Quote from: MrJeans on July 28, 2015, 07:29:08 pm

Quote from: MarkLyford on July 21, 2015, 03:04:45 pm

Quote from: Erlich Bachman on July 21, 2015, 03:02:19 pm

"the first government to legally recognize a digital asset"

that's pretty deep

Thats what I am aiming for mate ...

Sorry to keep harping on about this. I'm really interested to see how it will work out.

Would it not cause more issues if the legal entity issuing the digital assets is in a country where the digital assets are legally recognized. Because then you will be allowing the anonymous trade of legally recognized assets and you wont be monitoring users/customers for activity and therefore cannot comply with reporting standards, AML, KYC regulations and laws.

there's going to be some pain here while the world's legal systems play catchup with the new crypto reality. good luck to all the first movers here and early investors willing to take some risk.

We have only ever sold Banx shares to private investors and we are UK and Hong Kong based.

Quote from: MarkLyford on July 27, 2015, 10:30:36 am

Hi Everyone,

I'm pleased to announce we have two markets for BTS on Banx.io now:

https://www.banx.io/trade?c=BANX&p=BTC

https://www.banx.io/trade?c=BTS&p=BANX

Thanks

Mark

I assume you meant to share the 1st link as: https://www.banx.io/trade?c=BTS&p=BTC (not BANX)

This is good news.. another on/off ramp for BTS and an easy pathway for bitshares holders who want to hold BANX as well.

Apologies , indeed , I have corrected the error

Hi Everyone,

I'm pleased to announce we have two markets for BTS on Banx.io now:

https://www.banx.io/trade?c=BTS&p=BTC

https://www.banx.io/trade?c=BTS&p=BANX

Thanks

Mark

"the first government to legally recognize a digital asset"

that's pretty deep

Thats what I am aiming for mate ...

pleasure mate, more videos featuring BTS 2.0 will be coming out shortly

Quote from: MarkLyford on July 09, 2015, 09:03:07 am

Quote from: cylonmaker2053 on July 08, 2015, 11:14:03 pm

Quote from: MrJeans on July 08, 2015, 09:38:40 pm

Quote from: cylonmaker2053 on July 08, 2015, 05:23:18 pm

Quote from: Murderistic on July 08, 2015, 05:14:13 pm

That's the plan.

Don't worry, we have something cool in store that is very much like what you have described.

Are you hiding in my office?   

excellent, well good luck! looking forward to hearing any news updates.

Oh man, now you have to give me some in-site here.
I've really been trying to wrap my head around how this could be done legally.

I am also meeting some some high powered lawyers (which I am lucky/unlucky enough to know) to discuss this stuff on the 21st.

Do your ideas involve any changes in code or are they business structuring ideas. PM me please!

i'm guessing the fix is to go offshore to a reasonably peaceful jurisdiction. Isle of Man seems friendly enough to crypto...

Murderistic & I have a meeting planned soon with a government jurisdiction to address this issue. Watch this space

Great stuff. It would be good to know the outcome.
Wouldnt there still be an issue because you are allowing for the international trade of theses shares/tokens/depository recipes.
Therefore while you may not be conducting illegal activity in that jurisdiction, does it not put you in regulatory hot water on an international level.

Eg. You find a jurisdiction that is happy with everything. You issue shares as crypto currency. They are traded internationally. The US throws a tantrum because the NSA says people are now using the shares to fund terrorism. The next time you go to the US they not so friendly.

Well the theory is that a digital block chain asset is no difference to a bearer share, which some jurisdictions still have, (bearer share being an instrument that is on its own verification of company ownership)

The US already don't like mate mate

I see Credit Card payment is coming soon
Are you planning to open a BitAssets gateway?

yes mate

Quote from: MarkLyford on July 07, 2015, 10:05:22 am

New Banx Update Video >> http://banxcapital.com/banx-update-6th-july-2015

hmm .. interesting ..
seems you guys are assuming BitShares 2.0 to be ready by september ..
that would be .. awesome

we hope so