BEGIN:VCALENDAR X-WR-TIMEZONE:US/Eastern DTSTART:20180130T130000 DTEND:20180130T140000 VERSION:2.0 LOCATION:OnlinePRODID:-//Training Doyens //EN METHOD:REQUEST BEGIN:VEVENT UID:20180130T000000-1549671327-example.com DTSTAMP:20180130T000000 DTSTART;TZID="US/Eastern":20180130T130000 DTEND;TZID="US/Eastern":20180130T140000 SUMMARY:Bitcoin: Fear, Uncertainty, and Doubt (FUD) DESCRIPTION: Bitcoins have gotten much more traction than early detractors and pundits expected. With that reality, what do banks need to do, if anything, to prepare for their existence and surprising acceptance? This session will present the fundamental workings of virtual currencies with an emphasis on bitcoin and the current state of the regulatory front.  We will get your thinking caps energized as to how bankers might approach virtual currencies and some thoughts about what the future might hold for bitcoin.  It appears that Bitcoin and blockchain are here to stay – what does that mean to your institution?  Banks are pumping huge amounts of money into systems designed to prevent money laundering, but the blockchain could help by recording each leg of a transaction, making its ultimate destination easier to trace. Once you understand the fundamentals, you will be able to determine what this means to your institution. PRIORITY:3END:VEVENT END:VCALENDAR