regulation by the central authorities of the country in which they issued, the CryptoBank cryptocurrency is decentralized, and therefore is not subject to geopolitical and age restrictions.

To be able to buy and sell a cryptocurrency, you need to purchase it with another form of currency such as digital currency (Skrill, Neteller, etc) or fiat currency (US Dollars, Euros or other currencies issued by central monetary authorities).

On the other hand, these geographic and demographic attributes made it possible and necessary that the central authorities care about social issues and locals» personal concerns in accordance with rules — Confucianism, Taoism etc. — that were acknowledged by all.

PLF's central objection is that the regulation was issued by a career FDA civil servant without proper legal authority to do so.

If a court has issued an order on non-return pursuant to Article 13 of the 1980 Hague Convention, the court must immediately either directly or through its central authority, transmit a copy of the court order on non-return and of the relevant documents, in particular a transcript of the hearings before the court, to the court with jurisdiction or central authority in the Member State where the child was habitually resident immediately before the wrongful removal or retention, as determined by national law.

Any identity card containing photograph of the applicant issued by any Department of the State or Central government, Regulatory Authority, Public Sector Undertaking, or Public Financial Institutions.

To be sure, bitcoin is hot, but its bigger importance is what it represents: An emerging alternative to central - bank - issued currencies, governed not by a centralized authority but by a combination of math, consensus and clever code.

«Bitcoin uses peer - to - peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.

Nigerians must understand that adequate notice has been issued by all financial sector regulatory authorities, namely Central Bank of Nigeria, CBN and Nigerian Deposit Insurance Corporation, NDIC, to warn Nigerians who want to trade in bitcoins as gamblers.»

More comprehensive definitions have been attempted by the EBA in 2014 (European Banking Association) and the Banca d'Italia, which both define Bitcoin as «a digital representation of value that is neither issued by a central bank or public authority nor necessarily attached to a fiat currency, but is used by natural or legal persons as a means of exchange and can be transferred, stored or traded electronically».

The Nigerian Deposit Insurance Corporation (NDIC) has moved to warn retail investors that the authority will not afford any insurance cover to those dealing with cryptocurrencies, or indeed any digital currencies not issued by the country's central bank.

But the Cryptoruble will be controlled by a central authority that will decide how many Cryptorubles will be issued and at which price.

Once the Central Authority issues your referral families generally have the information reviewed by an international adoption doctor and have two weeks to make a decision whether to accept the referral.