Sentences with phrase «of electronic currency»

Bitcoin is a type of electronic currency, and it exists solely in that form.

I would start with that and then allow it to grow over time with the increased acceptance of electronic currency.»

Over the past decade or so, there have been dozens of attempts to create a new kind of electronic currency that people could use for online transactions — there was CyberCash and DigiCash, and even smaller startups with bizarre names like Beenz and Flooz.

Bitcoin solves the «double spending problem» of electronic currencies (in which digital assets can easily be copied and re-used) through an ingenious combination of cryptography and economic incentives.

The arrival of electronic currencies could revolutionize the way Britons pay for goods and services, in much the same way as the internet shook up how we access information, the Bank of England has said.

There is currently no regulation of these electronic currencies, which puts them into the highest risk category in relation to money laundering.

Not exact matches

This includes the power to accept all forms of electronic payments from credit cards, eCash, electronic checks, Bitcoins, and any foreign currency.

TRENTON — There's an effort in the New Jersey Legislature to put the state at the forefront of a growing new electronic industry: digital currency.

The People's Bank of China is currently developing a digital currency, known as the DCEP, or Digital Currency (for) Electronic Payment, according to a report from the Beijing Youtcurrency, known as the DCEP, or Digital Currency (for) Electronic Payment, according to a report from the Beijing YoutCurrency (for) Electronic Payment, according to a report from the Beijing Youth Daily.

Although the Swell keynote delivered by Bernanke was filmed for private use only, some of his remarks regarding blockchain and cryptocurrency applications for interbank transfers have been reported: «It's an obvious area where new technologies like blockchain or these electronic currencies can be used to improve the process.»

Bitcoin is actually more than just currency, but it's first application was a system of electronic cash that is decentralized (not owned by anyone or any one government or organization).

It's unclear if the body is leading the recently - announced development of the Digital Currency (for) Electronic Payment at the PBoC.

The National Bank of Hungary issued a warning to its citizens about the potential dangers of virtual currencies on 19th February, calling the payment method «much riskier» than other electronic payment options such as credit cards.

currencies are currently a small part of the electronic payments landscape but have the potential to

Shown here are the main processor board and daughter board of the device (all the major and minor electronic components of the device) compared to two pieces of US currency.

Bitcoin is an electronic form of currency or simply put, it can best be described as a «digital dollar».

The confidence in Bitcoin may break as a result of unexpected changes such as: unfavorable legal regulations, banning electronic legal tenders, introducing the prohibition on trading in virtual currency in specific areas, imposing high taxes, creating competitive alternative currencies, deflation, and other factors which may significantly affect the shaping of the exchange rate of Bitcoin against other currencies.

Virtual currency is a form of electronic money, not issued by any monetary authority, but which has an equivalent value in real money.

To the surprise of nobody, billionaire investor Warren Buffett isn't interested in bitcoin, the electronic currency that has zoomed higher in value over the past few weeks.

Also, if this is the case, that Bitcoin should be treated as electronic currency, then the cap for transaction of $ 2,500 holds to it too.

In examples that appear to be modelled after the ill - fated e-Gold service, FinCEN describes the typical activities of these types of entity as the electronic distribution of digital certificates of ownership of real currencies or precious metals.»

However, in the framework of prevention activities for the legalization of incomes, received by criminal way and financing of terrorism and financing of proliferation of weapons of mass destruction, banks will have to identify suspicious financial transactions of customers that can be associated with buying and selling tokens for Belarusian rubles, foreign currency and electronic money.

These crypto entrepreneurs, visualize the island of Puerto Rico as a starting point for an economy based on electronic currencies and related services.

E-money is an electronic component of fiat currency systems, and still trades in familiar units such as dollars, euros, pesos, or yen.

So when you go to financial repression rather than us pulling our money out of the system and hoarding it, they would force us to use an electronic currency which they can control.

On Tuesday Dec. 5, Bank of America Corporation, which noted the currency's «clear potential for growth», was awarded a patent on an electronic currency exchange called a «cryptocurrency transformation system.»

In November 2016, the IDFPR published its request for comments on its proposed «Digital Currency Regulatory Guidance,» which defined digital currencies as «an electronic medium of exchange used to purchase goods and services.»

As used herein, «Digital Currency» means a digital asset (also called a «cryptocurrency,» «virtual currency»), such as, but not limited, bitcoin or ether, which is based on a cryptographic protocol (s) of an electronic system that may be (i) centralized or decentralized, (ii) proprietary or open - source, and (iii) used as a medium of exchange and / or store oCurrency» means a digital asset (also called a «cryptocurrency,» «virtual currency»), such as, but not limited, bitcoin or ether, which is based on a cryptographic protocol (s) of an electronic system that may be (i) centralized or decentralized, (ii) proprietary or open - source, and (iii) used as a medium of exchange and / or store ocurrency»), such as, but not limited, bitcoin or ether, which is based on a cryptographic protocol (s) of an electronic system that may be (i) centralized or decentralized, (ii) proprietary or open - source, and (iii) used as a medium of exchange and / or store of value.

