The difference between the interest rates set by the Fed and BOC will affect the value of the USD and CAD when compared to each other. In Canada, the Bank of Canada (BOC) and its Governor are responsible for setting monetary policies, printing money and setting the Canadian banks’ interest rates eight times in a year. dollars in circulation is controlled by America’s central bank – the Federal Reserve Bank (FED) while the Federal Open Market Committee (FOMC) oversees the nation’s open market operations and sets the interest rates eight times per year, determining the value of the US currency. The value of the USD/CAD currency pair is quoted as 1 U.S. Sometimes it is referred to as the ‘Loonie’, due to the Canadian one dollar coin which depicts the image of a loon. This pair tells the trader how many Canadian dollars (CAD – the Quote currency) are needed to purchase one U.S. Vincent & the Grenadines.The USD/CAD is among the top ten most popular currency pairs in the forex market and it is part of the ‘Majors’ category. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent & the Grenadines under company number 12 with its registered office at First Floor, First St. SMART MARKET TRADER LLC is a limited liability company registered in St.
25032 (2) registered with FINTRAC (Canada) as a Money Services Business under the registration number M20055258 (3) registered with FinCEN (USA) as a Money Services Business under the registration number 31000177055071. Currency Com Limited is (1) authorised by the Gibraltar Financial Services Commission as a DLT Provider under the Financial Services Act 2019. As the attitude of different states (their regulators) to token transactions (operations) and approaches to their legal regulation differ from jurisdiction to jurisdiction, there is a risk that contracts between Currency Com Bel LLC and its clients or their particular terms and conditions may be invalid and (or) unenforceable in certain states.Ĭurrency Com Bel Limited Liability Company is a cryptoplatform operator (cryptoexchange) and carry out activities using tokens.Ĭurrency Com Limited is a limited liability company registered in Gibraltar with company number 117543 having its registered office at Suite 23, Portland House, Glacis Road, Gibraltar, GX11 1AA.
Certain tokens sold by Currency Com Bel LLC may be of value only when using the information system of Currency Com Bel LLC and (or) the services rendered by Currency Com Bel LLC.Ħ. The distributed ledger technology (blockchain), other distributed information system and similar technologies are innovative and constantly updated, which implies the need for periodic updates (periodic improvement) of the information system of Currency Com Bel LLC and the risk of technical failures (errors) in its operation.ĥ. Acquisition of tokens may lead to complete loss of funds and other objects of civil rights (investments) transferred in exchange for tokens (including as a result of token cost volatility technical failures (errors) illegal actions, including theft).Ĥ. Digital signs (tokens) (hereinafter referred to as “tokens”) are not legal tender and are not required to be accepted as a means of payment.ģ. We hereby warn about the following risks:ġ.