Sentences with phrase «virtual currency environment»
Requiring exchange services between cryptocurrencies and fiat currencies and custodian wallet providers will not fully address the issue of anonymity of cryptocurrency transactions since the virtual currency environment will largely remain anonymous since users can also transact without these providers.
http://www.bitcoinprice.com/ Not exact matches
Additionally, California should be careful to avoid creating an environment where its residents do not have access to the useful services that virtual currency businesses can provide.
3 In contrast to real currency, «virtual» currency is a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currency.
Virtual currency transactions may therefore become more credible through the improvement of the market environment as a result of the Act.
Through paperTRADE, investors can get hands - on practice trading virtual currency in a live market environment — a perk that makes OptionsHouse stand out among its peers.
In some environments, it operates like «real» currency — i.e., the coin and paper money of the United States or of any other country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance — but it does not have legal tender status in any jurisdiction...... Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as «convertible» virtual cuVirtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as «convertible» virtual cuvirtual currency.
Mining for virtual currencies like bitcoin may not be as messy as its real - world equivalent, but the supply of electricity needed to cool the massive computing power that produces the currency means it has also developed a reputation for harming the environment.
In contrast to real currency, «virtual» currency is a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currency.
«In some environments, virtual currency operates like «real» currency - i.e., the coin and paper money of the United States or of any other country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance - but it does not have legal tender status in any jurisdiction.
In some environments, virtual currency operates like «real» currency — i.e., the coin and paper money of the United States or of any other country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance — but it does not have legal tender status in any jurisdiction.
The government is currently crafting the «Virtual Currency Act» to foster a conducive environment.
Once the transactions reach the nodes in the blockchain, the miner gets rewarded with crypto coins, which can later be converted into fiat currencies or used in the virtual environment for other investments.
«We're seeing a lot of interest from the bitcoin space as people can see that the trust of identity that exists within the traditional financial services environment can be applied to the virtual currency market.»
«The government plans to prevent the occurrence of similar damages and to provide an environment for safe service utilization through inspection of companies handling virtual currencies.»
To some extent such education will be genuinely helpful, with the KBA's chairman, Chin Dae - jae, saying, «I will also take the initiative to create an environment where investors can learn how to use virtual currency.»
They would encounter problems such as «time delays, complicated account management, and language barriers,» the news outlet noted, adding that Upbit will eliminate these problems and will therefore «raise the domestic virtual currency trading environment to a world - class level.»
He clarified that the Philippine Central Bank will review the Circular Letter # 471 «to define the regulatory environment of virtual currencies in the Philippines.»
Using its own virtual currency that trades 1:1 with the Yen in a secure environment could potentially provide better tracking and control of the exchange of funds, and eliminate some of the expenses associated with the exchange of paper - based currency.
The token or virtual currency used by the bank for its experiments trades 1:1 with the Yen and helps better understand the funds exchange process in a secure environment.