Sentences with phrase «made by digital currency»

Moiseev said that he expects pending legislation on cryptocurrencies will involve a ban on payments made by digital currency.

Not exact matches

Unregulated digital entities, created by just about anyone out of nothing, that assume some value denominated in fiat currency simple because they're being traded between anonymous people or bots whose only desire is to make prices go up, on unregulated opaque exchanges where everyone thinks price manipulation is good as long as it pushes up the price....
At the moment when a pledge is made, the Bitcoin is converted into the relevant currency using rates established by the Melbourne - based Bitcoin digital wallet CoinJar.
«In uses that involve a financial transaction, it makes sense to use bitcoin or some other digital currency for the same reason — by doing so, transactions can be automated and guaranteed without recourse to third parties, such as a bank.»
Unlike oil, gold or corn, with digital currencies, there's no «there» there — no physical stuff, or even made - up stuff backed by anyone or anything.
They make it possible to raise funds by minting a new digital currency while bringing your launch story to a wide audience.
BCH, considered as the true remaining Bitcoin as intended by the Satoshi Nakamoto white paper, currently leads the race among digital currencies wishing to become a true competitor against both PayPal and Visa for making payments.
Venezuela President Nicolas Maduro's aim with the digital «petro» currency is to make financial transactions and circumvent sanctions placed by other Western countries including the U.S..
Relatedly, Yifei discussed further efforts being made by China to «strengthen the management» of gold and silver, improve anti-counterfeit currency work, and develop its central bank digital currency (CBDC), which Yifei «steadily promoted,» according to an official press release.
«The wild fluctuations of the digital currencies along with competitive business activities underway via network marketing and pyramid scheme have made the market of these currencies highly unreliable and risky,» the central bank was quoted as saying in a Farsi report by the Iran newspaper's website.
The Platforms» website makes both traditional and digital currency trading more accessible by providing «zero commission trading» to its customers.
The Platforms» website makes both traditional and digital currency trading more accessible by providing ``
But it said some forms of digital innovation could help by making trading in stocks and currencies more efficient.
That's the cliche slogan for so many digital currencies, perhaps made most famous not by Bitcoin, but -LSB-...]
Earlier this year, I wrote an article (Bitcoin is the Dumbest Investment Ever) lambasting the digital currency and its minions (which I still stand by) but being the hypocrite that I am, I could see the room for further bubble expansion and figured, «why not jump on this wave and make a few bucks during this euphoric rise».
Digital currencies fulfill this potential by allowing people to make international transactions, for example, without the barrier of national currencies.
cryptography world and cryptocurrenciesA cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography.
Bitcoin's pace of growth — plus the mere fact that as a digital currency it is not backed by a government or an army — makes more than a few analysts worry that this craze is due for another crash.
Yao's remarks align with statements made by other executives from China's central bank around its potential use of blockchain technology, including developing a state digital currency.
The nation then made use of its Great Firewall of China to dam any entry to all crypto websites as a option to «prevent financial risks» brought on by digital currencies.
When a transaction is made with a decentralized digital currency, it has to be verified by the blockchain in order to be confirmed.
Another way to make money by working with digital currencies is buying shares of companies and trusts that own these currencies.
This unprecedented move by the Italian government and financial institutions makes Italy quite favorable for setting up digital currency operations.
The Price is Right As reported by Bloomberg, Soros Fund Management's Adam Fisher has received internal approval to trade digital currencies, though insiders claim no trades have yet been made.
While cryptocurrency users who value the relative decentralization and privacy afforded by digital currencies won't be happy, Coinbase succeeded in limiting the government's initial request for information on all Coinbase users who made transactions from 2013 to 2015 to the smaller subset of high - value users.
I would love to have a dozen digital currencies listed by the end of the year, that's the right long - term strategy, but it's about making sure we do that safely and deliberately,» he said.
Sjors has already had a tremendous impact on the way millions of people use digital currencies, but I'm excited to see him continue making that impact, across an even greater user base by shifting his focus to the protocols themselves.
