Sentences with phrase «legal currency with»

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
While Coinbase is still riding high, it also faces challenges, including the recent downturn in the overall crypto - currency market and expenses related to its recent legal battle with the IRS.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
«Payments made with virtual currencies are not only irreversible,» the report continues, «they also do not have the same legal protections as most traditional payment methods, such as the ones you have when using a credit card.»
After plunging to a record low of 15.95 to the U.S. dollar on September 25, the Argentine peso clawed its way back to 8.5525 on Monday as a crackdown on trading, a bond sale and a currency swap with China curbed transactions in both the legal and underground currency markets.
Poonam is a licensed attorney with the State Bar of California and a legal contributor for ETHNews on virtual currency regulation.
The company would have to file a notice with the regulatory department; pay a registration fee of $ 250; provide evidence of registration with FinCEN as a money services business; agree to not invest or pledge virtual currency in its custody or control on behalf of others or to engage in the exchange or transfer of legal tender; and prove its policies for reporting, disclosures, and compliance.
According to Jeffrey Berns, Managing Partner of Berns Weiss LLP, «the virtual currency / blockchain practice group of Berns Weiss LLP has been contacted by various people inquiring about potential legal action against Poloniex and Kraken with regard to the recent sell off at those exchanges in conjunction with DDoS attacks.»
Kenya has for years regarded blockchain technology and digital currencies with suspicion, comparing bitcoin to a «pyramid scheme,» and emphasizing that it had no legal footing.
The currency has partnered with Alt36 to integrate Dash payments into a point - of - sale system for the legal marijuana industry.
With virtual currency gaining traction among investors, Finance Minister Arun Jaitley today said India does not recognise cryptocurrency as legal tender.
With this in mind, it seems like a committee was constituted by the Reserve Bank, and put in charge to study digital currency, and decide whether bitcoin is fit to be recognized as an official, legal currency in the country.
Besides legal tenders such as Dollar, Ruble, Euro, RMB, and virtual currencies such as Bitcoin, Litecoin, LNC also can be exchanged with indirect currencies such as gold, silver and valuable financial derivatives.
These risks and uncertainties include: fluctuations in U.S. and international economies and currencies, our ability to preserve, grow and leverage our brands, potential negative effects of material breaches of our information technology systems if any were to occur, costs associated with, and the successful execution of, the company's initiatives and plans, the acceptance of the company's products by our customers, the impact of competition, coffee, dairy and other raw material prices and availability, the effect of legal proceedings, and other risks detailed in the company filings with the Securities and Exchange Commission, including the «Risk Factors» section of Starbucks Annual Report on Form 10 - K for the fiscal year ended September 28, 2014.
But they dampened once again with the bankruptcy at digital currency miner CoinTerra, millions lost at an exchange in Hong Kong, and Bitcoin's legal status in Russia.
Abra requires that all of our teller partners comply with whatever legal requirements that they may have for buying and selling digital currency.
On 5 December 2013, the People's Bank of China announced in a press release regarding bitcoin regulation that whilst individuals in China are permitted to freely trade and exchange bitcoins as a commodity, it is prohibited for Chinese financial banks to operate using bitcoins or for bitcoins to be used as legal tender currency, and that entities dealing with bitcoins must track and report suspicious activity to prevent money laundering.
With the inability to control, monitor, legislate and print, global governments will always likely oppose cyber currency as a way of evading taxes and their legal system.
Bitcoin companies proffering virtual currency wallets often don't fuse well with legal matters, as such, they often face a difficult legal quandary: do they have to operate as a financial institution, likened to a bank, with all its regulations intact, or can these companies operate under a different type of outfit?
That is why, currency trading is suitable only for people who understand and allow the economical, legal and other risks associated with such dealings, and is able to withstand financial losses.
Since 2013 to recently in February, the central bank has repeatedly cautioned virtual currency users on the «potential financial, operational, legal, customer protection and security related risks» associated with virtual currencies.
The announcement follows up the recent announcement of the Blockchain Alliance, when a wide variety of leading bitcoin start - ups have formed a partnership, meant to create the Alliance, which aims to help bitcoin start - ups, but also discuss regulatory policies alongside with legal matters that concern digital currencies with state institutions and banks.
(2014 Local Food Awareness Report for Gulfport MS, found at www.helpingpublicmarketsgrow.com) • Vermont: Researched and wrote report on SNAP, FMNP technology and policy answers for VT farmers markets in collaboration with NOFA - VT and VAAFM (2013 Vermont Market Currency Feasibility Report found at www.helpingpublicmarketsgrow.com • Vermont: Working with Vermont Law School on legal resources for farmers and market organizations.
There is an explicit clause that has been inserted into the regulation with legal effect, effectively representing Britain's position, which essentially says no action, proposal or policy of the European Central Bank should directly or indirectly discriminate against any member state or group of member states in any currency, in effect.
I am not sure «currency speculation with profit» would be legal.
With two legal currencies, minimal internet access, and divisions between those who can and can't access external resources, the residents of Cuba have become experts at negotiating the complexities of exchange between each other and the world.
