Sentences with phrase «only national currency»

Not exact matches

As Europe's banking crisis deepens, Greece's and Spain's fiscal crisis spreads throughout Europe and the US economy stalls, most discussions of how to stabilize national finances assume that only two options are available: «internal devaluation» — shrinking the economy by cutting public spending; or outright devaluation of the currency (for countries that have not yet joined the euro, such as Eastern Europe).

The deal about this kind of services is that they only convert bitcoin into rubles and execute payments by using the national Russian currency and so there are no reasons for the Russian government to consider it illegal.

Thus by the war's end, or not long thereafter (for the implementation of the 10 % tax was eventually delayed until August 1866), national banks had become the country's only suppliers of banknotes, which, together with U.S. Treasury notes («greenbacks») also authorized during the war, made up the total stock of United States paper currency.

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.

South Korea's national currency, the won, accounted for more than 10 percent of bitcoin (BTC) trades during the latter half of 2017, second only to the US dollar.

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.

The movement has no real political experience and Mr Grillo seems only interested in pandering to the electorate's gut - feelings, demanding on one hand a Federal Europe and on the another the return to a national currency.

The Office of the Comptroller of the Currency (OCC) is moving ahead with a plan to issue national bank charters to financial technology firms, such as online - only banks and other firms that move money around.

Most altcoins do not have markets in national currencies, and instead can only be bought with other digital currencies.

The exchanges used for currency trading in India are Multi Commodity Exchange and National Stock Exchange and only resident Indians and companies are allowed to trade in currency futures in India; non-resident Indians and Foreign Institutional Investors are not permitted to trade in currency futures market.

Venezuela's national currency is becoming so irrelevant in the real world it's less valuable than money that only exists in the mythical world.

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»

We will hold a meeting to respond to national petition related to digital currencies this month but we are highly likely to make up for the defects of existing measures only at the meeting.

Only those who have rational reasons are buying real estate today; however, due to the depreciation of the national currency, the volume of U.S. investors is definitely growing.