Sentences with phrase «virtual coins»

Do not worry, sir, politicians have also been using virtual coins in place of cash to invest in the property.

Policy on exchanges: Legal but use of anonymous bank accounts for virtual coin trading is prohibited.

In the world of bitcoins, every exchange or transaction made by using virtual coins should be added to a blockchain or bitcoin ledger.

The fear there is that people might buy bitcoin and other virtual coins on credit, then be unable to pay the banks back due to depreciation in the value of the cryptocurrencies.

After all, bitcoin is the largest virtual coin by market cap, and frankly it's the only one most of the public has probably heard about.

The track record of companies issuing virtual coins does not inspire confidence.

There is also the risk of identity thieves stealing credit cards and using them to buy virtual coins and banks being unable to get their money back.

After all, bitcoin is responsible for almost 35 % of the aggregate cryptocurrency market cap and is the world's most popular virtual coin among investors and merchants.

It would be hard to explain receiving thousands from selling virtual coins in a game.

Traditional institutions haven't been willing to purchase virtual coins through these channels, leaving retail investors in charge.

Nevertheless, the new update seems useful while considering small virtual coins like stellar and verge, as biases can directly affect people's opinions.

After all, there has to be a way to ensure that the same virtual coin isn't being spent twice.

Virtual coins begin to be integrated in everyday life more and more.

The decision to ban cryptocurrency purchases with certain credit cards follows the sharp decline virtual coins have suffered after going through the roof at the end of last year.

With the recent cryptocurrency market performance, you may be sitting on some profitable virtual coins.

But there are many lesser known virtual coins, too; literally thousands of them.

During the process of ICO, investors and active supporters will be buying some part of the distributed virtual coins using fiat / cryptocurrency.

Despite the recent popularity of cryptocurrencies, it's important for investors to understand the continued risk associated with investing in a decentralized virtual coin that, in many cases, is unproven.

To comply with current legislation, cryptocurrency owners will be obliged to pay the 25 % capital gains tax every time they sell virtual coins.

After all, there are logistics involved, such as making sure that the same virtual coin isn't being spent twice.

It banned the use of anonymous bank accounts for virtual coin trading as of Jan. 30, but said it does not intend to go as far as shutting down domestic exchanges.

Bitcoin is defined as virtual coin which stores its money on its own without any central authority.

South Korean authorities this week sent global bitcoin prices temporarily plummeting and virtual coin markets into turmoil when the justice minister, Park Sang - ki, said regulators were preparing legislation to halt cryptocurrency trading.

The official added that prosecutors will decide whether to issue arrest warrants for the detained exchange employees, adding they planned to investigate other virtual coin exchanges for possible crimes.

However, according to Stefan Thomas, CTO of the company, XRP is faster and more accessible at the fractions of only pennies — it takes just 3 seconds for a transaction when compared to other virtual coins on the market.

The widely - telegraphed move is designed to stop virtual coins from being used for money laundering and other crimes.

Last month it introduced a new cryptocurrency index fund, allowing people to invest in virtual coins such as Bitcoin through the fund, rather than buying them directly.

However, the government has not finalized plans to ban virtual coin exchanges, Reuters reports.

The day after Apply Advanced Mobile Technologies announced its agreement, Apollo Power (TASE: APLP) reported success in a trial for mining virtual coins based on Blockchain.

Many virtual coin miners have been built to leverage the graphics processing unit (GPU) in infected endpoints, better known as the computer's video card, not CPUs.

«In the simulation carried out as part of the trial, it was found that it was possible to integrate into the system a dedicated component for carrying out the calculation, enabling users of the system to produce and collect virtual coins daily.

SEOUL (Reuters)-- South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, regulators said on Tuesday in a widely telegraphed move designed to stop virtual coins from being used for money...

And when I say virtual coins, I pretty much mean «bitcoin.»

As the day unfolds, virtual coins hemorrhage billions of dollars in value.

The financial institution won't be dealing with blockchain - based bitcoin or any other altcoin, instead, it intends to launch its own virtual coin for speeding up the processing time of a transaction and facilitating the profit from art objects.

They can then earn virtual coins to exchange for agreed - upon rewards — an allowance, TV time, etc..

The implementation of this new account system effectively ends «the use of anonymous bank accounts in transactions to prevent virtual coins from being used for money laundering and other illegal activities,» Yonhap reported.

SEOUL (Reuters)- South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

These measures will close the loophole that allowed Chinese citizens trading virtual coins after the country's authorities banned cryptocurrency exchanges and blocked access to the platforms that offered similar services.

Stories about SEC demanding online tradition platforms to be regulated as exchanges and Japanese regulators coming down heavily on local cryptocurrency operators sent most virtual coins below crucial support levels.

The steps will include a ban on opening anonymous cryptocurrency accounts and new legislation to allow regulators to close virtual coin exchanges if needed, a measure recommended by the justice ministry, the statement said.

The payment processor MasterCard have reportedly reclassified customers» cryptocurrency purchases as «cash advances,» leading to an extra 5 % fee on purchases of virtual coins made via credit card.

For hackers to gain control of a PoS - backed network, they'd need to control 51 % of all outstanding virtual coins, which could get quite expensive.

The explanation for this is the huge amounts of aids one can get by utilising this astonishing virtual coin.

Apollo Power notified the stock exchange of a successful trial of the solar power system it is developing, and added, «During the trial, an Etherium virtual coin was mined using the system.»