Sentences with phrase «on legal tender»

Supreme Court relies on legal tender laws saying that Congress could define money as it chose.

Not exact matches

View on bitcoin: Not legal tender.
The company would have to file a notice with the regulatory department; pay a registration fee of $ 250; provide evidence of registration with FinCEN as a money services business; agree to not invest or pledge virtual currency in its custody or control on behalf of others or to engage in the exchange or transfer of legal tender; and prove its policies for reporting, disclosures, and compliance.
The watchdog based its decision on the fact that it does not consider digital currencies to be a substitute for money, as they are not legal tender in the country.
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.
On February 25, 1862, the Greenbacks were made legal tender for all public and private debts, replacing the Treasury notes that had been redeemable in coin since 1812.
On 5 December 2013, the People's Bank of China announced in a press release regarding bitcoin regulation that whilst individuals in China are permitted to freely trade and exchange bitcoins as a commodity, it is prohibited for Chinese financial banks to operate using bitcoins or for bitcoins to be used as legal tender currency, and that entities dealing with bitcoins must track and report suspicious activity to prevent money laundering.
Japan just on April 1st made Bitcoin legal tender, you know as good as the yen in the country, so think of that impact.
Giancola notes that this already happens on a daily basis with legal tender, thus banning cryptocurrencies would do little to mitigate these problems.
All Australian banknotes have This Australian note is legal tender throughout Australia and its territories, or something similar printed on them.
Told with the charm and innocence of a child, Millions looks at the effect large sums of legal tender can have on people, both the givers and receivers.
The fact that Jeep offers this as a real package, available to consumers who purchase it with legal tender, must baffle car shoppers on both sides of the ocean.
The U.S. Treasury said the same thing on the lawfulness of retailers refusing legal tender at point of sale - retailers are allowed to refuse any denomination of U.S. currency:
I looked this up on Wikipedia, and was hoping the answer would be «no - stores can not refuse legal tender», but unfortunately, it's not the case!
In fact, the return of capital via a tender offer should also provide further reassurance: Shareholders could be unfairly penalised if they accepted a tender offer based on incomplete info, and / or an NAV per share that did not represent market values for all assets (& liabilities)-- potentially exposing the board / company to legal action.
Treasury notes had full legal tender status and were not convertible into gold through the Bank; they replaced the gold coin in circulation to prevent a run on sterling and to enable raw material purchases for armament production.
c) Unless the evidence of a lawyer is being tendered as expert testimony on the motion, it is not appropriate for an affidavit to contain legal opinions or argument.
The Government has just announced that it plans to bring forward to April 2013 its consultation on introducing competitive tendering for criminal legal aid work.
All Party Parliamentary Group on Legal Aid — 22 October 2015 On 22 October 2015 there was a meeting of the All Party Parliamentary Group (APPG) on Legal Aid, which this month focused on the outcome of the criminal legal aid tender and the impact of family legal aid cuts on victims of domestic abuson Legal Aid — 22 October 2015 On 22 October 2015 there was a meeting of the All Party Parliamentary Group (APPG) on Legal Aid, which this month focused on the outcome of the criminal legal aid tender and the impact of family legal aid cuts on victims of domestic aLegal Aid — 22 October 2015 On 22 October 2015 there was a meeting of the All Party Parliamentary Group (APPG) on Legal Aid, which this month focused on the outcome of the criminal legal aid tender and the impact of family legal aid cuts on victims of domestic abusOn 22 October 2015 there was a meeting of the All Party Parliamentary Group (APPG) on Legal Aid, which this month focused on the outcome of the criminal legal aid tender and the impact of family legal aid cuts on victims of domestic abuson Legal Aid, which this month focused on the outcome of the criminal legal aid tender and the impact of family legal aid cuts on victims of domestic aLegal Aid, which this month focused on the outcome of the criminal legal aid tender and the impact of family legal aid cuts on victims of domestic abuson the outcome of the criminal legal aid tender and the impact of family legal aid cuts on victims of domestic alegal aid tender and the impact of family legal aid cuts on victims of domestic alegal aid cuts on victims of domestic abuson victims of domestic abuse.
Consumer goods giant Unilever has kicked off a review of its legal advisers, inviting a number of firms to tender for a place on its inaugural legal panel.
