Sentences with phrase «recognised as a means of payment»

The cryptocurrency is not recognised as a means of payment by the official structures: banks do not accept it and Chinese financial system does not protect bitcoin owners in the case of stock exchange crisis.

On the one hand, the cryptocurrency is not recognised as a means of payment by the official structures.

Not exact matches

However, Japan recognised Bitcoin as a means of payment.

This led to the introduction of further legislation which formally recognised Bitcoin, and by extension cryptocurrencies more generally, as a legitimate means of payment.