5th Nov 2015 11:00:00 UTC: The sixth criterion of the XBP was amended so that the stated and / or actual time for
a majority of fiat currency and bitcoin transfers (whether deposits or withdrawals) must not exceed two business days.
The stated and / or actual time for
a majority of fiat currency and bitcoin transfers (whether deposits or withdrawals) must not exceed two business days.
Not exact matches
Until 2017, the
majority of Wirex customers worldwide enjoyed the fruits
of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for
fiat currencies (USD, EUR, GBP)-- making payments with their Wirex prepaid debit card.
Until 2017, the
majority of Wirex customers worldwide enjoyed the fruits
of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for
fiat currencies (USD, EUR, GBP)-- making payments with their Wirex prepaid debit card.
It is technically possible to accomplish this much the same way as the
majority of bitcoin commercial transactions work in practice: by instantly converting what the merchant receives into
fiat currency, the real money still making this exchange possible.
It should be noted that the vast
majority of terrorist financing, money laundering and drug dealing is conducted in
fiat currencies.
Note that the
majority of cryptocurrency exchanges currently don't allow you to exchange
fiat currency like USD for PAY.
You can rightly point out that the vast
majority of drug deals are still done in
fiat currency, but that still doesn't absolve the aversion.
In an ICO campaign, a percentage
of the cryptocurrency is sold to early supporters
of the project in exchange for
fiat currency or other cryptocurrencies, but usually for ETH as the
majority of the coins are launched on ethereum blockchain as ERC - 20 coins.
«Whether cryptocurrencies are legitimate or not, they are highly, highly volatile,» he said, «far more so than any
fiat currencies, far more so than the overwhelming
majority of shares traded on exchanges.
Maplecoin Even Canada, the country whose
fiat currency is desired by a
majority of Iceland's population, has its own cryptocurrency.