Sentences with phrase «traditional currencies because»

Not exact matches

Bitcoin is understood to fall under the definition of virtual currency in the Act because it is electronically exchanged for traditional currency by exchange service operators and can be used by anyone accepting Bitcoin as payment.

Because Saifu gives you one account — for both traditional currencies and cryptocurrencies — you don't have to endure the hassle of running both a conventional bank account and a separate cryptocurrency exchange account.

Even though traditional fiat currencies are also used in dodgy dealings, in this case, because of the sanction - imposed lack of said fiat money, the positive attributes of cryptocurrencies are ideal for North Korea.

Even though Ethereum classic saw a very «sizeable» increase against the dollar last year, that alone still can't be any sign of good things ahead because 2017 in itself saw almost all cryptocurrencies appreciate against traditional currencies.

Many people are beginning to choose Bitcoin over traditional fiat currencies because they are globally accessible and the value of the Bitcoin is on the rise, so it'll be interesting to see if this mobile app that has become available is likely to see Windows Phone users become more attracted to this form of currency.