Blockchains and Bagels: the morning market update to get you ready for the day ahead. Today, Nasdaq holds a closed-door meeting in Chicago with industry stakeholders to discuss regulation and market surveillance.
Nasdaq gathered a group of both traditional and digital asset exchanges in Chicago for a discussion on policing the market. The meeting focused on the future of regulation and the tools necessary to monitor the markets.
The company expects the mining facility to go live in September with 60MW of usable power for mining rigs. The facility will house DMGs machines as well as additional miners for their Mining-as-a-service offering.
Google has banned apps that mine digital assets on mobile phones. Similar to Apple, the company has updated the Play Stores policies to remove any mobile applications that mine digital assets on users phones.
The JVCEA, a self-regulatory body, has proposed a 4-to-1 limit on margin trading for digital currencies. The organization believes the lower limit provides better risk control when compared to the existing standard of 25-to-1, borrowed from foreign exchange trading.
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