#Hong Kong

Beijing-Based Bitmain Loses Its Edge, While BitMEX Rents out the World’s Most Expensive Office

August 23, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Mining, News

Bitmain, China’s cryptocurrency mining manufacturing giant will be facing fierce competition from makers of rival cryptocurrency mining equipment. While the company eyes a landmark initial public offering (IPO), Bitmain may be in trouble as the demand for cryptocurrency mining falls and new competitors emerge in the market. Although the cryptocurrency...

Hong Kong: Universities Receive $20 Million for Blockchain and Fintech Research

August 17, 2018 by Shaurya Malwa at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

Hong Kong’s push for implementing blockchain technology within its fintech prowess is fast progressing. The island country granted $20 million for the research and development of blockchain-based payments systems to several local universities, as reported by China News on August 12, 2018. Hong Kong’s Blockchain Push Hong Kong’s lack of...

Hong Kong Cryptocurrency Exchanges to Receive new Regulations

Restaurants and Cafes To Soon Hong Kong Integrate Cryptocurrency Payments

July 16, 2018 by Joseph Young at Adoption, Altcoins, Blockchain, Business, Development, Finance, News

Pundi X, a crypto Point of Sale (PoS) machine and network developer, has secured a deal with FAMA Group to supply crypto PoS machines to restaurant chains and cafes across Hong Kong. In an interview with local publication iNews24, Pundi X co-founder and CEO Zac Cheah said stated the high adoption rate...

World’s Oldest Bitcoin Exchange BTCC to Launch New Platform: Introduce Suite of New Features

May 31, 2018 by Shaurya Malwa at Altcoins, Business, Finance, News, Tech

The world’s first bitcoin exchange has announced plans to launch an upgraded platform in June 2018, in addition to introducing trading pairs for several cryptocurrencies. Zero Fee Trading BTCC, the Hong Kong-based digital asset exchange, announced via an official statement on May 24, 2018, about plans to launch an upgrade....

Hong Kong Gangsters Not Interested in Cryptocurrencies

May 3, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, News, Regulation

The Money Laundering and Terrorist Financing Risk Assessment Report released by the Hong Kong Financial Services and Treasury (FSTB) has concluded that cryptocurrencies are not a tool employed by the island’s criminal fraternity. Hong Kong is currently witnessing stern discourse around whether the city is doing enough to combat financial...

Hong Kong Banks Plan Mortgage Valuations on Blockchain

October 21, 2016 by Lori Brown at Business, News, Tech

In a bold and encouraging move forward, HSBC along with The Bank Of China Hong Kong have publicly addressed their plans to implement blockchain technology in select mortgage services and property valuation models by mid-November 2016. This veer towards the brilliant blockchain “Tech-topia” is a result of the substantial resistance...

Pages: 1 2 3 4