Sentences with phrase «make use of digital currency»

With this rule, more people can make use of the digital currency within the country thereby bringing a general flow of its use to the country's economy.

Both exchanges and investors make use of digital currency wallets, and projects across the world are investing time and resources into creating secure and convenient solutions for the community's needs.

The Dash team is focused on making the use of the digital currency so simple that even grandmothers would use them.

With this declaration, the IRS have become more involved in all sectors that makes use of digital currencies.

Not exact matches

Rather than try to time the market or buy into the newest blockchain trend, MetaStable looks closely at the real - world use cases of various digital currencies, and aims to make at least decade - long bets on the most «credible candidates,» Seims tells Fortune.

The most obvious way migrants could use blockchain technology to securely store money while traveling would be to convert cash into digital currency, but Soros dismissed the value of cryptocurrency, making clear he believed its primary appeal was «for tax evasion» and «the rulers of dictatorships.»

Russian digital currency - related companies are now seeking to make the use of bitcoin much simpler around the country and this way they are also helping Russians to get more acquainted with bitcoin.

The company offers a suite of products and services which are designed to make it easy for the average consumer or business to use Bitcoin and alternative decentralized digital currencies.

However, it is mandatory for law enforcement agencies to continue their pursuit towards finding digital criminals, and cleaning the bitcoin market, as an effort of making the digital currency be used for its true purpose: decentralized global payments.

The data layer uses the distributed ledger + distributed computing technology to realize the detailed record of the assets issue, consumption, exchange and so on, which makes the digital currencies more transparent, compatible, traceable and no fault - tolerance.

In the meanwhile, we remain committed to being the bridge people use to cross to get to the future of finance, helping people switch between local and digital currencies, and make the entire process as simple as possible.

When you realize that there are networks out there of users that are very geographically dispersed... and they're doing high - frequency, low - value transactions, using a digital currency for those makes a lot of sense.»

While we can sit here and debate the value of things, there is one company that is looking to blend the best of both worlds through the use of a crypto token that is based on real - world assets, but can still take advantage of everything that makes digital currencies so appealing — the blockchain and smart contracts being two examples.

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.

The relatively anonymous nature of digital currencies has made them very attractive to criminals, who may use them for money laundering and other illegal activities.

Partnering with Hub Culture for the transaction using the Ven currency makes history as the first carbon trade to be priced in the Ven digital currency, a statement of leadership we are proud to be a part of» said Dr. Constantine Pagonis of London Carbon Market.

«We've heard about a lot of people that were involved in what used to be a digital currency mock the idea of using it as a currency,» Ver explains talking about how core supporters don't respect that bitcoin was made to be a currency and why he thinks bitcoin cash is the closest to Satoshi Nakamoto's white paper and the true intentions of bitcoin.

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.

While we can sit here and debate the value of things, there is one company that is looking to blend the best of both worlds through the use of a crypto token that is based on real - world assets, but can still take advantage of everything that makes digital currencies so appealing — the blockchain and smart contracts being two examples.

Bitcoin has been a highly discussed new form of currency called digital currency, or «cryptocurrency,» that can be used to make transactions without a bank as a middleman.

In the meanwhile, we remain committed to being the bridge people use to cross to get to the future of finance, helping people switch between local and digital currencies, and make the entire process as simple as possible.

Rather than try to time the market or buy into the newest blockchain trend, MetaStable looks closely at the real - world use cases of various digital currencies, and aims to make at least decade - long bets on the most «credible candidates,» Seims tells Fortune.

«Virtual (or digital) currencies like Bitcoin are being used as a type of money and offer a novel way to make purchases and transact business online.

The CBK's governor, Patrick Njoroge, has been on record issuing a warning in the use and adoption of the digital currency saying that bitcoins operations are done on decentralised systems that could make Kenyans an easy target for online fraudsters.

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).

The DFS highlights three areas of particular concern: ensuring payments are processed quickly to build user confidence that money will not «get stuck in a digital black hole»; ensuring virtual currencies do not become the tool of choice for terrorists, drug smugglers, illegal weapons dealers, money launderers, and human traffickers; making sure that the use of bitcoin as an investment is governed properly.

As the most popular retail exchange (Coinbase) and institutional exchange in the U.S. (GDAX), we want to make it easy for people to use all types of digital currencies.»

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...

WildSpark is the first publicly available product making use of AMP, Synereo's native digital currency.

Unlike fiat currency which use physical value to determine their worth, bitcoin has been born out of the idea of making a digital currency that solely exists on the digital realm.

The fact that the digital currency also uses bitcoin technology means it is quite secure and the unique applications of the network make it quite appealing.

The volatility of bitcoin still makes it somewhat difficult to use the digital currency to make purchases and keep track of the value of your funds at the same time.

Existing and new customers of the bank will, therefore, not be able to make any digital currency - related transactions using its infrastructure.

«This bill makes clarifying changes to current law to ensure that various forms of alternative currency such as digital currency, points, coupons, or other objects of monetary value do not violate the law when those methods are used for the purchase of goods and services or the transmission of payments.»

Crypto - Not - Currency In his annual budget speech today, Union Finance Minister Arun Jaitley once again made clear the government's intention to halt the use of Bitcoin and other cryptocurrencies in India, claiming the South Asian country does not recognize digital currency as legalCurrency In his annual budget speech today, Union Finance Minister Arun Jaitley once again made clear the government's intention to halt the use of Bitcoin and other cryptocurrencies in India, claiming the South Asian country does not recognize digital currency as legalcurrency as legal tender.

Last year, six of the world's largest banks (Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, Mitsubishi UFJ and State Street) joined a project led by UBS to create their own digital currency: a «Utility Settlement Coin» (USC) to streamline payment mechanisms and make it easier in the future for central banks to use crypto - currencies.