Sentences with phrase «regarding cryptocurrency use»

Not exact matches

Although the Swell keynote delivered by Bernanke was filmed for private use only, some of his remarks regarding blockchain and cryptocurrency applications for interbank transfers have been reported: «It's an obvious area where new technologies like blockchain or these electronic currencies can be used to improve the process.»

Recent reporting regarding North Korean attacks against cryptocurrency exchanges and using Pyeongchang Olympics as a lure describe techniques that are unusual for the Lazarus Group.

Specifically, concerns are raised that the «white papers» often used to provide some disclosure regarding ICOs should comply with Canadian securities law requirements, that those engaged in soliciting and facilitating these trades need to be properly registered as gatekeepers and that the online exchanges that facilitate secondary trading in cryptocurrencies need to be formally recognized as a «marketplace» under Canadian securities laws.

The simply named Blockchain Alliance in the US provides education, technical assistance and sessions regarding cryptocurrencies and uses of blockchain.

Currently, the Bank of Botswana (BoB) has not issued any regulations in regards to cryptocurrencies or the use of blockchain technology.

North Korea's Nascent Cryptocurrency Industry While the United States looks to cut off North Korea's income and force Pyongyang to play ball in regards to its nuclear and ballistic missile programs, the dictatorial country is reportedly using Bitcoin and other cryptocurrencies to skirt economic barriers.

However, in the past months, Russia demonstrated a more tolerant position on cryptocurrency, despite employing a set of rigid regulations regarding the use of cryptocurrency.

Russia has previously had a hard stance on the use of cryptocurrencies, so this shows a new state of mind regarding the advanced technology.

While the global community is expressing its concerns regarding the negative impact that cryptocurrency mining has on the environment, the project aims to open efficient cryptomining operations globally through using exclusively green energy to mine currencies like Bitcoin, Bitcoin cash, DASH, and Litecoin on an industrial level.

As regards to the second problem, nowadays people mainly use cryptocurrency to generate speculative income.

I'm not saying Bitcoin will never be superseded by another cryptocurrency as Bitcoin does indeed have limitations regarding its use of a transactional system like Visa for instance, but in order for another cryptocurrency to gain more dollar value than Bitcoin, it would need to have a bigger network effect, meaning more users and plus the same amount of trust or confidence which Bitcoin has built up since January 2009.

A joint survey by Global Blockchain Business and Survey Monkey used the weighting scheme mentioned above in a research conducted in January 2018 and were able to produce statistics regarding the cryptocurrency ownership and sentiments of the American Population with a + / - two percent margin of error.

Kim also added that, despite recently implemented regulations regarding the use of real - name accounts, South Korea was still regarded internationally as a «holy land» for cryptocurrencies.

Other settlement layers like Ripple, Stellar or the defunct Falcon Protocol don't actually move value and are no different than using a MySQL database... they are cryptocurrencies which may be better than bitcoin for payments but have no liquidity and address none of the above - noted use cases regarding creating decentralised fiat pegged cryptocurrencies, «great for banks but not for remittance providers» says Bitspark.

Ethereum is regarded as the most promising cryptocurrency right now and the reason behind this is because Ethereum offers strong technology which can be used in numerous cases.

Three of Australia's «big four» banks have issued comments regarding their respective policy positions with regards to their customers» ability to purchase cryptocurrency using accounts issued by said banks.

Westpac has indicated a permissive stance with regards to its customers» ability to purchase virtual currencies, with a spokeswoman stating «We currently have no restrictions on credit card use to purchase cryptocurrency.»

It's no secret that the cryptocurrency market is prone to being chaotic and volatile, and this is definitely a barrier to entry in regards to mainstream adoption, and widespread use.

While the majority of the two drafts have reached a consensus regarding crowd - funding using cryptocurrencies, they still reportedly take contradictory stances on the status of cryptocurrency exchange operations.

The move comes as Australian authorities attempt to seal the remaining loopholes in cryptocurrency use regarding tax and identity management.

With regard to this use - case valuation, XRP has emerged as the leading cryptocurrency on account of the fact that that the XRP technology has been adopted by the widespread financial sector.

While the SEC's investigation was focused on this one organization and its co-founders, the report clearly states, «U.S. federal securities law may apply to various activities, including distributed ledger technology, depending on the particular facts and circumstances, without regard to the form of the organization or technology used to effectuate a particular [cryptocurrency] offer or sale.»

For example, the 6.9 percent drop from the high of $ 11,492 may be due to concerns regarding the solvency of a startup called Tether, which provides a proxy cryptocurrency used by exchanges in lieu of the U.S. dollar.

Other Incidents: On February 1 of this year, Ripple crashed on Coinmarketcap and remained that way over 24 hours due to a comment made by the Indian Finance Minister Arun Jaitley regarding the legality of trading and using cryptocurrencies.

The nature of Bitcoin and other cryptocurrencies as both asset and currency has led to some debate regarding its best use.

In that regard, the British government also wants to restrict the use of cryptocurrencies for tax evasion and money laundering.

Highly regarded Bitcoin Core developer and cryptocurrency consultant Peter Todd has criticized the cancellation of the SegWit2x hard fork and the «waste» of resources used throughout the development of the software.