Fortunately, such were the problems with the duty tenders, at least for this Parliament competitive tendering for criminal legal aid is unlikely to be resurrected, but a further clash with criminal legal aid firms is on the horizon.
The Legal Aid Agency has opened the tender for civil, family and mediation contracts to start on 1 September 2018.
Two pilots in best value tendering and the introduction of Crown Court Means Testing early next year will be vital in our efforts to keep on top of the criminal legal aid budget.
Charles Russell, Bird & Bird and Pinsent Masons have all scored roles on the Football Association (FA) Group's new - look legal panel following a tender process which saw a total of eight firms appointed.
Concerns about Lord Carter's proposals to reduce the # 2bn legal aid budget and introduce price - competitive tendering will also be discussed by society members at a special general neeting on legal aid on 17 January, after Southampton solicitor, Roger Peach, rallied support for direct action.
Business Development: Brokering various business dealings that further the diversification of Indian economies Developing and accessing commercial financial programs and services for tribal governments, including tax - exempt offerings and federally - guaranteed housing loans Serving as issuer or underwriter's counsel in tribal bond issuances Ensuring tribal compliance with Bank Secrecy Act and other federal financial regulatory requirements Handling federal and state income, excise, B&O, property and other tax matters for tribes and tribal businesses Chartering tribal business enterprises under tribal, state and federal law Registering and protecting tribal trademarks and copyrights Negotiating franchise agreements for restaurants and retail stores on Indian reservations Custom - tailoring construction contracts for tribes and general contractors Helping secure federal SBA 8 (a) and other contracting preferences for Indian - owned businesses Facilitating contractual relations between tribes and tribal casinos, and gaming vendors Building tribal workers» compensation and self - insurance programs Government Relations: Handling state and federal regulatory matters in the areas of tribal gaming, environmental and cultural resources, workers» compensation, taxation, health care and education Negotiating tribal - state gaming compacts and fuel and cigarette compacts, and inter-local land use and law enforcement agreements Advocacy before the Washington State Gambling Commission, Washington Indian Gaming Association and National Indian Gaming Commission Preparing tribal codes and regulations, including tribal court, commercial, gaming, taxation, energy development, environmental and cultural resources protection, labor & employment, and workers» compensation laws Developing employee handbooks, manuals and personnel policies Advocacy in areas of treaty rights, gaming, jurisdiction, taxation, environmental and cultural resource protection Brokering fee - to - trust and related real estate and jurisdictional transactions Litigation & Appellate Services: Handling complex Indian law litigation, including commercial, labor & employment, tax, land use, treaty rights, natural and cultural resource matters Litigating tribal trust mismanagement claims against the United States, and evaluating tribal and individual property claims under the Indian Claims Limitation Act Defending tribes and tribal insureds from tort claims brought against them in tribal, state and federal courts, including defense tenders pursuant to the Federal Tort Claims Act Assisting tribal insureds in insurance coverage negotiations, and litigation Representing individual tribal members in tribal and state civil and criminal proceedings, including BIA prosecutions and Indian probate proceedings Assisting tribal governments with tribal, state and federal court appeals, including the preparation of amicus curiae briefs Our Indian law & gaming attorneys collaborate to publish the quarterly «Indian Legal Advisor ``, designed to provide Indian Country valuable information about legal and political developments affecting tribal riLegal Advisor ``, designed to provide Indian Country valuable information about legal and political developments affecting tribal rilegal and political developments affecting tribal rights.
Corporate clients often no longer authorize «carte blanche» legal expenditure, alternative fee arrangements are more common, and clients are continually questioning where they can save on legal expenses using competitive tendering and paneling.
While the Committee stressed the need for further research into the possible effect of the proposals on the supply of legal help to the most vulnerable, the impact these reforms may have on BME suppliers and the dangers of Best Value Tendering, the Government response has dismissed these worries out of hand, displaying a now familiar caviler attitude to the future of Legallegal help to the most vulnerable, the impact these reforms may have on BME suppliers and the dangers of Best Value Tendering, the Government response has dismissed these worries out of hand, displaying a now familiar caviler attitude to the future of LegalLegal Aid.
Network Rail has invited a select list of firms to tender for a place on its legal panel, in the rail operator's first adviser review in more than three years.
