Sentences with phrase «such digital tokens»

Such digital tokens can stand for anything from pharmaceuticals to phones to music.

The main reason behind the same is increasing fear of regulators regarding the fact that such digital tokens are used to launder money and facilitate financial crimes.

The growing craze of cryptocurrencies among the global folks is posing a pertinent question regarding whether such digital tokens can be stored in a virtually secured deposit.

«Where the digital tokens involved in an ICO fall under the definition of «securities,» dealing in or advising on the digital tokens, or managing or marketing a fund investing in such digital tokens, may constitute a «regulated activity.»

Not exact matches

Arrington told Fortune that the fund would invest primarily in digital assets, including exotic ones, and in so - called «initial coin offerings,» which involve the sale of digital tokens that can in some cases provide access to an online service such as file sharing.

Investors exchange digital currency, such as bitcoin, for a token issued by the firm.

Instead, the sale is conducted over a website where the company accepts digital currency such as bitcoins or ether (or credit cards in the case of some overseas transactions) and the investors receive digital tokens.

Typically these offerings involve the opportunity for individual investors to exchange currency such as U.S. dollars or cryptocurrencies in return for a digital asset labeled as a coin or token.

The two announcements also acknowledge that «the function of digital tokens has evolved beyond a virtual currency» and point out use cases, such as representation of ownership or a security interest over a token seller's assets or property, or a debt owed by the seller.

We'll ignore currency issues (including the jurisdiction of the CFTC over such things) for the moment, except insofar as New York's definition of virtual currency (which you need a license to move around) is very broadly construed and includes most «digital units of exchange» which could certainly include tokens.

Even if regulators do not act, when a presale results in nothing more than profits for its promoter, a disgruntled investor will inevitably make a private securities fraud claim to try and claw back some of their capital; assuming a court will determine a presale of digital tokens to be a private placement of securities, any such federal claim would fall under Rule 10b - 5.

Quite unlike other available coins, such as DigiByte (DGB), Digital Cash (DASH), and many more, the BAT coin allows users and publishers to monetize via its blockchain - enabled token, whereas Reddit Gold does not facilitate a mechanism for publishers and users to monetize through its blockchain - enabled token.

It is the exchange through which investors buy and sell your token in the open market, and also trade your coin with other digital coins such as Bitcoin, Ethereum, Monero etc..

ICO Tokens such as BunnyToken, Global Spy, Phoneum represent tradable goods that could take many forms, such as digital coins, gold certificates, loyalty points etc..

GATCOIN is a distributed retail shopping platform that enables retailers to issue digital tokens representing liquid, tradable shopping incentives, such as loyalty points, discounts, and rewards.

Altcoins are digital currencies that have their own blockchain or digital assets that are represented by tokens on a blockchain such as the bitcoin blockchain or ethereum blockchain.

Launched in January 2018, Ravencoin (RVN) is an experimental cryptocurrency that aims to create a digital peer - to - peer network for the facilitation of asset transfers, such as the transfer of tokens between users.

KickCoin tokens may fall under one or more requests or actions on their part, including but not limited to restrictions imposed on the use or possession of digital tokens such as KickCoins, which may slow or limit the functionality or repurchase of KickCoin tokens in the future.

A cryptocurrency unit, such as a bitcoin or ether, is a digital token created from code using an encrypted string of data blocks, known as a blockchain.

These variations are then converted into digital tokens that uniquely identify the device and that are subsequently shared with third parties to track activities such as website browsing.

Also, one other point is that as lawyers and vendors work more closely with smart contracts on a blockchain such as Ethereum, which may involve a token with a currency value, such as Ether for example, then opening up to «retail» payments in digital currencies may become part and parcel of doing business in the legal sector.

Such offerings involve the opportunity for individual investors to exchange fiat currency or cryptocurrencies in return for a digital asset labeled as a coin or token.

Rapid changes in the landscape of the payments industry along with factors such as emergence of private digital tokens and the rising costs of managing fiat paper / metallic money have led central banks around the world to explore the option of introducing fiat digital currencies.

Such warnings have failed to chill the booming market for digital tokens.

Consumers who suspect that an investment scheme involving digital tokens could be fraudulent should report such cases to the Singapore Police.

«Rapid changes in the landscape of the payments industry along with factors such as [the] emergence of private digital tokens and the rising costs of managing fiat paper / metallic money have led central banks around the world to explore the option of introducing fiat digital currencies,» the central bank explained, adding:

Kraken offers comprehensive services for the crypto investor, such as the ability to buy and sell bitcoin and trade digital tokens against fiat currency.

