Sentences with phrase «national currency»

The phrase "national currency" refers to the money that is used and recognized as legal tender within a particular country. It is the official currency of that country and is accepted for transactions and trade within its borders. Full definition
Central banks play an integral role in market economies by maintaining the stability and credibility of national currencies used in those economies.
Both accounts are USD accounts, and not in national currencies?
You can exchange bitcoin for national currencies as well as altcoins.
Those moves are all the more striking because the dollar has strengthened against virtually every other national currency in the world in that time.
For the vast majority of people, trying to work with national currency exchange rates makes things unnecessarily complex.
After all, gold is no longer the dominant medium of exchange — it has been replaced by national currencies backed by sovereign countries.
The USD has jumped past the Japanese yen once again as the most traded national currency traded with bitcoin core markets.
While cryptocurrency seems like it will become more popular, decentralized networks may never be able to replace national currencies altogether because people are harder to work with than algorithms.
It looks like either this currency will prevail as the only national currency or there will be none.
A cryptocurrency exchange is an online location where users can buy, sell or trade cryptocurrencies for other cryptocurrencies or national currencies too.
The Waves platform aims to bridge the gap between traditional and blockchain - based financial systems, facilitating the trading of national currencies and precious metals such as gold and silver on the blockchain.
Most altcoins do not have markets in national currencies, and instead can only be bought with other digital currencies.
When the dollar (and for that matter all other national currencies) can not be redeemed for either gold or silver, it is inherently «weak» and ultimately worthless.
This one allows you to make trades with national currencies and cryptocurrencies.
Dubious government policies, rising global uncertainties and mistrust on national currencies have worked in unison to hike up the rate of Bitcoin and topple the yellow metal.
Bitcoins are not issued by banks or governments — indeed the Bitcoin platform was designed to offer an alternative to national currencies like the dollar, and commodity - based currencies such as gold or silver coins.
For this reason, Reid stated that there exists a possibility of cryptocurrencies eventually competing against national currencies and the fiat currency system.
If all Eurozone nations collectively give up on the Euro, and it ceases to exist, after a period where national currencies float against the Euro to determine breakup value, that would be a good thing.
The Peoples Bank of China (PBoC) held its 2018 National Currency Gold and Silver Work Video and Telephone Conference on March 28th where it was announced that...
The credit will be automatically converted in accordance with the respective national currency if you do not own an EU account.
The Japanese yen is considered to be the world's most exchanged national currency in Bitcoin, that's why introduction of regulations without any doubts will have a global impact.
Wirex leads the marketplace in providing savvy consumers with the ability to quickly convert stored funds from US dollars, British pounds, Euros, and other national currencies into bitcoin — the transnational cryptocurrency — that has seen explosive global popularity.
Meanwhile, Singapore experimented with an Ethereum - based national currency.
This made it the fourth most widely used national currency in bitcoin trading after the US dollar, the Japanese yen and the euro, according to research website CryptoCompare.
Abra Adds Bitcoin as Official Currency Yesterday, Abra, a Bitcoin - based remittance app that allows users to cash out national currencies via pre-selected Tellers, announced the addition of Bitcoin as a usable currency.
The currency - related fields on site now display member's national currency according to their geolocation.
It has also partnered with a Venezuelan - based digital currency exchange to help boost its use as an everyday currency — while Venezuela's national currency continues to lose value.
The credit will be automatically converted in accordance with the respective national currency if you do not own an UK account.
Cross-border settlements are usually facilitated through national currencies which form the chief medium of exchange.
But in countries like the United States, China, Russia, Singapore and Switzerland, government groups have talked about using blockchains for myriad tasks, like issuing national currency or tracking identity records for citizens and visitors.
Equally, the inclusion of existing national currency denominations such as «cent», «nickel», «dime», «pence», «pound», «kopek» and so on are to be discouraged; this is a worldwide currency.
It's important to note that Bisq does not directly integrate with banks or other national currency payment systems in any way.
The platform will focus on integration of national currencies through compliant gateway operators, allowing users to employ GBP, USD, EUR, CNY and others for Blockchain operations, rather than relying on a native token subject to volatility through changing supply and demand.
As explained in the whitepaper: «Custom tokens operations realized as an attachment to blockchain transactions are very flexible and can be used in a variety of applications, from national currencies transfer over the blockchain to decentralized trading.»
The General Manager of the place at the time happened to be Shawn Owen, now the founder of the Salt Lending, a firm that supports loans denominated in national currencies backed by blockchain assets including bitcoin.
Bitcoin Valuations Now Surpass Many National Currencies In the past two weeks, Bitcoin has registered an unprecedented run in its valuations amidst announcements of launch of Bitcoin futures contracts by CME Group by the year end.
Last year, it said Bitcoin businesses, which included exchanges that turn national currencies into Bitcoin, should be classified as money transmitters.
Gold bugs like Sprott have long warned about the impact of inflation, central bank policy measures and government spending on the value of fiat national currencies.
As the Bank has noted in the past, it seems improbable that privately - established virtual currencies like Bitcoin, with its significant price volatility, could ever displace well - established, low - inflation national currencies in terms of usage within individual economies.
As Venezuela's national currency loses value at a catastrophic rate, thousands have begun turning to the world of cryptocurrency to salvage what little value remains from their increasingly worthless bolivars.
Despite its Wild West atmosphere this relatively new market, which operates outside the tenets of regulated national currencies, is becoming increasingly hard for Wall Street to ignore.
At the moment, the $ PAC team and community are keen to focus on the hyperinflation problems of Venezuela's national currency Bolivar and to help the economic rehabilitation of Cucuta, Colombia.
These premia must do, as I said, with default, with liquidity, but they also have to do more and more with convertibility, with the risk of convertibility [e.g. a country now using the Euro makes the political choice to leave the Euro and issue its own new national currency.

Phrases with «national currency»

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