Sentences with phrase «of digital money as»

An unified tax strategy has not yet been finalised by the government as the panelists could not reach a joint consensus regarding the consideration of digital money as an asset or currency.

Not exact matches

The app is marketed as a digital wallet that would allow users to store cryptocurrencies independently of an exchange, meaning users can access their money if things go wrong at the exchange.

As Ryan Selkis of the Digital Currency Group tweeted, blockchain is friendlier to business and innovation («I want to make money / follow rules») while bitcoin suggests obsession and perhaps delusion («I'm fighting a holy war»).

But as it and other digital «cryptocurrencies» have evolved, along with the public ledger system that makes up the blockchain, much of the bitcoin economy has been increasingly overtaken by big money — or by entrepreneurial prospectors who want to grab a piece of the bubblicious ICO phenomenon.

You can't expect to scale your efforts of earning money online or as a digital nomad from anywhere in the world, if you're not sending out emails.

The world's most glamorous industry is getting a digital overhaul as investors pour money into a wave of fashion - tech startups.

Obviously, as print continues to drop, digital will become an even larger part of the Times «business than it already is (it accounts for about 42 % of advertising revenue and about 25 % of subscription revenue), and the amount of money being lost on print every quarter will therefore continue to shrink.

While digital money was once seen as the province of cranks and computers geeks, it's now so mainstream that investors see it as a new asset class and are creating hundred million dollar hedge funds to acquire it.

As the owner of the largest Internet search engine and digital ad network, Google stands to make more money if more people can get online.

Currently corporate taxes are paid where firms have a physical presence, which allows digital multinationals to book most of their profits where they have set up headquarters as opposed to where they make their money.

Dozens of funds have sprouted up this year to trade digital assets such as bitcoin, and some big - name money managers like Bill Miller and Michael Novogratz have also taken an interest.

That's a significant leap and highlights why many see digital advertising as a two - pony show, with Facebook and Google taking most of the money while other platforms like Twitter and Snapchat fight publishers for the scraps.

«The reason ripple is surging so much is it's a bubble,» said Erik Voorhees, CEO of digital asset exchange ShapeShift and a vocal advocate for bitcoin as a way to separate money and the state.

People in cryptocurrency circles refer to such events — when a new piece of digital money is distributed out of thin air — as an «air drop.»

If it happens this time, the new Apple product would compete with offerings from big U.S. banks as well as PayPal, its millennial - popular subsidiary Venmo, as well as Square Cash in the increasingly competitive world of digital money - transfers.

Think of Bitcoin, they say, as digital gold — a so - called «store of value» that, like the precious metal itself, doesn't need to have a lot of practical uses to be worth a lot of money.

The continuing rise of Super PAC money is one factor, but so is the expanding pool of places to advertise, as more candidate dip their toes in the digital - ad pool.

The Dec. 20 sentencing of Charlie Shrem, one of the digital currency's most vocal cheerleaders as vice-chairman of the Bitcoin Foundation and chief executive of an exchange called BitInstant, to two years in prison for illegal money transfers doesn't help.

Here's one of the more challenging parts of this to grasp: when we're talking about digital currency such as Bitcoin, there's no repository of coins — that line item in the record book is the money.

While government efforts to come to grips with digital money have been fraught, the more important trend may be the growing number of money managers who are looking at cryptocurrencies as an asset class for investment.

Bitcoin: I no longer think it can be defined as a digital currency, but instead as a digital asset we can use to increase the value of our money.

The finance ministry had published an earlier draft of the latter bill on its website in January 2018, and noted that the central bank took exception to a provision that would allow decentralized cryptocurrencies to be traded on exchanges for other digital assets as well as for fiat money.

So, it's not totally clear whether Ether is a security, but with people pouring record amounts of money into the digital asset, there's good reason to believe that it's been regarded as an investment.

