Digital Payment Tokens definition

Digital Payment Tokens refers to “digital payment tokens” as defined in the Payment Services Act. “Digital Token” includes Digital Payment Tokens and Security Tokens.
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Digital Payment Tokens means any “digital payment token”, as defined in the Payment Services Act (No. 2 of 2019) of Singapore, which are available for trading on the Trading System, as may be added, removed or replaced from time to time.
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Examples of Digital Payment Tokens in a sentence

  • Direct and indirect taxes such as income or capital gains, stamp duty, sales, goods and services, or value-added taxes may be imposed on transactions in Digital Payment Tokens and/or Security Tokens.

  • Investors are recommended to seek specific tax advice to understand the tax treatment of their investments in Digital Payment Tokens and/or Security Tokens.

  • It is possible that certain jurisdictions will apply existing regulations on, or introduce new regulations addressing, blockchain technology, which may be contrary to the Security Tokens and/or Digital Payment Tokens and which may, inter alia, result in substantial modifications of the sale and/or use of the Security Tokens and/or Digital Payment Tokens, including termination and the loss of the Security Tokens and/or Digital Payment Tokens.

  • The Exchange may delegate or sub-contract the performance of any of its functions in connection with the Channels, Security Tokens and/or Digital Payment Tokens.

  • The value of cryptocurrencies and other Digital Payment Tokens can be unpredictable and may fluctuate significantly over a short period of time as a result of various factors, including market dynamics, regulatory changes, technical advancements, and economic and political factors.

  • Any Internet access or telecommunications services (such as mobile data connectivity) required by any Member/Issuer to access and use the Security Tokens and/or Digital Payment Tokens shall be such Member/Issuer’s sole responsibility and shall be separately obtained by such Member/Issuer, at its own cost, from the appropriate telecommunications or internet access service provider.

  • The tax treatment of an investment in Digital Payment Tokens and/or Security Tokens is uncertain and varies as between jurisdictions.

  • The Security Tokens and/or Digital Payment Tokens may be targeted by hackers or malicious groups or organisations who may attempt to interfere with the Security Tokens and/or Digital Payment Tokens and/or the sale/purchase of the Security Tokens and/or Digital Payment Tokens (as the case may be) or steal the Security Tokens and/or Digital Payment Tokens in various ways, including malware attacks, distributed denial of service, consensus-based attacks, Xxxxx attacks, phishing, smurfing and hacking.

  • The Exchange shall have no contractual relationship with any Member for the sale and purchase of the Digital Payment Tokens by Members.

  • All settlement of trades occurs outside the Exchange and the Exchange is not responsible for the settlement of trades of the Security Tokens and/or Digital Payment Tokens on the Trading System.

Related to Digital Payment Tokens

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Premium payment plan means a benefit plan whereby state and

  • Machine gun means any firearm known as a machine gun,