Sentences with phrase «rather than a currency»

The IRS treats cryptocurrencies as property rather than a currency.

Representatives from 20 countries who are currently gathered in Buenos Aires for a G20 summit are approaching a consensus that the digital tokens commonly referred to as cryptocurrencies are assets rather than currencies, according to reports.

The G20 Financial Stability Board (FSB) released a document March 20, in which it is implied that the FSB considers cryptocurrency to be assets, rather than currency.

I would rather own Japanese stocks in yen, via a vehicle like the EWJ ETF, rather than currency - hedged positions.

For the last twenty - four years, we've talked to North Korea with intermittent breaks and payments (in goods rather than currency).

With the new portfolio especially, she's trying to let fundamentals rather than currency fluctuations drive returns.

From the bank's point of view, this is chiefly an issue of default risk rather than currency risk.

However, I would note the more recent revival of mercantilism & a new willingness of many countries to diversify into real assets (rather than currencies / bonds)-- this could pose a new and more substantial / elevated risk of decline for the dollar as a reserve currency (vs. the historical example of sterling).

In times where the economy is booming, folks who hold assets in securities rather than currency really win.

There reaches a breaking point though where is so much excess to your income that you begin meaningfully spending on investments; you may also begin to take a meaningful portion of your compensation in securities rather than currency.

Is the government of Thailand justified to classify and legalize cryptocurrency as an asset rather than a currency?

This could be due to the increased network activity and transaction fees associated with Bitcoin payments, and / or the fact that many people treat Bitcoin as a long - term asset, rather than a currency for day - to - day transactions.

``... It's more of a commodity than it's a currency,» he said, comparing Bitcoin to a commodity rather than a currency.

In June, CNBC reported that Russia is looking to regulate Bitcoin as a commodity, rather than a currency.

The IRS ruled in March that bitcoins are property, rather than a currency, and thus subject to ordinary income tax or capital gains taxes.

Though it's not technically money (the IRS has declared bitcoin property rather than currency), a growing number of retailers now accept the digital coins alongside traditional payment methods.

Market players are picking up on comments being re-run from major newswires, out of a G20 draft document, that G20 considers crypto to be an asset rather than a currency.

Burger King Russia has announced the creation of its own digital token called «WhopperCoin» which will presumably be used as a reward token rather than a currency.

In an updated circular released on Monday, the Israel Tax Authority doubled down on its previous position of deeming cryptocurrencies as «assets» rather than currencies.

Kelly has even branded Bitcoin a speculative commodity rather than a currency or a digital coin.

Not exact matches

Rather than try to time the market or buy into the newest blockchain trend, MetaStable looks closely at the real - world use cases of various digital currencies, and aims to make at least decade - long bets on the most «credible candidates,» Seims tells Fortune.

While dozens of hedge funds have sprung up this year to invest in the white - hot digital currency market, this one, known as Arrington XRP Capital, is the first to be denominated in a crypto - currency rather than dollars or euros.

Once fiat currencies, which derive their value based on laws rather than metallurgical content, became common, governments could simply print bank notes in large quantities.

«Why might citizens hold virtual currencies rather than physical dollars, euros, or sterling?

In August, a slew of bitcoin companies cut off service to New York rather than apply for a BitLicense, the regulatory hall - pass created by the NYDFS to cover digital - currency business deemed «money transmitters.»

Reddit and other sites such as Slashdot have a system where users can be rewarded with «karma» points, but they have been largely ceremonial rather than involving actual usable currency.

As for the notion that the big payment processors may fear cryptocurrencies as potential competitors, this could become an issue if and when cryptocurrencies recover from their current crash and settle into a less volatile pattern that encourages their use as virtual currency rather than as speculative assets.

Why would a company want its stock to be made up of cryptocurrency rather than fiat currency?

EG: So, why would a company want its stock to be made up of cryptocurrency rather than real money currency?

So rather than focusing on Bitcoin as a speculative currency, the true focus should be on the underlying technology, known as the blockchain, and related «sidechains» that result in speedier payment methods, reduced financial friction, and anonymity, as well as accountability and transparency.

While acknowledging that my currency forecasting prowess means I'm driving a desk rather than tanning on a beach, the gyrations do seem to offer some valuable lessons.

Our clients» international stock exposure is held in local currencies rather than hedged to the U.S. dollar.

China's plan involves very different strings than the postwar American checks did: no interest in promoting the rule of law, free markets, and (US - led) global standards, but a rather simple «buy from Chinese state owned corporations, accept Chinese currency, employ Chinese standards.»

Tax cuts on wealth are promoted as if they will be invested rather than used to pay the financial sector more interest or be gambled on currencies and exchange rates, interest rates, stock and bond prices, credit default swaps and kindred derivatives.

He has backtracked on lambasting China as a currency manipulator and expressed a desire to reform rather than destroy NAFTA.

Rather than choosing completely new names for these currencies, there are different Bitcoin - themed clones on the market.

With the floating of the currency in 1983, the first of these goals has been interpreted to mean price stability, rather than literally the stability of the exchange rate.

Rather than existing on a blockchain, as most have come to expect of cryptocurrencies, the E-Coins were located on QUID PRO QUO's own servers, and in spite of the Association's claim that 80 percent of the currency was backed by tangible assets, «the actual percentage was significantly lower.

Rather than boost returns, foreign currency exposure has tended to increase a portfolio's volatility.

Teams that assigned 50 percent or more of the one million into ETH, expressed Ethereum's value as a whole rather than as mere currency.

So when you take this foreign response into account, the Bernanke - Obama strategy involves turning the dollar into a pariah currency, shredding the domestic economy rather than draining foreign economies.

In fact, to support virtual currency businesses, Coin Center strongly advocates for a federal licensing system for money transmitters rather than the state - by - state licensing that is currently standard.

To do so would either create massive hyperinflation (devaluation) of our current fiat currency, massive swings (politically rather than market driven) in the price of the metal, or create such a high conversion rate as to be nearly meaningless.

Weakness in the U.S. currency rather than factors on the Canadian side are likely to be the primary catalyst for a slide in USD / CAD, according to BMO's global head of foreign - exchange strategy Greg Anderson, who cited a market that's gotten ahead of itself with regard to Federal Reserve tightening and a tax proposal that's likely to be dollar negative.

It said virtual currencies issued for wholesale use only — that is, by banks and financial institutions to settle payments rather than by consumers for purchases — could help make trading securities and foreign currencies more efficient.

The policy framework of the MAS is focused on managing the Singapore dollar's nominal effective exchange rate (NEER), or the trade - weighted exchange rate, against an undisclosed basket of currencies, rather than interest rates.

This over-dramatized the situation: the ban affected the country's banks and their activities rather than individuals wishing to purchase the currencies.

Given its position, the government was content issuing several rules, rather than establishing regulations, to oversee the local Bitcoin and digital currency industry.

One new example is the company Kik, which has plans in the works to develop a new currency called Kin, but using the Ethereum blockchain rather than the Bitcoin one.

LONDON — Iran will start reporting foreign currency amounts in euros rather than U.S. dollars, state media said today as part of the country's effort to reduce its reliance on the U.S. currency due to political tension with Washington.