In fact, paper currencies and instruments (or electronic ink on paper) probably have more «believers» than all of the religions in the world combined.

In a letter submitted to the Australian Senate Economics Committee, the payment - card brand argued that all payments - system participants should be regulated in the same way, and said «consumer protection, anti-money laundering, counter-terrorist financing and payments system stability should be cornerstones of any regulation of electronic payments — including digital currencies.»

The KCC is giving the violators 30 days to become compliant, and it pledged to officially offer guidance on «internal management plans, including safe management plans, related to the management of virtual currency electronic wallets and cryptographic keys and the transmission of virtual currency transactions.»

Led by MIT chemical engineering professor Patrick Doyle and Lincoln Laboratory technical staff member Albert Swiston, the researchers have invented a new type of tiny, smartphone - readable particle that they believe could be deployed to help authenticate currency, electronic parts, and luxury goods, among other products.

Examples of gambling: Currency Trading of Futures and Options (except hedging), Commodity Futures and Options Trading (except hedging), All Lotteries, and Casino games such as cards, table games, or electronic games.

MGAM is a supplier of interactive systems, server - based gaming systems, interactive electronic games, player terminals, stand - alone player terminals, video lottery terminals, electronic scratch ticket systems, electronic instant lottery systems, player tracking systems, casino cash management systems, slot accounting systems, slot accounting systems, slot management systems, unified currencies and electronic and paper bingo systems for Native American, racetrack casino, casino, charity and commercial bingo, sweepstakes, lottery and video lottery markets and provide support and services and operations support for MGAM's customers and products.

OANDA is electronically connected to numerous global banks to access the best currency rates for its forex traders, and electronic algorithms on OANDA's fxTrade servers update exchange rates tick - by - tick, in periods of less than a second.

Cryptocurrencies, also known as virtual currencies or digital currencies, are a form of electronic money.

Which inevitably invokes a much deeper fear, of the same intangibility inherent in our fiat currencies, our fiscal obeisance to governments who seem dead - set on printing & spending their way into oblivion, the fragility of our financial assets & markets (which now exist only as electronic blips on hackable centralised repositories), and our economic future & security itself.

These types of banks can accept electronic transfers in foreign currency and from foreign banks, which will make your life overseas a lot easier.

On the other hand, gold is most certainly a hedge against the electronic creation of currency, as Gold ETFs have soared on every whiff of QE moves by the Fed.

Electronic payment transactions and items such as purchases for cashier's checks, certificates of deposit or foreign currency;

With the help of trading indicators electronic currency traders try to predict the behavior of the fluctuations of the currency pair that is being traded.

As the real time Forex trading is totally electronic it means that the speeds of execution of the transactions are very fast, and this allows the trader to buy and sell quickly enough with the help of analysis to predict movements in the currency pairs that are based on fundamental and technical trading indicators.

It is a useful electronic tool that allows converting currency in a quick and simple way into another currency, using the up - to - date exchange rates of different countries around the world.

Facilities an services: An impressive swimming pool with children's zone, Jacuzzi, medical centre, massage, two pool bars, lobby bar, hairdresser's, souvenir shop, non stop supermarket, salon with electronic games, currency exchange, safety deposit boxes at reception, Additional: The large restaurant offers eating at the buffet; a «la carte which has comfortable terraces with views of the sea.

A recurring motif in Motti's work is paper currency, which the artist uses as a symbol for the ambiguous materials behind the power structures of Western civilization and in reference to the European Union's press to eliminate the use of paper cash in favor of electronic money.

With money leaving local economies across Ireland to service debt and significant drops in local authority revenues, towns such as Dundalk, Ennis and Kilkenny are investigating the possibility of bringing in electronic currencies to keep money circulating locally, as Richard Douthwaite reveals.

Prepared and managed covered business method review challenges on behalf of eBay and PayPal, in which the PTAB invalidated 40 challenged claims of three patents relating to electronic currency transactions.

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Cryptocurrency: Person - to - Person Electronic money, based on the principles of cryptography to validate transactions and the generation of the currency itself.

Another question found that many users now view bitcoin as less of a «digital currency» (like its creator Satoshi Nakamoto seemingly described in the «Bitcoin: A Peer - to - Peer Electronic Cash System» white paper), and more of a «digital gold» (seemingly used more for value storage and investment).