Sentences with phrase «not accepting digital currency»

Not exact matches

Playboy's decision to accept payments in bitcoin and ethereum doesn't do much beside put its brand in the cryptocurrency conversation, and make life a little bit easier for users that prefer to pay with digital currencies.

In 2013, bitcoin's valuation didn't just skyrocket, but its infrastructure, services, and adoption exploded as well, culminating in recent announcements that major online retailer Overstock.com and NBA team the Sacramento Kings would accept the digital currency as payment.

By enabling bitcoin payments for gift cards, the Gyft - BitPay partnership essentially opens the door to let bitcoin fans indirectly spend the digital currency at numerous stores that don't currently accept bitcoins themselves.

While Bitcoin represents a great currency for trading, there aren't too many platforms that accept the digital currency as market trading collateral.

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

The Bank of Israel and the ministry stress that digital currencies are not legal tender, nor are they issued or backed by a central bank, which means there is not legal requirement for anyone to accept or exchange them.

They decided to start accepting bitcoin to reach the growing digital currency user base in the UK (the United States and other restricted countries are not included).

Not only is the University of Nicosia now accepting Bitcoin is payment for tuition fees, but it is also launching the first Master of Science Degree in Digital Currency in Spring 2014.

According to cryptocurrency superintendent Carlos Vargas, the government will accept hard currency or other cryptocurrencies in exchange for the oil - backed digital asset, but not bolivars.

The proposal defines «virtual currencies» as a digital representation of value that can be digitally transferred, stored or traded and accepted by natural or legal persons as a medium of exchange, but does not have legal tender status.

By enabling bitcoin payments for gift cards, the Gyft - BitPay partnership essentially opens the door to let bitcoin fans indirectly spend the digital currency at numerous stores that don't currently accept bitcoins themselves.

Coinbase has spent much of this week in the weeds over its decision not to accept the newly minted digital currency bitcoin cash.

Also read: Bitcoin in Business: Why don't most Businesses Accept Digital Currency?

While there are still not many businesses accepting bitcoin in Taiwan so far - with most users seeing it as an investment - BitoEX plans to promote the use of digital currency by opening up its API and holding a hackathon to develop new use cases.

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Snoop Dogg's representatives later said in an interview that he was not serious about accepting bitcoin, but the news brought waves of attention to the digital currency by the general public.

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Not only is this a joyous occasion, but the team also managed to add a significant food location to their list of Bitcoin merchants, as none other than Burger King Arnhem is now accepting digital currency payments.

No Central Bank will accept digital currency as a substitute for its national currency or part of its monetary system when it is not able to control it.

India has not started accepting any digital currency, But looking at the frequent rise and acceptance by most developed countries, we can say Bitcoin will go long.

I think we are in the belief that Bitcoin is Bitcoin, in other words... it does not have to be a super perfect technological specimen for it to have its value, we believe due to that fact that IT IS Bitcoin makes it have its value and people accept and want Bitcoin, so even if my transaction takes one minute longer than another technology, etc I don't care because, as far as the digital currency world and payments... it's the one and only «Bitcoin» which people have come to trust, does that make sense and do you agree?

Though it's not technically money (the IRS has declared bitcoin property rather than currency), a growing number of retailers now accept the digital coins alongside traditional payment methods.

The exchange doesn't accept any fiat currencies, and it is exclusively available for transferring funds between cryptocurrencies and digital currencies.

However, I don't find anything wrong in this, apparently its good that people are becoming aware of digital currencies and accepting it.

Jonathan Johnson, chairman of the board at Overstock, has said it is «crazy» that more retailers are not accepting Bitcoin as his company continues to see growth in digital currency transactions in their store.

it is «crazy» that more retailers are not accepting Bitcoin as his company continues to see growth in digital currency transactions in their store.

In India, Finance Minister Arun Jaitley's clear statement that digital currencies would not be accepted as legal tender in the country helped throw a wet blanket on cryptocurrency enthusiasm in the country — which has served as a FUD (Fear, Uncertainty, and Doubt) hotspot at times.

If a merchant accepts payments in crypto, they run the risk that if the value of the digital currency suddenly falls they would not be able to pay bills, suppliers, and employees since these expenses are in fiat currencies.

Very select merchants only accept Bitcoin payments for certain items, making them unavailable to potential customers who do not own digital currency.

If you can't find physical or online stores that accept bitcoin directly for the item (s) you require, the easiest way to turn your digital currency into «real - world» goods and services is via