Existing crypto tokens are
operating as currencies or utilities without a fixed - income offering.
That means it falls under the same category as Bitcoin, Dash, Litecoin, and Monero — all of which are intended to
operate as currencies.
Slain enemies drop souls that
operate as currency and the means to level up.
But back in 2015, Ripple, Inc. was facing a FinCEN enforcement action for
operating as a currency exchange service without properly registering.
But, as bitcoin scales like any other technology, there exists no reason for bitcoin to exist and
operate as both a currency and a robust store of value like gold.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we
operate in the U.S. and globally and any changes therein, including fluctuations in foreign
currency exchange rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such
as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins
operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign
currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins
operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and
currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to
as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins
operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
As long as the world operates on fiat currencies, there will likely be inflation in houses and real asset
As long
as the world operates on fiat currencies, there will likely be inflation in houses and real asset
as the world
operates on fiat
currencies, there will likely be inflation in houses and real assets.
We analyze key
operating metrics on a constant
currency basis
as this helps identify underlying business trends, without distortion from the effects of
currency movements.
Yandex's Russian
operating subsidiaries» functional
currency is the Russian ruble, and therefore changes due to exchange rate fluctuations in the ruble value of these subsidiaries» monetary assets and liabilities that are denominated in other
currencies are recognized
as foreign exchange gains or losses within the Other loss, net line in the condensed consolidated statements of income.
Because Bitcoin's virtual
currency operates in the same fuzzy confines
as Liberty Reserve's, the tech press was quick to draw comparison between the two businesses, wondering if Bitcoin would suffer a similar fate.
In the latest blow — on Tuesday — an alternative virtual
currency, known
as Tether, that is owned and
operated by the same people
as Bitfinex, announced that it had been hacked and lost around $ 30 million (U.S.) worth of digital tokens.
However, we believe that the exposure to foreign
currency fluctuation from
operating expenses is relatively small at this time
as the related costs do not constitute a significant portion of our total expenses.
We do, however, anticipate entering into foreign
currency exchange contracts for purposes of hedging foreign exchange rate fluctuations on our business operations in future
operating periods
as our exposures are deemed to be material.
We are exposed to foreign
currency risk
as a result of
operating transactions and the translation of foreign
currency bank accounts and short - term deposits.
While virtual
currencies do not have legal tender status in any jurisdiction, they
operate like «real»
currency in that they are accepted
as a medium of exchange.
Japan's financial regulator recently published a document indicating that it has «warned» Binance for
operating in Japan despite «not register [ing]»
as a virtual
currency exchange business with relevant authorities.
He estimated 10,000 bitcoin exchanges total, charging his customers 10 to 20 percent commission.He also admitted to
operating as a money services business and failing to file
currency reports or ask for customer information, the documents say.
Importantly, the analysis takes the same look
as I did on how FinCEN stifles
currency competition, «the guidance takes the position that if the broker or dealer transfers funds between the customer and a third party that is not part of the transaction, it is
operating as a money transmitter.
Ethereum differs from Bitcoin in that it can
operate not only
as a
currency but is also a facilitator of smart...
In contrast, the amended bill allows virtual
currency businesses to operate in California through January 1, 2022, as long as they participate in the State's Digital Currency Business Enrollment Program (Enrollment P
currency businesses to
operate in California through January 1, 2022,
as long
as they participate in the State's Digital
Currency Business Enrollment Program (Enrollment P
Currency Business Enrollment Program (Enrollment Program).
The document differentiates between public and permissioned blockchain platforms, noting that those systems
operating with permissioned protocols «do not necessarily involve a virtual
currency that may serve
as the economic incentive for miner or validator participation in public networks.»
Maybe that could
operate as a provincial
currency.
This ecosystem is a shared public database with a built - in distributed
currency exchange
operating as the world's first - ever universal translator for money.
The price of the tokens has nothing to do with the Bitcoins price,
as tokens
operate on a completely different market and they are separate from the Bitcoin's market
as a virtual
currency.
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.
At present, other crypto -
currency companies are already
operating in Switzerland, but Xapo's operation
as a bitcoin wallet provider had raised questions whether it should obtain a banking license to
operate,
as previously stated.
With my limited understanding of cyber
currency, it seems
as though it will always have a public relations problem
as the preferred ransom payment for those
operating outside the law.
Bitcoin companies proffering virtual
currency wallets often don't fuse well with legal matters,
as such, they often face a difficult legal quandary: do they have to
operate as a financial institution, likened to a bank, with all its regulations intact, or can these companies
operate under a different type of outfit?