While cryptographically - secured digital money was a significant milestone in the evolution of pecuniary technologies, it remained «incomplete without a way to prevent double - spending,» as penned in the Bitcoin whitepaper.

The second, HB0070, effectively removes cryptocurrency («utility tokens») from underneath an umbrella of classification that had digital currency pegged as «money» or as a monetary «security.»

Of course there a stipulation to this, as customers can only use bitcoin to load money into a Microsoft wallet or create digital gift cards.

Yet, the facts, as laid down in his own Treasury's report had stressed that «risks of digital currency used for money laundering to be relatively low».

An ICO typically involves selling a new digital currency at a discount — or a «token» — as part of a way for a company to raise money.

Take a gander at some of the latest stories: Also read: Hullcoin Leads This Week's Digital Currency News KRAKEN It's a week of investments for cryptocurrencies as Bitcoin exchange Kraken received a hefty sum during its Series B stage of financing from Money Partners Group in Tokyo, one of

They argue that it is best designed to serve as a sort of scarce commodity, like digital gold, allowing people to keep their money outside the control of governments and companies.

Bitcoins are a new type of money, known as digital currency, designed for the Internet era.

«Our BOSS Revolution international money transfer business routinely utilizes digital assets to generate liquidity in fiat currencies for our disbursement agents as part of our transaction settlement process,» said Alfredo O'Hagan, senior vice president of IDT's consumer payments business.

As part of their mission, they set out to create digital money that would be as anonymous as physical casAs part of their mission, they set out to create digital money that would be as anonymous as physical casas anonymous as physical casas physical cash.

««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.

«Private digital tokens masquerading as currencies must not subvert this trust,» the BIS chief declared, in part because they could threaten to impact the «real value» of money.

We examined its strategy to dominate digital money and the broader financial services space, as well as the many competitors that are also vying for a share of the pie.

After being celebrated by some as the future of money in a digital age, the virtual «peer - to - peer crypto currency» known as Bitcoin has taken some serious hits in the past week or so.

Within the digital foreign money realm, occasions that occurred a number of years in the past could as properly have been eons in the past when it comes to the progress that has been made because the introduction of Bitcoin in 2007.

Or, you could simply bite the bullet, as we Americans say, and install a new piece of software and continue making decent money mining a digital currency.

Amidst growing fear of Bitcoin and other digital currencies being used for illegal purposes, such as money laundering, the Europol has recently set up a group meant to combat the process with the help of bitcoin.

Reports that Iran developed its own blockchain - based cryptocurrency also garnered some attention, as the news came just days after the country's central bank banned bitcoin trading amid escalating concerns on money - laundering and volatility of such digital coins.

The successes of Bitcoin as the primary mainstream digital foreign money have additionally highlighted its shortcomings.

As the user of a digital currency, you fall under their customer base — and if the platform goes under, then your money goes with it.

U.S. senators scheduled a hearing to discuss the future of the digital money and other virtual currencies, as well, to be certain.

Thereafter, he offered his Litecoin in order that he may act extra freely as a champion for the digital foreign money he based and never be accused of pumping and dumping.

Classifying the current digital generation as «asset light» which frees space, time and money, top venture capitalist Mary Meeker in her latest report said this cycle of tech disruption is materially faster and broader than prior cycles.

Once this work is complete, the «last mile» problem of getting cash from digital payments into the hands of the unbanked will begin to be solved, and sending money to anyone, anywhere in the world will be as easy and inexpensive as sending a text message.

As stated within the budget, «from 1 July 2017, purchases of digital currency will no longer be subject to the GST, allowing digital currencies to be treated just like money for GST purposes.»

Plaintiffs are seeking the return of money given during the company's fundraiser, in part because they never received the digital tokens (known as Tezzies) that they believe their investments entitle them to.

Digital currency or digital money is an Internet - based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer - of - ownDigital currency or digital money is an Internet - based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer - of - owndigital money is an Internet - based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer - of - ownership.