Fund recipients will then be able to cash out bitcoin in 15
local currencies through instant and next - day transfers from the Snapcard wallet for a 0.25 % fee.
Not exact matches
And indeed, Rosneft this week raised some $ 9.4 billion
through the sale of
local currency bonds, at a time when it has no other conceivable use for such a huge pile of cash.
And that's how the
currency devaluation in China can ripple
through the global economic ecosystem to ultimately impact not just how much you pay to watch House of Cards, but the price of a gallon of milk on your
local supermarket shelf.
But, Holmes offered,
through APIs and a tie - in with Ripple, it's possible to move money between far - flung banks without the messaging and delays that stem from working within the traditional T +2 FX markets, which demand forecasting for
local currency needs — creating differences in price between time of trade and time of use.
Through the use of
local currencies, more people shop
local, eat
local, buy
local, and live
local, strengthening the
local economy, and keeping the control of money in everyone's hands.
One of the victims of this risk - off move has been Japanese equities, which, as measured by the TOPIX, is roughly flat for the year to date
through May 1 (in
local currency).
You know Mexico's seen interest rates rise for
local reasons, defending the
currency in the last political you know, stuff going
through in 2016.
Apart from supporting
local farmers, businesses and economies
through modern solutions like blockchain and digital
currencies, the FoodCoin Ecosystem connects people on a personal level that's becoming increasingly uncommon in an indifferent global ecosystem.
According to Vice president Dr. Bawumia, government has chosen a strategic shift and «we want to build a Ghana which looks to the use of its own resources and their proper management as the way to engineer social and economic growth in our country...» For him, a Ghana beyond aid means mobilizing and leveraging domestic savings and revenues transparently; expand financial inclusion with credit services and saving systems for all, especially women; and financing
through local capital markets in
local currencies.
But it is comforting to know that the
local currency exposure should add a long - term incremental return, rather than eat away at the attractive real yield
through depreciation.
The proceeds from the issuance of these bonds can be used by companies to break into foreign markets, or can be converted into the issuing company's
local currency to be used on existing operations
through the use of foreign exchange swap hedges.
For instance, over the 24 months
through 31 January 2018, EM assets delivered cumulative returns of 78.11 % for equities, 31.88 % for
local bonds and 20.21 % for
currencies (as proxied by the MSCI EM index for equities, JPMorgan GBI - EM Global Diversified Composite (Unhedged) index for
local debt and JPMorgan ELMI + Composite for
currencies).
More importantly, investing into Chinese bonds adds diversification benefits to a portfolio
through the exposure to
local rate, credit and
currency.
So if you change
currency at the hotel, airport,
through local merchants or tourist traps on a cash basis, you can be charged more.
Many Pan Asian
local currency bond markets are now made easier for foreign investors to access, particular
through the use of exchange traded products.
As such, the funds are two - thirds invested in sovereign and quasi-sovereign dollar bonds, «and then I look to add alpha
through either corporate bonds,
local currency and on occasion equities,» for a maximum weight of one - third of the fund.
Thus, Chinese bonds do not only provide the portfolio diversification
through the exposure to
local rate, credit and
currency, they would also be a good hedge to the global fixed income portfolio.
What strategy should I take in the future if / when my
local currency starts the strengthen... do I hold my foreign investments
through it and just trust in cost averaging long term, or try sell them off to avoid the devaluation?
When you're abroad, watch out for outfits that try to put a charge
through in dollars instead of the
local currency (google dynamic
currency conversion).
RipplePay, an idea predating cryptocurrency that allows
local communities to have more control over their
currencies, makes sense as an innovative way to send money
through a network of people that users trust.
There are several different ways to get some, including asking for bitcoins as payment for your services or products, exchanging regular money in the form of your
local currency (Euros, Dollars, Pesos, etc.) for bitcoins
through bitcoin service providers, and mining (a process in which bitcoins are extracted and minted with the use of a bitcoin miner software).
To accept Bitcoin
through Stripe, merchants who transact using Bitcoin will automatically be paid in their
local currency.
China also has an online discount store accepting bitcoins, a high level of Bitcoin activity on Taobao, the
local equivalent of Ebay, and a large number of users eager to take up Bitcoin having already gone
through the virtual
currency experience with Q Coin in 2007.
Realizing the gap in the market for a secure
local currency solution, we developed the Colu of today, creating a channel... to build stronger urban economies and tight - knit communities
through localized
currencies.»
For example, it is easy to send someone bitcoin in Myanmar but harder to find more people with Kyat (the
local currency) to exchange for BTC, in order to do that the only way to get Kyat into the system is
through some centralized entity or gateway and which might not exist.
The vital connection to
local liquidity is
through fiat
currency, in order to participate as a market maker in various countries fiat
currency is needed to deposit and exchange with which often means the need to actually be in the country to be a market maker since bank accounts will be needed for those
local currencies.
Users can use available tokens for money remittances or can exchange them for inner MMR tokens
local fiat
currencies through an agent system or use as payment for goods and services.
Users can convert
local fiat
currency into Cryptocash
through the specialized Everex Wallet, and then have the balances held in licensed financial accounts linked to recognized institutions.
3Authority over affairs relating to virtual
currency exchanges has been granted to the FSA and the
Local Finance Bureau by the Prime Minister
through the Payment Services Act and related ordinances.
Once money is converted into bitcoin, the inflation rates of
local fiat
currencies do not affect bitcoin holdings and it can be sent anywhere
through the Internet for free.