Preliminary results for 2012 suggest that total assets shrank slightly to 10.1 billion forints ($ 43 million), while
operating profits dropped by 6 %
as a result of lower interest income caused by narrowing margins and the early repayment of foreign
currency mortgages.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such
as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such
as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with
operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise
operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in
operating our business; the significant portion of our assets pledged
as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign
currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we
operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
Driving hard into value added ingredients has paid off for Irish food group Kerry
as the company faces off tougher
currency exposure in 2003 to see a steady rise in sales and
operating profit.
Among the important factors that could cause Rio Tinto's actual results, performance or achievements to differ materially from those in the forward - looking statements include, among others, levels of actual production during any period, levels of demand and market prices, the ability to produce and transport products profitably, the impact of foreign
currency exchange rates on market prices and
operating costs, operational problems, political uncertainty and economic conditions in relevant areas of the world, the actions of competitors, activities by governmental authorities such
as changes in taxation or regulation and such other risk factors identified in Rio Tinto's most recent Annual Report on Form 20 - F filed with the United States Securities and Exchange Commission (the «SEC») or Form 6 - Ks furnished to the SEC.
Volatility, Commodity and
Currency ProShares are a series of exchange traded funds that
operate as commodity pools
as defined in the Commodity Exchange Act.
And
as I highlighted above, after all the bank / FX scandals, potential clients are presumably & understandably far more wary of non-independent
currency overlay providers — Record,
as the oldest / largest / owner -
operated / independent
currency manager, is likely a far more compelling choice now.
Avios Group (AGL) Limited
operates the Avios reward
currency for the British Airways Executive Club, Iberia Plus, AerClub, Vueling Club and Meridiana Club,
as well
as the Avios Travel Rewards Programmes in the UK and South Africa.
Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign
currency and travellers cheques, transactions made in
operating a business, bank fees and charges such
as interest and ATM charges and government related transactions.
Operating in 18 markets in the Middle East and North Africa region, the company issues dollar
currency Credit and Charge Cards: The Centurion ® Card, The Platinum Card ®, The American Express ® Gold Card, The American Express ® Card (Green)
as well
as Company and Corporate Cards.
As fig - 2 curator Fatos Ustek explains in the project statement, «fig - 2 operates as a catalyst to manifest the aesthetic and critical currency of our times.&raqu
As fig - 2 curator Fatos Ustek explains in the project statement, «fig - 2
operates as a catalyst to manifest the aesthetic and critical currency of our times.&raqu
as a catalyst to manifest the aesthetic and critical
currency of our times.»
At a high level, cryptocurrencies (like bitcoin) are digital
currencies that
operate independently of a central bank like traditional sovereign
currencies such
as the Canadian dollar.
The reserve could keep multiple denominations of
currency and commodity also pledges to keep the
currency from a country by which Bitland Global
operates as part of the reserve basket.
A case in point is the Federal Constitutional Court's OMT - decision that has,
as Justice Lübbe - Wolff pointed out in her minority opinion, «incalculable consequences for the
operating currency of the euro zone and the national economies depending on it».
The Man Behind the BTC - e Exchange For almost seven years, BTC - e has
operated as one of the oldest digital
currency exchanges in the world.
As a result, a person is not providing financial services when they
operate a digital
currency trading platform, provide advice on digital
currencies or arrange for others to buy and sell digital
currencies.»
As bitcoin has long been the dominant digital currency (it was the first public blockchain to operate at scale and gather a wide user base), traders continue to watch for signs ether is emerging as a viable alternative investment, one that moves based on different stresses and factors than bitcoi
As bitcoin has long been the dominant digital
currency (it was the first public blockchain to
operate at scale and gather a wide user base), traders continue to watch for signs ether is emerging
as a viable alternative investment, one that moves based on different stresses and factors than bitcoi
as a viable alternative investment, one that moves based on different stresses and factors than bitcoin.
In some environments, it
operates like «real»
currency — i.e., the coin and paper money of the United States or of any other country that is designated
as legal tender, circulates, and is customarily used and accepted
as a medium of exchange in the country of issuance — but it does not have legal tender status in any jurisdiction...... Virtual
currency that has an equivalent value in real
currency, or that acts
as a substitute for real
currency, is referred to
as «convertible» virtual
currency.
In addition to these, there are banking legacy systems like SWIFT and ACH
operating, which cryptocurrencies inevitably encounter
as they are purchased with fiat
currency and converted back again.
This might force bitcoin exchanges to start
operating in much the same way
as traditional
currency exchanges, but there is a problem.
Australian Treasury in a statement said that this plan would further «cement Australia's reputation
as a global fintech centre.The Bill will make it easier for new innovative digital
currency businesses to
operate in Australia,
as the government takes action to boost jobs and wages.»
We now have Ethereum and Ethereum Classic
operating as separate digital
currencies, each with their own exchange rate, miners, developers and platforms.