Sentences with phrase «use of digital currency for»

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

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.

Despite that, 22 percent of the experts think the use of digital currencies for payments and money transfers will increase dramatically.

However, not all of these new tokens solve the issues revolving around the use of digital currencies for everyday transactions.

Not exact matches

In addition to providing tools that allow users to communicate with counterparties, TradeBlock also provides a US dollar denominated reference rate for digital currencies, which is used by a number of investment trusts and funds.

The most obvious way migrants could use blockchain technology to securely store money while traveling would be to convert cash into digital currency, but Soros dismissed the value of cryptocurrency, making clear he believed its primary appeal was «for tax evasion» and «the rulers of dictatorships.»

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.

Although the use of crypto - currencies puts a new spin on it, the history of micropayments for content is littered with failures, including a litany of strange - sounding digital would - be payment systems such as Beenz and Flooz.

Bitcoin is digital currency used for secure and instant transfer of value anywhere in the world.

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.»

For advocates of bitcoin and the other cryptocurrencies surging in value, the gold may be in the shares of the companies that produce the computer processors and chips used to create the digital currencies in the process that's become known as mining.

While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.

Yet, the facts, as laid down in his own Treasury's report had stressed that «risks of digital currency used for money laundering to be relatively low».

At only two pages, the concise bill is not very substantive, save for a brief classification of «virtual currency» as «any type of digital representation of value that; 1) Is used as a medium of exchange, unit of account or store or value; and 2) Is not recognized as legal tender by the United States government.»

Swanepoel thinks bitcoin's cheap international payments could be a vast improvement over existing options and a prime use case of the digital currency for the country.

It's a newer form of digital currency, and it uses encryption for security and maintaining production of Bitcoin units.

The company offers a suite of products and services which are designed to make it easy for the average consumer or business to use Bitcoin and alternative decentralized digital currencies.

For all intents and purposes, the use of digital currencies in Israel remains legal and unregulated, despite this latest warning.

I honestly believe we will start to see more and more artists using digital currency for a whole lot of purposes in the near future.

However, it is mandatory for law enforcement agencies to continue their pursuit towards finding digital criminals, and cleaning the bitcoin market, as an effort of making the digital currency be used for its true purpose: decentralized global payments.

Meanwhile, the Indian Special Investigation Team (SIT) «wants to ban the use of bitcoins» after discovering at least four cases where the digital currency was used to pay for drugs, the Sunday Guardian reported.

Amidst growing fear of Bitcoin and other digital currencies being used for illegal purposes, such as money laundering, the Europol has recently set up a group meant to combat the process with the help of bitcoin.

Digital currencies have historically been used for illegal activity thanks to their reliable and anonymous public ledger of accounts.

As digital currencies emerge, therefore, the preference for decentralised payment systems would ostensibly render the use of a banking intermediary redundant, which raises pertinent questions regarding the role — or lack thereof — of central banks.

After the boom and bust and boom of bitcoin, the next hot topic in the world of cryptocurrency is initial coin offerings (ICOs), an innovative form of crowdfunding that uses digital currencies as the investing mechanism for startups to raise capital.

In addition to using Kraken for leveraged margin trading and exchange between 11 digital assets and 5 national currencies worldwide, the acquisition means that clients will soon be able to experience direct one - click buying and selling of bitcoin and other digital assets via convenient payments like ACH transfers.

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

Ross Ulbricht, 30, was found guilty by a Manhattan federal jury on all seven counts he faced after a closely watched four - week trial spilling out of U.S. investigations of the use of the bitcoin digital currency for drug trafficking and other crimes.

On 23 December 2011, Douglas Feigelson of BitBills filed a patent application for «Creating And Using Digital Currency» with the United States Patent and Trademark Office, an action which was contested based on prior art in June 2013.

When you realize that there are networks out there of users that are very geographically dispersed... and they're doing high - frequency, low - value transactions, using a digital currency for those makes a lot of sense.»

China's central bank has instructed the country's financial institutions to cease providing cryptocurrency services, including the prevention and suspension of payment channels used for digital currency settlements.

