Hong Kong News
Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is an administrative district of China and one of the leading economic centers not only in Asia, but in the world. The main feature of the district is that it has the right to craft its own legislation. The economy of the territory has a free market, low taxes and governmental non-interference, all of which attracts people to use virtual currencies on the market. The attitude toward cryptocurrency differs between China and Hong Kong, as the first one has banned both the use of digital currencies as a payment and conducting ICO. In Hong Kong, there has not yet been any regulation of Bitcoin and the government doesn’t see any necessity for implementing any. The cryptocurrency market in Hong Kong has various platforms and projects, which makes this area very decent for related businesses.
Marty Bent, co-founder of Bitcoin mining firm Great American Mining, is glad to be hodling Bitcoin as uncertainty hangs over the legacy financial system
Evergrande crisis: Buy the dip or bail? Pundits weigh in
The firm uses the Ethereum blockchain to allow traders to invest as little as $150 in expensive real estate properties.
Thai SEC issues license to Ethereum-based real estate project
Crypto businesses in Hong Kong need to have a local license and are restricted to offer services only to professional investors.
Hong Kong landlords lease to crypto exchanges following regulatory clarity
Global Shipping Business Network launched a new blockchain-based platform to digitize the shipping process and sought out key partnerships to target the Asian m...
New blockchain platform aims to track one-third of all shipping containers globally
Investing in Bitcoin and other cryptocurrencies could become more restrictive for residents of Hong Kong as local regulators look to clamp down on the asset cla...
Hong Kong securities official proposes stricter oversight of crypto trading
Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users.
Binance to restrict derivatives trading for Hong Kong users
Aspen Digital aims for the Europe, Asia and Middle Eastern markets, leading the initiative by establishing headquarters in London and Singapore.
Rothschild’s trust led funding round for Aspen Digital’s London expansion