BCH, considered as the true remaining Bitcoin as intended by the Satoshi Nakamoto white paper, currently leads the race among digital currencies wishing to become a true competitor against both PayPal and Visa for making payments.
These announcements of BCC integration was made just hours after the trading volumes of Bitcoin Cash reached a record high of $ 4.4 billion within a 24 hours» time frame which is also the highest level ever reached by any of its digital currency alternatives.
As per recent announcement made by the bank, its customers can start transacting in digital currencies from 22nd August onwards.
Since ethereum classic is essentially a clone of the digital currency, ether holders can now make money by making an account on the ethereum classic version of the blockchain and duplicating their balance.
And the latest announcement made by officials indicating at drafting of brand new laws for bringing the crypto sphere under its purview which is all set to become a reality by end of this fall has added to the digital currency's diamond lustre.
Digital currencies, such as bitcoin, are largely self - regulated and not backed by a central bank, making them popular as an alternative to fiat currency.
What's more, Bitcoin and other digital currencies like it are protected from hacking and other cyberattacks by its blockchain, which encrypts every single transaction to keep the currency, and payments made with it, safe and secure — at least in theory.
Coinbase has made it clear they want to support many more digital currencies in the future, so in one sense it should be expected that the've added the third largest currency by market cap.
The digital currency, which has seen less adoption than bitcoin but seems to be quickly making progress, rose to an all - time high of $ 21.40 at 05:00 UTC on 17th June, but fell more than 50 % to $ 10.00 by 16:00 UTC the next day.
Chinese online retail giant Alibaba has filed a lawsuit against a firm based in Dubai accusing it of causing confusion by making use of its trademarked name and brand to raise over $ 3.5 million in an Initial Coin Offering of a digital currency called Alibabacoin (ABBC).
Founded in Singapore in 2015, TenX is developing its applications to make digital currency spendable anytime anywhere by offering a debit card payment system.
Lee also sees Bitcoin rising to $ 25,000 by 2022 and his bullish view on the currency is «premised on expanded acceptance of digital currencies (as payment platforms), and ultimately broader adoption as a «store of value» (digital currencies have a lot of characteristics that make gold attractive).»
President Donald Trump's administration issued an executive order on Monday that essentially bans «any transactions within the United States involving any digital currency issued by, for, or on behalf of the Government of Venezuela,» effectively making it illegal to purchase or use the oil - backed Petro cryptocurrency...
Bitcoin ultimately made its first appearance in 2009, bringing together the classic idea of the mutual distributed ledger, the blockchain, with an entirely digital currency that wasn't controlled by any one individual or organization.
When you take into consideration that this digital currency is being supported by DOGE communities and increasing number of supporters and fans, adding the fact that along all that time DogeCoin remained stable and survived, making it to the top 50 to 40 digital currencies currently active on the cryptocurrency market.
Digital currency, however, can not be traced by design, which makes it impossible to know who really was behind the hacks.
Bitcoin, and its sibling cryptocurrencies, have continued to capture the imagination, and indeed the headlines, with fortunes being made — and lost — on an ongoing basis as traditional fiat currency is challenged by these new digital assets.
The billionaire founder of the Ayre Group and the Bodog entertainment brand, Calvin Ayre, is reportedly building a $ 100 million five - star resort on Antigua's Valley Church beach — funded entirely by profits made from investments in digital currencies.
New details of the digital currency conference in Beijing are revealed in an official statement made by People's Bank of China (PBOC).
A «Novel and Exciting Concept» The billionaire founder of the Ayre Group and the Bodog entertainment brand, Calvin Ayre, is reportedly building a $ 100 million five - star resort on Antigua's Valley Church beach — funded entirely by profits made from investments in digital currencies.
The Governor of the central bank made it clear during the congress that digital currency is inevitable and have a higher likelihood to replace paper money as reported by Bloomberg.
To make it simple, it is by far safer to keep your digital currency on hardware wallets such as Trezor, than on any desktop or mobile wallet or the worst case scenario on exchanges.
Then again, it could make more sense to introduce such a national digital currency as a substitute for Bitcoin, once Bitcoin is effectively banned, as suggested by ZeroHedge.
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