Sentences with phrase «operating as currencies»

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 assetAs long as the world operates on fiat currencies, there will likely be inflation in houses and real assetas 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 Pcurrency businesses to operate in California through January 1, 2022, as long as they participate in the State's Digital Currency Business Enrollment Program (Enrollment PCurrency 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.&raquAs 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.&raquas 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 bitcoiAs 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 bitcoias 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.
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