Sentences with phrase «use of digital currencies»

The Japanese government, for example, has put in place friendly regulations towards cryptocurrencies which have seen an increased use of digital currencies in payments of goods and services.

Coinbase is a platform that facilitates the easy use of digital currency for consumers and merchants.

Both exchanges and investors make use of digital currency wallets, and projects across the world are investing time and resources into creating secure and convenient solutions for the community's needs.

Coinbase is a platform that facilitates the easy use of digital currency for consumers and merchants.

Do you think governments and regulators need to stop the illegal use of digital currencies?

The potential use of digital currencies in illegal and illicit applications is a major turn - off for established traditional banking institutions.

With this rule, more people can make use of the digital currency within the country thereby bringing a general flow of its use to the country's economy.

In such a scenario, the best option for the government shall be to come ahead with a campaign against centralized companies making use of digital currencies.

Yet strict regulation now curtails beneficial uses of digital currencies like bitcoin.

OFAC will use sanctions in the fight against criminal and other malicious actors abusing digital currencies and emerging payment systems as a complement to existing tools, including diplomatic outreach and law enforcement authorities — To strengthen our efforts to combat the illicit use of digital currency transactions under our existing authorities, OFAC may include as identifiers on the SDN List specific digital currency addresses associated with blocked persons.

«The bank's judgment is that the current very limited use of digital currencies means they do not raise any significant concerns with respect to competition, efficiency or risk to the financial system.»

«To strengthen our efforts to combat the illicit use of digital currency transactions under our existing authorities, OFAC may include as identifiers on the SDN List specific digital currency addresses associated with blocked persons.»

Most of the deals are targeted at technology, they do not imply the increased use of digital currency, as in the case of Ripple.

This is probably the most common use of digital currency for individuals and non-professionals: as an alternative, risky, potentially very rewarding sort of asset class.

«We believe that Oneiro will bring the potential of the cryptocurrency market into a completely new realm, as the acceptance and use of digital currencies becomes more mainstream,» said Ciaran Hynes, Managing Partner at COSIMO Ventures, in a statement.

This is why CryptoHawk is focused on the acceptance and widespread use of digital currency.

Blockchain analytics The Blockchain contains an immutable record of every transaction in history, which provides the ability (through big data mining and advanced data analytics) to trace nefarious uses of digital currency.

With this declaration, the IRS have become more involved in all sectors that makes use of digital currencies.

But Kathryn Haun, a former federal prosecutor who signed off on the indictment, says Vinnik's use of Bitcoin helps clearly connect him to the crime: «At first blush what seemed unsolvable turned out to be traceable through the use of digital currency.»

Ross Ulbricht, 30, was convicted on all seven counts he faced by a federal jury in Manhattan, following a closely - watched trial that spilled out of U.S. investigations into the use of the digital currency bitcoin for drug trafficking and other crimes.

Gavin Andresen of the Bitcoin Foundation says that the use of the digital currency for less - than - legal purchases laid the groundwork for its entering the mainstream.

That bill would, among other things, help establish a system of «rewards for information leading to convictions related to terrorist use of digital currencies,» and «a FinTech Leadership in Innovation Program to encourage the development of tools and programs to combat terrorist and illicit use of digital currencies.»

The bank official described state - issued cryptocurrency as another possible solution to this problem, opining that, «Central banks around the world are examining (the use of digital currencies) so we should as well.»

«The central bank's (ban) does not mean the prohibition or restriction of the use of the digital currency in domestic development,» he was quoted as saying by state news agency IRNA.

According to Cryptonator, the service's main advantage is the fact that it does not charge any fees and it greatly simplifies the use of digital currency.

Just perform a Google search of the formerly most hated female at JP Morgan, «Blythe Masters» and «cryptocurrencies» to understand how bankers are trying to transform the use of digital currencies into just another tool of control.)

Although traditionalists have been cautious about the use of the digital currency, bitcoin; blockchain, the platform to power and regulate crypto currencies, is being looked...

While Bitcoin has seen a massive growth in popularity in areas from all around the world, it seems like some Governments are still strongly against mass adoption and use of the digital currency.

The cryptocurrency industry is unfolding very fast and the use of digital currency is becoming very obvious for many businesses.

I thought it was noticeable that only 22 % of the Citigate survey panel thought there would be a dramatic increase in the use of digital currencies as payment or money transfer methods over the next five years.

What the use of digital currencies mean is that the transactions have essentially no fees and can be as small as a fraction of a penny or thousands to millions of dollars.

He raises one issue that seems to me particularly important to those who promote the use of digital currencies in commercial exchanges: the transfer of control of units of Bitcoin (or equivalent)... [more]

He raises one issue that seems to me particularly important to those who promote the use of digital currencies in commercial exchanges: the transfer of control of units of Bitcoin (or equivalent) does not at law discharge the legal obligation for which it is transferred.

While there are still not many businesses accepting bitcoin in Taiwan so far - with most users seeing it as an investment - BitoEX plans to promote the use of digital currency by opening up its API and holding a hackathon to develop new use cases.

The Bank of Mexico has issued a warning on the use of digital currencies, but stopped short of regulation.

After regulating digital currency exchanges in the country last year, the Japanese Diet has signed a landmark bill that will allow the use of digital currencies like bitcoin as a legal method of payment.

CoinFox reported recently that Coinbase waived their fees for one week for bitcoin purchases with euros to promote the use of the digital currency in Europe.

All consumers are urged to consider a range of risks associated with digital currencies, including volatility, risk of theft, lack of consumer protection, potential tax implications or the use of digital currencies for illicit activities.

Coming from an industry known to adapt to innovation like fish to water, it shouldn't come as a surprise that gambling operators are embracing the use of digital currencies.

With respect to the criminal activities happening, and the use of digital currencies to facilitate crime, financing drugs, terrorism, etc., they operate on a cross border basis.

At the time, corporate vice president of Universal Store at Microsoft said that it usage of the technology to expand, remarking that «while not mainstream, [the use of digital currencies like bitcoin] is growing beyond the early enthusiasts».

The burgeoning online gaming industry is turning its attention to incorporating digital currencies, including bitcoin, into various platforms to get people excited about blockchain and the use of the digital currency.

As for terrorist financing, the report found «little evidence to indicate that the use of digital currencies has been adopted by criminals involved in terrorist financing, whether as a means by which to raise funds (crowd funding etc.), to pay for infrastructure (e.g. server rental), or to transfer funds.»