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Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
17.7.2020
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying...
Hong Kong Citizens Turn to Stablecoins to Resist National Security Law
15.7.2020
Hong Kong's national security law enables the government to seize and confiscate assets if one commits a "political crime." Some local citizens are turning to stablecoins for protection, while exploring other decentralized technology to resist censorship
Hong Kong’s National Security Law Could Threaten Local Crypto Brokerages
8.7.2020
The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy
60 Hong Kong-Based Vending Machines Support McAfee’s Ghost Token for Payments
30.6.2020
On June 28, 2020, the team behind Ghost Coin revealed a partnership with the digital currency payment processor Ivendpay. Ghost is a project led by the notorious John McAfee and according to the recent announcement, 60 vending machines in Hong Kong will support the privacy-centric coin...
Ghost Coin to be Deployed as Payment for Hong Kong Vending Machines
29.6.2020
John McAfee-backed privacy coin Ghost Coin partners with ivendPay as a payment option for Hong Kong vending machines
The Tokenization Revolution Starts With Gold
22.6.2020
Gold is a traditional safe harbor in a crisis and the blockchain-based version is a good way to start taking advantage of tokenization
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
13.6.2020
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out...
Bitfinex Hackers Move Another $4.1 Million Bitcoin in Their Biggest Pay Day Yet
12.6.2020
Cyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring the equivalent of $4.1 million in bitcoin to an unknown wallet address. Crypto tracking tool Whale Alert reports that hackers moved 416 bitcoin (BTC) on June 11. The funds, valued at $4.1 million...
40% of New Fintech Firms in Hong Kong Operate With Blockchain
7.6.2020
Nearly 40% of new fintech firms to launch in Hong Kong over the past year are operating in the blockchain sector
A Number of Hong Kong Vending Machines Support Bitcoin Cash Payments Over BTC
4.6.2020
Just recently, cryptocurrency evangelist Roger Ver shared a video on Twitter that shows a number of vending machines in Hong Kong that accept bitcoin cash and ethereum, but not bitcoin. A bunch of people got upset at the Tweet, including the crypto-pundit Tone Vays because they couldn’t deal...
Blockchain Is Part Of China’s Master Plan for New Competitor Island to Hong Kong
2.6.2020
China’s master plan for making Hainan a free trade island encourages institutions to use blockchain in transforming government function
Blockchain Firms Flocked to Hong Kong in 2019: Report
2.6.2020
Blockchain firms led the charge of fintech companies that relocated to Hong Kong in 2019
Hong Kong Vending Machines Choose BCH over BTC
30.5.2020
Bitcoin Cash (BCH) proponent Roger Ver says that he did not pay for a Hong Kong vending machine to avoid offering Bitcoin (BTC) as a payment option
ViaBTC Group Announces Strategic Upgrade to Advance Innovation and Improve Customer Experience
30.5.2020
Hong Kong, 30 May, 2020 – ViaBTC Group, an innovative technology company specialized in blockchain and dedicated to providing users with comprehensive digital asset management services, today announced a strategic upgrade, which included a new organizational structure, product innovations...
CoinEx Announces Global Strategic Partnership with Matrixport to Provide Over-the-counter Service
28.4.2020
Hong Kong, 27 April, 2020 – CoinEx, a global and professional cryptocurrency exchange service provider, is pleased to announce its new global strategic partnership with Matrixport, the one-stop digital asset financial service platform span off from Bitmain. This partnership allows...
Hong Kong’s First Regulator-Approved Bitcoin Fund Targets $100M Raise
20.4.2020
Hong Kong's Securities and Futures Commission has approved a bitcoin index fund from Arrano Capital, one aimed solely at institutional investors
Hong Kong’s First Approved Crypto Fund Seeks $100M Target
20.4.2020
Hong Kong’s financial regulatory agency has issued few if any crypto licences, but Arrano Capital was granted one on April 20
Custody Startup Curv Follows Crypto Demand Into Asia With New Hong Kong Office
17.4.2020
Custody startup Curv has expanded into Asia with an office in Hong Kong and a partnership with Japan-based Crypto Garage, the companies announced Friday
Hex Trust Becomes First Licensed Digital Asset Custodian in Hong Kong
1.4.2020
Hong Kong-based digital asset custodian Hex Trust announced on Wednesday that it had become the first licensed company from the country to be integrated with the R3 network’s Corda platform. In a post on Medium, it stated that the move has enabled R3’ blockchain into Hex Trust’s custody solutions...
Institution-Focused Crypto Trading Platform Reports 737% Revenue Increase in 2019
31.3.2020
BC Group revealed that its OSL digital assets trading platform had been its largest 2019 earner, accounting for 44% of the Group’s revenues — up from just 6% in 2018