A consultation on the principles of best value tendering (BVT) for criminal defence services, and a policy paper — Assuring and Improving Quality in the Reformed Legal Aid System — have been published by the Legal Services Commission (LSC).
The tendering process for the new criminal legal aid contracts was put on hold by the Administrative Court, following an application for interim relief by the LCCSA and CLSA.
BEPS v Lord Chancellor Advised a criminal legal aid firm on the merits and prospects of success of claim against Lord Chancellor concerning the 2015 criminal legal aid duty provider procurement exercise and then drafted particulars of claim in a complicated claim involving four tender applications in different procurement areas.
We advise clients across the globe on all their construction - related legal needs, from the drafting of tender and project documentation to the resolution of disputes arising out of projects.
R (London Criminal Courts Solicitors Association) v Lord Chancellor [2015] EWHC 295 (Admin) Junior to Jason Coppel QC; challenge to the criminal legal aid tender process on rationality, Tameside and procurement grounds on behalf of criminal legal aid defence firms (instructed by Kingsley Napley)
Even quality legal aid suppliers might be forced out of the legal aid market on grounds of the income reduction expected in the transitional period before they even had a chance to compete, on the basis not just of price but also on quality in the best value tendering process.
A year after solicitors successfully fought off plans to introduce competitive tenders for police station and magistrates» court duty work, the Legal Aid Agency (LAA) has announced a consultation on introducing price competitive tenders for Housing Possession Court Duty Schemes (HPCDS).
FBK Legal advises on legal risk assessment, tender procedures and project implementation, and has been notably active in the oil and gas and transportation secLegal advises on legal risk assessment, tender procedures and project implementation, and has been notably active in the oil and gas and transportation seclegal risk assessment, tender procedures and project implementation, and has been notably active in the oil and gas and transportation sectors.
A consortium of Kocian Solc Balastik, PwC Legal Germany, PwC Legal Czech Republic, and Heuking Kuhn Luer Wojtek has won a tender to advise the European Global Navigation Satellite Systems Agency on public procurement law, competition law, and contract management issues.
The Indian finance minister, Arun Jaitley's budget speech on February 1st, stating that «the government does not recognize cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these crypto - assets in financing illegitimate activities or as part of the payments system,» added to the existing FUD (Fear, Uncertainty, and Doubt) in the market for cryptocurrencies, sending major crypto - assets down to bargain levels.
When you have folks like the [Bank of England], which did a [proof of concept] with us, as well as the Bank of Japan coming out and saying, we are considering this as legal tender at some point — when you see those developments, you can't help but feel that we are on the right path, that interest is going to continue to grow,» Vias said.
Interestingly, however, the RBI does not seem too keen on allowing the digital cash to be used as legal tender in the country, as is evident from numerous press releases discouraging their use.
India has said it doesn't consider Bitcoin to be legal tender, China is increasingly cracking down on digital currencies, while Korea is planning a bill to ban all domestic cryptocurrency trading.
The South African Revenue Service (SARS) released a statement today, April 6, 2018, making it clear that, even though the country does not consider cryptocurrencies legal tender, you still have to pay taxes on the gains.
India's government has ruled out cryptocurrency as legal tender, Vietnam has banned payments in Bitcoin and other cryptocurrencies on the pain of heavy fines, and China has outlawed ICOs altogether.
On Nov. 30, 2017, when investor frenzy was at a high with rising bitcoin prices, finance minister Arun Jaitley said the country doesn't recognise cryptocurrencies as legal tender.
The decision to propose traceable activity within India's domestic exchanges follows a statement from the country's Finance Minister from earlier this month, in which he said that cryptocurrencies aren't legal tender there (to be clear, no currency except the Indian Rupee is a legal tender in the country), and that there will be a crackdown on the use of virtual currencies in financing illegitimate activities.
Bank of Japan Governor Haruhiko Kuroda said on Tuesday cryptocurrencies likely won't threaten legal tenders like the yen any time soon as they are mostly used for speculative trading, rather than as payments and settlement means.
The final resolution about Bitcoin being considered as legal tender was passed on April 2017.
Japan have eliminated the consumption tax on Bitcoin trading on April 1,2017 when it officially declared Bitcoin as a legal tender.
On October 30, Huobi.Pro announced upcoming launch of Over-the-Counter operation to support peer - to - peer trading between legal tender against cryptocurrencies.
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