Sentences with phrase «transactions in national currencies»
The service allows users to make instant and free cross-border transactions in national currencies.
http://www.coinfox.info/ Not exact matches
A digital currency not backed by any national bank as of yet, bitcoin attempts to remove all intermediaries in transactions.
ATTACs principal focus areas at the moment are: the different forms of taxation of financial transactions, in particular the Tobin tax on currency speculation; the creation of new instruments for the regulation and control of finance at the national, European and international levels; the battle against tax havens and financial crime; and the demystification of pension funds.
Receive payouts for every transaction in any of eight national currencies or bitcoin, or opt for a mix.
The country's proposed finance bill for 2018, currently being considered by the National People's Congress, would outlaw possession of virtual currencies like bitcoin and their use in transactions.
Member units should fulfill their commitment to industry self - regulatory conventions, strictly abide by national laws and regulations, do not participate in any of the so - called «virtual currency» related to the concentration of transactions or services for such transactions, take the initiative to resist any illegal Illegal financial activities.»
The recipients may receive the money in their national currency while bitcoin is used as a medium of transaction.
Will it be used at the national level, or will it be relied on mainly for international transactions in order to avoid other volatile currencies?