News
Chinese blockchain project BSN comes to Turkey and Uzbekistan after launching the BSN Hong Kong and Macau portal.
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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.
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Bitmain plans to identify green energy mining opportunities from power generation projects in Chinese provinces.
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The venture seeks to utilize sustainable energy practices throughout the operation process.
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A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022.
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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
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The firm uses the Ethereum blockchain to allow traders to invest as little as $150 in expensive real estate properties.
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Crypto businesses in Hong Kong need to have a local license and are restricted to offer services only to professional investors.
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Global Shipping Business Network launched a new blockchain-based platform to digitize the shipping process and sought out key partnerships to target the Asian markets.
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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 class for various reasons.
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Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users.
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Aspen Digital aims for the Europe, Asia and Middle Eastern markets, leading the initiative by establishing headquarters in London and Singapore.
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Hong Kong landmarks like the Kowloon Walled City will be tokenized and showcased in The Sandbox Ethereum-based metaverse.
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Meitu has reported losses of $17.3 million on its Bitcoin holdings, with its Ether investment having gained $14.7 million despite the recent crypto downturn.
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When 20 years of pro-democracy journalism is under threat, blockchain's potential for censorship-resistance is brought into focus.
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A Thai firm claims that Bithumb’s Hong Kong subsidiaries caused it serious damage by unilaterally halting its business in Thailand.
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