Sentences with phrase «value currency notes»

On the back of the demonetization of high value currency notes in India, the government has been aggressively pushing cashless payments.

With over 100 million users a year ago, PayTM was already ahead of its digital payment competitors before the Nov. 2016 demonetization of high value currency notes in India.

«Now, you can't rely on the shadow payment system of using the high - value currency notes because they were rendered useless.

Not exact matches

Once fiat currencies, which derive their value based on laws rather than metallurgical content, became common, governments could simply print bank notes in large quantities.

Like other Wall Street banks, JPMorgan acts as an agent for buyers and sellers of Bitcoin XBT, an exchange - traded note designed to track the value of the crypto currency.

the stated value of an investment at maturity; includes bonds, life insurance policies, bank notes, currency, some stocks, and other securities; typically $ 1,000 for a corporate bond

The statement also noted that «virtual currency is not legal currency and nobody guarantees [its] value.»

«Most people are buying Bitcoin, not because of a belief in its future as a global currency, but because they expect it to rise in value,» a note from economists at Capital Economics said on Wednesday.

The currency's rise in value is not a driving force behind the initiative, Stern said, noting that the integration is part of Fidelity's wider efforts around cryptocurrencies and their underlying technology blockchain.

In prior comments, and in pieces like Going for the Gold and Valuing Foreign Currencies, I've frequently noted the importance of real (after inflation) interest rate pressures in driving commodity and currency fluctuations.

But it's important to note that it's difficult to compare venture capital and ICOs by dollars raised, as ICO dollar amounts vary widely by market conditions as well as the value of the underlying currency it accepted as funds.

'' «We believe that cryptocurrencies will develop into «new universal currencies» available for use by anyone from any country or region to freely exchange «value,» creating a new borderless economic zone,» notes GMO IG.

It is interesting to note that in many ancient civilizations, cacao was used as currency because of its high intrinsic value.

We all want stability, which in financial terms means illiquidity [Editor's Note: «Illiquidity» refers to assets not easily transferred to currency, a property that can protect against» volatility» — rapid, radical swings in value].

That's why commodities are in a bull market — it's not just precious metals, but anything with value — because US debt notes are losing their global currency.

Please note that dividend amounts are usually entered in currency of account, but you could also use ExchRate column if there is a need to convert value in Price column to the currency of account.

the stated value of an investment at maturity; includes bonds, life insurance policies, bank notes, currency, some stocks, and other securities; typically $ 1,000 for a corporate bond

Since half the value of the Sleepy Portfolio is denominated in US dollars (note that though VEA and VWO are denominated in US dollars, Canadian investors are exposed to currency risk between the CAD and the basket of currencies that the ETF holdings are denominated in — Pound, Yen, Euro etc., not the CAD - USD exchange rate), the loss in value of the Canadian dollar helped cushion the steep drop in stock values.

At the start of the First World War, the Currency and Bank Notes Act 1914 was passed, which granted temporary powers to HM Treasury for issuing banknotes to the values of # 1 and 10 / -(ten shillings).

It's also worth noting, in addition to the value that each program offers, Singapore Airlines and Flying Blue (Air France / KLM) are transfer partners for all 4 flexible points currencies.

Worth noting, when it comes to exchanging currency for hard currency usable in the game, it is beneficial to give users a greater perceived value for the money they spend.

The demonetization scheme is basically an act in which the higher currency notes worth 500 Rupees and 1000 Rupees which are currently in circulation would have value no more than an ordinary piece of paper.

Chen continues that while he does not have enough money to make a worthwhile investment in Bitcoin, he notes that as the Bitcoin value increases, so do its forked currencies.

That said, it's interesting to note that gold coins can be considered a sort of auxiliary world currency, as they are accepted everywhere throughout a particular game's world (though even in that world one item may have a differing value, possibly suggesting a sort of exchange rate.)

Please also note of the possible risk associated with all digital currencies, including complete loss of value.

The IRS notes that any digital currency that has a value equivalent to real currency, or that acts as a substitute for real currency, is referred to as «convertible» virtual currency.

In November, ShapeShift CEO Erik Voorhees noted that Bitcoin is continuing to grow in terms of market valuation, user base and user activity because as a decentralized currency and store of value, it is providing an alternative financial network to the fiat currency system.

Lopp noted that as of now, Bitcoin accounts for around 0.14 percent of global M1 money supply and still has a long way to go before surpassing the value of reserve currencies.

These numbers are, of course, somewhat skewed, because the value of notes in circulation is not reflective of the total value of a currency.

Missing the Point JPMorgan, a New York - based institution with a history that is far from pro-crypto, claimed in a wide - ranging note to clients that cryptocurrencies only make sense as a hedge in one's investment portfolio — and are neither viable stores of value nor effective currencies.

The group has «9 million credit card customers that it will block any attempts to buy bitcoin after the digital currency lost more than half its value in just two months,» the Telegraph reported, noting that debit cards are unaffected and customers can continue to buy cryptocurrencies using them.

Goldman Sachs» Head of Technical Strategy, Sheba Jafari, predicted in a note that was sent to the bank's clients on July 2, that the digital currency would see another drop before rallying to an even greater value towards the end of the year.

In his statement, he noted: A currency serves as a predictable store of value, and serves as a medium of exchange that's pretty stable in value as well — bitcoin isn't there yet, they're still trying to find stability so

So when one receives a bitcoin, a note should be made of that coin's USD value (or whatever currency) as a cost basis for tax reporting.

JPMorgan, a New York - based institution with a history that is far from pro-crypto, claimed in a wide - ranging note to clients that cryptocurrencies only make sense as a hedge in one's investment portfolio — and are neither viable stores of value nor effective currencies.

Citing historical examples where governments failed to maintain the value of their fiat currencies, she noted bitcoin's value is partly derived from a lack of reliance on central bank backing, as some of the cryptocurrency's investors may have «more faith in technology than in their government.»