Blockchains and Bagels: the morning market update to get you ready for the day ahead. Today, Consensus 2018 launches with panelists speaking on various topics including decentralized exchange, mining and regulatory concerns.
Market attention has turned to Coindesk’s Consensus conference as members of the digital asset community converge in New York City. Panels cover all topics from regulatory concerns, network governance and mining.
The country has issued a royal decree declaring digital currencies and tokens as assets. Digital assets will fall under the regulatory mandate of the country’s Securities Exchange Commission. Broker’s must register in order to trade digital assets and anyone that transacts with an unregistered broker could face up to two years in jail and monetary fines.
Rob Jesudason has resigned from his role as the CFO of Australia’s Commonwealth Bank. He will be joining Block.one, the group behind EOS, as President & COO at the end of the year.
The online bank will allow small businesses to borrow up to EUR$50,000 and use the Bitcoin blockchain to transfer funds. The company will borrow in fiat to purchase Bitcoin to facilitate the capital transfer across borders. When the Bitcoin transaction is verified it will then sell the Bitcoin for fiat to lend to its client.
Interested in trading digital currencies? Coinsquare is Canada’s most secure platform for buying and selling Bitcoin, Litecoin, and other digital currencies.
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