The essential dilemma is that while the value and popularity of the cryptocurrency asset class has exploded, directions from the courts and within the legal profession on how to deal with virtual currencies is sorely lacking.
As the real estate market needs great liquidity and, in the case of the corporations, they may not remain with the Bitcoins and need to convert them into currency, it may be, in addition to the knowledge of the business that goes beyond the legal spectrum, highlighting that it is needed to understand the operation of the real estate industry to, in fact, be an aggregating agent of innovative and effective solutions.
Also, one other point is that as lawyers and vendors work more closely with smart contracts on a blockchain such as Ethereum, which may involve a token with a currency value, such as Ether for example, then opening up to «retail» payments in digital currencies may become part and parcel of doing business in the legal sector.
Barclays has faced intense public scrutiny in recent years: from the Serious Fraud Office's investigation into the bank's # 12bn fundraising at the height of the financial crisis, which resulted in criminal charges against the bank and former executives relating to a # 2.3 bn loan Barclays provided to Qatar, a multibillion - dollar legal battle with the US Department of Justice over allegedly - fraudulent mortgages and a New York currency trading probe that ended in a $ 150m settlement.
Even the largest law departments with sophisticated legal operations capability find it difficult to maintain currency with the latest offerings and thinking.
At the same time, those international companies that have long - term plans for developing their presence on the Russian market are creating a demand for comprehensive legal services on a broad range of matters, including litigation, revision of contractual terms with business partners (especially those with a foreign currency element), advice on issues relating to the sanctions, distressed assets, bankruptcy and so on.
With the recent increase in value of digital assets such as bitcoin, Ether, and Monero, it is not surprising that criminal hackers and rogue states are looking for ways to acquire these currencies, which they can use anonymously for various legal and illegal purposes.
With virtual currency gaining traction among investors, Finance Minister Arun Jaitley today said India does not recognise cryptocurrency as legal tender.
Rosalino also sighted some of the legal concerns associated with cryptocurrencies saying «it may not be possible to exchange a virtual currency for a currency accepted by regulators and central banks.»
China's government has signaled that it is warming up to digital currency with a new proposed civil law that may recognize people's legal right to own virtual assets, including digital currencies.
Furthermore, China's government recently signaled that it is warming up to blockchain and digital technologies with a newly proposed civil law that will recognize people's legal right to own virtual assets, including digital currencies.
PotCoin (POT) is a peer - to - peer cryptocurrency developed with the aim of becoming the currency of choice for the legal marijuana industry.
After years of ambiguous signals, Russian president Vladimir Putin finally clarified Russia's stance on cryptocurrencies last week with five presidential orders demanding officials set up a legal framework to handle digital currencies.
Still, it acknowledged that with no current laws relating to virtual currencies, there maybe a «need» for it to give its market legal clarity.
The country's central bank released an initial warning in February and has followed up with repeated statements that bitcoin and other digital currencies are not legal tender or a permitted means of payment in Vietnam.
With increased difficulty associated with legal campaign funding, the state sponsored actors of North Korea are taking the illegal route to steal virtual currencWith increased difficulty associated with legal campaign funding, the state sponsored actors of North Korea are taking the illegal route to steal virtual currencwith legal campaign funding, the state sponsored actors of North Korea are taking the illegal route to steal virtual currencies.
The company is in a legal battle with rival blockchain startup R3 Holdco over an options contract to purchase Ripple's digital currency XRP.
The Reserve Bank of India has so far issued three press releases — on December 5, 2017, February 1, 2017, and December 24, 2013 — cautioning «users, holders and traders of Virtual Currencies (VCs) including Bitcoins regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with such VCs», and clarifying that «it has not given any licence / authorisation to any entity / company to operate such schemes or deal with Bitcoin or any VC».
Smart contracts will only be able to make fiat currency payments when some representation of fiat is put onto a blockchain or distributed ledger, by an entity with the legal ability to do this, whether it's a commercial bank or central bank or payments institution.
The Financial Supervisory Commission (FSC) announced on September 3 that it held a joint task force meeting with digital currency - related institutions and regulators, such as the Korea Fair Trade Commission (KFTC) and the National Tax Service (NTS), on the 1st to promote the viable measures within the current legal boundaries and come up with the measures that narrow blind areas.
By backing their tokens with real fiat currency and offering unprecedented legal protection as well regular and transparent auditing of their assets, it will be hard to ignore TrueUSD as it proves itself a serious contender in the emerging world of stablecoins.
Bitcoin does not come under the ambit of currency, legal tender or foreign exchange and the RBI hasn't come up with guidelines on this yet, except for the warning it issued in December 2013.
Patrick focuses on legal issues associated with electronic payments with an emphasis on money transmission and anti-money laundering compliance for virtual currencies, digital tokens, and initial coin offerings.
This has created a vacuum which can be filled only when the Indian policymakers come out with their own virtual currency form which will follow the legal route to be given the title of a fiat cryptocurrency.
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