#Hong Kong News

Press Release

Promotion company “KINGS ASIA” Being Incorporated in Hong Kong

October 8, 2018 by Guest Post at Press Releases

“KING” is scheduled to be listed on Exchange in mid-October. KINGS GROUP, which engages in the development of resorts and exclusive membership sales in Asia region, has set up a new entity in Hong Kong to help promote “KINGS.” The announcement was made at the privately held event in Beijing...

Hong Kong: Cryptocurrency Startups Splurge on Rent to Attract top Talent

October 1, 2018 by Cindy Huynh at Bitcoin, Business, Exchange, Finance, News, Platform

Despite the bearish cryptocurrency market, cryptocurrency exchanges and investment funds are proliferating and keen to attract talent by renting out the priciest top-tier office buildings in Hong Kong. According to a South China Morning Post report published on September 28, 2018, these offices in Hong Kong’s Central District are even...

The Journey of Brendan Blumer: From Magic Swords to EOS Founder

September 26, 2018 by Priyeshu Garg at Altcoins, Blockchain, Finance, News

As a co-founder of the world’s largest initial coin offering (ICO), Brendan Blumer is a familiar name in the global blockchain and crypto community. The fact that his barely two-year-old startup Block.one has so far managed to raise approximately $4 billion in an ICO is in itself a testimony to...

Hong-Kong Based Blockchain Firm Set to Raise $12.7 Million to Finance Yen-backed Stablecoin

September 19, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, Finance, News, Regulation

Grandshores Technology Group, a Hong-Kong based real estate firm turned blockchain investor, is set to raise HKD 100 million ($12.7 million) to finance a Japanese Yen backed cryptocurrency project The South China Morning Post reported on September 18, 2018. From Real Estate to Blockchain Investment Formerly known as SHIS Ltd.,...

Blockchain Incubator SmartUp Receives Funding from D Capital and Soul Capital

September 14, 2018 by Cindy Huynh at Blockchain, Development, Investment, News, Tech

SmartUp, a Hong Kong-based blockchain incubation platform announced on September 13, 2018, that they received an undisclosed sum from D Capital and Soul Capital. The additional funding will help SmartUp build a global blockchain incubating ecosystem to aid blockchain-related startups with support, financing, consulting, and lead investing. Investment from Institutional...

Asia’s First Cryptocurrency Visa Debit Card Set to Launch in Singapore

September 7, 2018 by Aisshwarya Tiwari at Adoption, Altcoins, Bitcoin, Business, Finance, Investment, News

Hong Kong-based blockchain start-up named Crypto.com is set to launch Asia’s first cryptocurrency enabled Visa debit card. Per a report on South China Morning Post on September 5, 2018, the firm's partner bank has plans to issue 100,000 cards globally over the next two months, starting with Singapore. The debit...

Chinese Bitcoin Mining Rig Makers Set to Make Billions with IPO Plans

August 30, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, Investment, News

The big three in the world of bitcoin mining equipment manufacturers are all planning to list in Hong Kong and raise billions of dollars in the process. An August 27, 2018, Reuters report examined how Bitmain, Canaan Creative, and Ebang are going about their billion dollar IPO plans. At a...

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 contributor 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...

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