Even if regulators do not act, when a presale results in nothing more than profits for its promoter, a disgruntled investor will inevitably make a private securities fraud claim to try and claw back some of their capital; assuming a court will determine a presale of digital tokens to be a private placement of securities, any such federal claim would fall under Rule 10b - 5.

«I think this is a huge concept that the world does not yet understand, but will become very important over time,» Ehrsam says, pointing to examples such as «file coin,» a digital token designed to power a decentralized document storage app similar to Dropbox, as well as «reputation,» a token designed to let people bet on just about anything through the prediction market Augur.

«We are more interested in being able to store digital assets that either have some function, like Ethereum, Namecoin, Factom, Maidsafe and things like that, or that have real world backing, such as company stocks, fiat - backed tokens or digital registry of physical assets like deeds to property,» Murashchik told Bitcoin Magazine.

Such is its magnitude of power and popularity in the world of digital tokens that it has helped Bitcoin to showcase 1000 % price gain in the current year when compared to the last fiscal.

Token - as - a-Service (TaaS), the tokenized closed - end fund designed to reduce technical barriers and investment risks in blockchain assets has announced a strategic partnership with the Digital Developers Fund (DDF), a fund focused on the high growth of digital assets such as domain names (aka Internet Real EDigital Developers Fund (DDF), a fund focused on the high growth of digital assets such as domain names (aka Internet Real Edigital assets such as domain names (aka Internet Real Estate).

As part of the deal, Blockstack issued 440 million tokens, which will be redeemable for internet protocol operations such as registering domain names or creating new digital identities.

Token sale is another term for ICO, as such that the digital crypto - asset created in order to sell is called a «token&raToken sale is another term for ICO, as such that the digital crypto - asset created in order to sell is called a «token&ratoken».

The Blockstack token itself only grants access to the digital property associated with it and, for the time being, the plan is that the tokens will be destroyed when they are converted into a digital property, such as a domain name.

The FinCEN action against XRP II LLC (Ripple) took many by surprise early last month, although many in the Bitcoin community were not shocked to see an organization with such close ties to a digital token face backlash for «willful violations» of the Bank Secrecy Act (BSA) and failure to implement appropriate anti-money laundering (AML) procedures.

Earlier on Friday, a senior executive at China's state - backed internet finance body said that «stateless» digital tokens such as bitcoin posed risks as they could be used for illegal actions, and rules were needed to support the development of «legal» digital currencies.

Instead, the sale is conducted over a website where the company accepts digital currency such as bitcoins or ether (or credit cards in the case of some overseas transactions) and the investors receive digital tokens.

He said there should be a distinction between digital currencies, which were being studied and developed by authorities such as the Chinese central bank, and digital tokens such as bitcoin.

«Token fundraising» refers to a process where fundraisers distribute digital tokens to investors who make financial contributions in the form of cryptocurrencies such as bitcoin and ether.

Two companies taking advantage of the market are MandelDuck, the company behind such games as SaruTobi, Game of Birds and KA - GE and Counterparty, a peer - to - peer financial platform built on the bitcoin blockchain that allows users to create and trade digital tokens, write smart contracts and execute them on the bitcoin blockchain.

Notably, the announcement also included details about potential actions by the new company that would be aimed at promoting XRP, the native token used to move value on the Ripple consensus system and that trades on public digital currency exchanges such as Kraken.

Bitcoin and other cryptocurrencies infrequently operate like a financial security such as a stock or commodity; companies raise their funds through granting digital «tokens» to their contributors, or subscribers, who in their turn use either a cryptocurrency or fiat money to acquire an interest in this or that project.

Investors in a hurry transfer their assets to fiat currencies or their digital analogues, such as Tether and its token USDT.

An initial coin offering (ICO) is a new method of fundraising that involves the sale of digital tokens in exchange for other cryptocurrencies such as bitcoin (BTC) or ether (ETH).

RBI's interest in their own cryptocurrency is due to the «rapid changes in the landscape of the payments industry along with factors such as emergence of private digital tokens and the rising costs of managing fiat paper / metallic money,» which they cite as the impetus for central banks around the world to introduce «fiat digital currencies.»

One such scheme is an initial coin offering where investors purchase tokens to get a new cryptocurrency off the ground, but the digital coin developers disappear with the money.

Where digital tokens fall within the definition of securities in the SFA, issuers of such tokens would be required to lodge and register a prospectus with MAS prior to the offer of such tokens, unless exempted.

If you want to invest in the growth of decentralized exchanges you could purchase digital tokens of blockchain projects in that space such as 0x (ZRX), BridgeCoin (BCO), Blocknet (BLOCK), Waves (WAVES), etc. and purchase them in relation to their market capitalization.

Digital tokens may represent any value from the real world, such as commodities, shares or property.