Blockchains and Bagels: the morning market update to get you ready for the day ahead. Today, Quebec lifts moratorium welcoming miners to the province while Block.one sets new record with US$4 billion token sale.
The Province is reversing its stance on digital asset mining and will look to capitalize on supplying power. The government will regulate the sale of energy with more accommodative policy than the current prohibition.
Block.one’s EOS token offering has raised US$4 billion, eclipsing Telegram’s previous record of US$2 billion, over a year-long sale. The company is looking to build a decentralized operating system on top of the Ethereum network.
The government policy enacted in April has come into effect, banning the imports of graphics cards, computers and ASICs. Customs officials will confiscate all equipment at the border. The policy comes into place as Venezuelans seek an alternative store of value through the currency crisis.
Huobi representatives have confirmed an expansion into Brazil. Rumors arose after executives were seen at local digital asset events. Brazil adds to the list of prospective international offices, including Canada and the United States.
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