Sentences with phrase «national currency if»

The credit will be automatically converted in accordance with the respective national currency if you do not own an UK account.

Not exact matches

People think that if there are rival currency groupings and national currencies are going bust, we might as well use gold as a safe haven.

Whenever investors or companies have assets or business operations across national borders, they face currency risk if their positions are not hedged.

The National Bank of Greece study was published Tuesday as Greece heads to new general elections on June 17, amid Europe - wide concern of broader financial turmoil if Greece's place in the single currency is threatened by a victory for an anti-austerity party.

In a November speech, Bank of Canada Senior Deputy Governor Carolyn Wilkins warned, «As we think about alternative futures, we have to envision a world in which people mostly use e-money, perhaps even one that's not denominated in a national currency, such as Bitcoin», adding that «If we don't start now to find new approaches to handle these and other alternative futures, we won't be prepared for whatever comes our way».

If you are willing to deposit or withdraw fiat funds (USD, EUR, GBP or any other national currency), you will then need to complete verification.

However, it held that American entities who generate «virtual currency» such as bitcoins are money transmitters or MSBs if they sell their generated currency for national currency:»... a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter.»

This specifically extends to «miners» of the bitcoin currency who may have to register as MSBs and abide by the legal requirements of being a money transmitter if they sell their generated bitcoins for national currency and are within the United States.

enezuela has offered India a 30 - percent discount on crude oil purchases, but only if India agrees to pay in El Petro, the cryptocurrency that Venezuela is touting as the first national digital currency backed by crude oil reserves.

If governments look to create national digital currency we'd be very happy to look at those in a more favourable way [compared with existing cryptocurrencies].

A member of the strict guidelines MasterCard Ari Sarker, said that if governments want to create a national cryptocurrency, happy to look at a more profitable method compared to crypto currency in General].

State departments are concerned about the country's national currency, the tenge, and whether it could lose stability if customers regularly choose to trade it in for crypto.

If inflation or other disaster strikes the national currency, the local currency may still function to facilitate the exchange of goods and services.

He also warned that Salmond's plans to refuse to pay Scotland's share of the national debt if Westminster rejected a currency union would be viewed as a default by credit rating agencies.

In other words, in the medium term an imperfect monetary union would have pushed further the process of European integration, if only because of the need to secure the sustainability of the monetary union itself, and because of the eventual economic and symbolic costs of reverting to national currencies.

And if the markets continue to turn against the euro, does Labour have any ideas for an orderly restoration of national currencies?

This dollar buying also increases the number of USD in its own central bank, and that increases the «national value» of Canada, which increases the value of its own currency; however it can mitigate this, if it wishes to have a cheaper currency than the USD, by simply printing more.

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.

A loan broker shall comply with the provisions of the federal Gramm - Leach - Bliley Act, 15 United States Code, Section 6801 et seq. (1999) and the applicable implementing federal Privacy of Consumer Information regulations, as adopted by the Office of the Comptroller of the Currency, 12 Code of Federal Regulations, Part 40 (2001); the Board of Governors of the Federal Reserve System, 12 Code of Federal Regulations, Part 216 (2001); the Federal Deposit Insurance Corporation, 12 Code of Federal Regulations, Part 332 (2001); the Office of Thrift Supervision, 12 Code of Federal Regulations, Part 573 (2001); the National Credit Union Administration, 12 Code of Federal Regulations, Part 716 (2001); the Federal Trade Commission, 16 Code of Federal Regulations, Part 313 (2001); or the Securities and Exchange Commission, 17 Code of Federal Regulations, Part 248 (2001), if the loan broker is a financial institution as defined in those regulations.

Reception, currency exchange, free Wi - Fi Internet connection, air conditioning and heating, computer / printer, booking service for local restaurants, tourist attractions, excursions, wake - up call, laundry service, national and international newspapers, late checkout (if possible), bike rental, car rental, outdoor guide, baby push chair, baby sitting (charged), massage services (charged), room service

• All our prices are in US dollars (we will convert to pesos if you would like to pay in national currency).

There are only two fundamental differences between bitcoin and national currencies: (1) bitcoin is issued by an algorithm rather than a central bank so predictable machines rather than arbitrary humans control the «printing» and the total amount of bitcoin; (2) creditors can sue you if you present bitcoin to settle a debt denominated in national currency but if you present the currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in currency but if you present the currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in the US).

The following questions have been referred to the European Court of Justice: (i) «If a European Union citizen, present in a Member State of which she is not a national, was, prior to the transposition of Council Directive (EC) 2004/38, the holder of a residence permit validly issued pursuant to art 4 (2) of Council Directive (EEC) 68/360, but was for a period of time during the currency of the permit voluntarily unemployed, not self - sufficient and outside the qualifications for the issue of such a permit, did that person by reason only of her possession of the permit, remain during that time someone who «resided legally» in the host Member State for the purpose of later acquiring a permanent right of residence under art 16 (1) of Directive 2004/38»

Storing value in national currencies exposes you to the risk of inflation or a currency collapse, but Bitcoin may actually gain value if there is a currency crisis or economic depression.

«If governments look to create national digital currency we'd be very happy to look at those in a more favorable way [compared with existing cryptocurrencies],»

If this happened to a national currency, like the Israeli shekel, Buterin argued even temporary drops could spark local market crashes or a recession.

If a user's national currency is weak, they could connect to BTCJam and borrow money denominated in a more stable currency.

In the report, they explore how «non-state» actors might employ the use of virtual currency technology to their advantage, and how nation - states might respond if such use of virtual currency becomes a threat to national security.

A member of the Swiss National Bank's governing body said Thursday that central bank digital currencies (CBDC), if created, would pose risks to financial stability while offering few tangible benefits.

Most recently, ABC News, a national news service in Australia produced by the Australian Broadcasting Corporation, reported that it is possible for Bitcoin to replace reserve currencies such as the US dollar in the next 10 years if it sustains its current exponential growth.

National Bank of Australia (NAB) has taken a more cautionary tone, with a representative stating that «[the Australian Securities and Investments Commission] advises that, as most of the virtual currency exchange platforms are generally not regulated, customers may not be protected or have any legal recourse if the platform fails or is hacked.»

Similarly, if a user wants to buy bitcoin using a national currency, they would make a deposit to the exchange in their currency and then use that positive balance to buy bitcoin from whoever is selling at the current rate of exchange.

For example, if Venezuela decided to adopt Bitcoin as their national currency, the demand spike would overload the capacity of the existing network.

The status of Bitcoin exchange is still contentious, as the Thai central bank now argues that Bitcoin exchange might be illegal because, if combined with foreign Bitcoin exchanges, it makes it too easy to bypass foreign exchange restrictions and convert Thai baht into other national currencies, but nevertheless substantial progress has been made.

«If governments look to create national digital currency we'd be very happy to look at those in a more favorable way [compared with existing decentralized cryptocurrencies].»