Sentences with phrase «state cryptocurrency»
The phrase "state cryptocurrency" refers to a digital form of money that is issued and regulated by a government. It is like normal money, but exists only in virtual form. It is controlled and managed by the government, just like any other currency, and can be used for making digital transactions. Full definition
However, the payment platform seems to have made a complete 180 by stating that cryptocurrency exchange platform was not to blame.
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Governments could create their own state cryptocurrency, that could be used for instance to pay taxes by citizens.
The United States cryptocurrency regulatory environment is becoming increasingly more complex, both for Initial Coin Offerings and cryptocurrency exchanges.
The United States cryptocurrency regulatory environment is becoming increasingly more complex, both for Initial Coin Off...
Time not (yet) right for state digital currency While the BIS, the central banks for central banks, recently said that policymakers will likely have to consider whether it makes sense for them to issue their own digital currency at some point, most central banks, including the Fed, the ECB, and the central bank of Australia are not overtly enthusiastic about the idea of creating a central bank issued state cryptocurrency taking a wait - and - see attitude.
Estonia, Denmark, and Sweden all permit trading, and Venezuela's president hopes to launch an oil - backed state cryptocurrency as a way to climb out of the country's economic crisis.
Kelly's remarks were also made on the very same day of the US Treasury stating that cryptocurrencies are a threat both because of its anonymous nature which facilitates nefarious activities such as terrorist - funding and money laundering.
The success of this launch inspired the government to announce plans for launching a second state cryptocurrency, the Petro oro, a token that will be backed by gold.
The OSC continued to state that cryptocurrency offerings have the potential to change the way financial services are offered to Canadians.
The United States cryptocurrency regulatory environment is becoming increasingly more complex, both for Initial Coin Offerings and cryptocurrency exch...
In a surprise move, the PBOC's director general of financial research said that negative interest rate for the state cryptocurrency was on the cards: «In the long run, due to the lower natural interest rate, monetary authorities can incorporate negative interest rate policies into the normal monetary policy toolbox.»
Chinese state cryptocurrency to feature negative interest rates: The People's Bank of China (PBOC) has been working on a possible state cryptocurrency for some time, while cracking down on Bitcoin and other cryptocurrencies like Ethereum.
stated that cryptocurrency is not recognized as a legal tender, thus leaving a baffling ambiguity as to which way the camel will sit on the issue of legality of trading!
This comes after the recent announcement by the Dubai government regarding its intention to issue a state cryptocurrency.
Today, a bunch of hackers took advantage and created a fake website for the stated cryptocurrency registration.