We shall not be liable or responsible for any damages, or claims, or losses, or injuries, or delays, or accidents, or costs, or business interruption costs, or any other expenses (including, without limitation, attorneys» fees or the costs of any claim or suit), or for any incidental, or direct, or indirect, or general, or special, or punitive, or exemplary, or consequential damages, or loss of goodwill or business profits, or loss of digital currency or digital assets, or work stoppage, or data loss, or computer failure or malfunction, or any other commercial or other losses directly or indirectly arising out of or related to our Terms; the Privacy and Transparency Statement; any service of tgtcoins.com; the use of tgtcoins.com; the use of tgt tokens; any use of your digital assets or digital currency on tgtcoins.com by any other party not authorized by you (all of the foregoing items shall be referred to herein as «Losses»).

Despite the unprecedented market demand for digital currencies all over the world, there has been a surprising lack of high quality and secure, yet easy - to - use products and services in many regions, in particular Europe.

In recent issues of The McAlvany Intelligence Advisor I've covered the U.S. government's ongoing «War on Cash»... how our government is trying to take over the Internet with the latest push for «net neutrality»... the risks and advantages of digital currency like bitcoin... how U.S. banks are preparing for «bail - ins» during the next financial crisis... how the U.S. government is using Common Core to indoctrinate children so they'll submit to the coming socialist society... and much, much more.

«I think it will be more of the digital gold that's programmable, and I think there will be currencies that survive more for P2P payments, more for financial engineering, [and other specific use cases].»

Despite having negative opinions on digital currencies, Harker sees «tremendous potential» in the use of distributed ledger technology for risk management in the US banking sector, mainly because of its ability to authenticate transactions:

At the event, which was hosted by the Yale Law School Center for the Study of Corporate Law in New Haven, Powell highlighted three specific areas where blockchain technology is affecting change in regard to the Federal Reserve's «broad public policy objectives»: the creation of real - time payment systems, use of blockchain technology for clearing and settlement services, and the issuance of digital currencies by central banks.

In November 2016, the IDFPR published its request for comments on its proposed «Digital Currency Regulatory Guidance,» which defined digital currencies as «an electronic medium of exchange used to purchase goods and services.Digital Currency Regulatory Guidance,» which defined digital currencies as «an electronic medium of exchange used to purchase goods and services.digital currencies as «an electronic medium of exchange used to purchase goods and services.»

Digital currencies such as Bitcoin and Ethereum suffered from price falls in January but many firms are still seeing the benefits of creating their own cryptocurrency to use for P2P lending.

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.

Where Bitcoin's transaction speeds average 7 transactions per second, new blockchain - based currencies are already approaching thousands of transactions per second; Bitshares claims they can process 100,000 per second.In fact, a newspaper in Winnipeg, Canada, has already begun to use a micropayment system to charge per article for its news content and projects earning over $ 100,000 in digital revenue.Blockchain could tilt the balance of power towards individuals, not publishing powerhouses.As mentioned previously, YouTube and Medium have dramatically increased content creators» access to audiences and established a more democratic, popularity - based promotional scheme.

Ethereum's blockchain was designed to provide the basis for a number of use - cases outside of digital currencies.

Russian president Vladimir Putin publicly said cryptocurrencies had «serious risks,» and yet he just called for the development of a new digital currency, the «cryptoruble,» which will be used as legal tender throughout the federation.

If you've heard of bitcoins, it may have been in the context of people using the digital currency to pay off ransom demands for the contents of their hacked computers or buy drugs on the dark web.

If the company is able to use the currency for virtual and digital goods, surely it's capable of using it for real - world ones as well.

James Turk is founder and chairman of GoldMoney, which provides a convenient and economical way to buy and sell gold, silver and platinum online using the digital gold currency for which he was...

The relatively anonymous nature of digital currencies has made them very attractive to criminals, who may use them for money laundering and other illegal activities.

It seems like a good option for Microsoft due to the fact that at present, there are two ways that digital content can be bought on the Xbox Live Marketplace with downloadable content being purchased using Microsoft points but full games are bought using your local currency and it seems that Microsoft agree that this isn't the logical way of doing things.

One of two press releases for the show describes these Tamagotchi-esque creatures as such: «[a] digital entity feeding off data sets produced by companies, currencies, and other large institutions, using a cute facial interface to elicit a sense of emotional attachment within the viewer.»

Partnering with Hub Culture for the transaction using the Ven currency makes history as the first carbon trade to be priced in the Ven digital currency, a statement of leadership we are proud to be a part of» said Dr. Constantine Pagonis of London Carbon Market.