Hong Kong

Hong Kong Securities Regulator Says Raising Capital Is Job For VCs, Not ICOs

1 month ago kakp2 Comments Off on Hong Kong Securities Regulator Says Raising Capital Is Job For VCs, Not ICOs
The head of the Hong Kong Securities and Futures Commission (Hong Kong SFC) said during a speech on April 13 on “New Technologies and Asset Management” that the type of fundraising conducted through Initial Coin Offerings (ICO) is better suited to venture capital funds. Julia Leung, who is also the chair of the 2016 established Read More

Bitcoin This Week: The CLOUD Act Generates Concern, QuebecHydro Declines New Bitcoin Miners And More

2 months ago kakp2 Comments Off on Bitcoin This Week: The CLOUD Act Generates Concern, QuebecHydro Declines New Bitcoin Miners And More
Today on Bitcoin This Week: we discuss the recent concerns around the CLOUD Act and the related consequences in the industry, Quebec Hydro declines new Bitcoin miners establishing operations in the city, Bitcoin prices and more. Million Dollar Bitcoin Student Drug Ring It was reported through the DailyMail that four Manchester University students in the Read More

Crypto Exchange Lists the Blockchain Startup Protecting Autonomous Cars

2 months ago kakp2 Comments Off on Crypto Exchange Lists the Blockchain Startup Protecting Autonomous Cars
Hong Kong-based OKEx became the first crypto exchange to list the South Korean high tech startup Cube, as was announced on Feb. 28. Cube’s team recently revealed its project that will protect network security designed for driverless cars and autonomous vehicles, by use of Blockchain technology. As OKEx representatives told Cointelegraph, the exchange is listing Read More

“Big Four” Accountancy Firm PwC Now Accepts Bitcoin Payments

6 months ago adcity Comments Off on “Big Four” Accountancy Firm PwC Now Accepts Bitcoin Payments
The Hong Kong office of auditing and accountancy firm PricewaterhouseCoopers (PwC) has started accepting Bitcoin as payment for its professional services. The company noted that the first Bitcoin payments it accepted was from local companies involved in digital currencies and Blockchain technology. According to PwC Asia-Pacific chairperson Raymund Chao, their decision to accept Bitcoin as Read More

Starting this weekend, China celebrates its “open” internet after a year of unprecedented censorship

6 months ago adcity Comments Off on Starting this weekend, China celebrates its “open” internet after a year of unprecedented censorship
On Dec. 3, researchers, business leaders, and government officials from all over the world will head to the scenic town of Wuzhen in east China for the three-day World Internet Conference. Past attendees include Wikipedia founder Jimmy Wales, LinkedIn co-founder Reid Hoffman, Facebook vice president Vaughan Smith—and high-level officials from Russia, Pakistan, and Tajikistan. Despite Read More

How old is too old to stay in a hostel?

6 months ago adcity Comments Off on How old is too old to stay in a hostel?
For the first half of my twenties, I almost completely avoided hostels. With the exception of some study abroad stints in “backpackers,” as they’re called in South Africa, the years of my youth that would typically be associated with dorm life coincided with the rise of Airbnb. But as I get closer to turning 30, Read More

Hong Kong Bitcoin Businesses are Frozen Out of Banking

6 months ago adcity Comments Off on Hong Kong Bitcoin Businesses are Frozen Out of Banking
Finance Hong Kong legacy banking outlets are making it difficult, if not impossible, for bitcoin-related businesses to run smoothly. Reports from the Chinese region include denial of accounts, freezing existing accounts, and long waits for approval — all without explicit reason.  Also read: Life After China’s Exchange Ban – an Interview with Hong Kong-based Binance Read More

What Happens When Traders Quit Stock Exchanges for Online Trading

7 months ago adcity Comments Off on What Happens When Traders Quit Stock Exchanges for Online Trading
Hong Kong’s stock exchange has become the first to close down its physical trading floor after 31 years. Because of the changing nature of markets, Hong Kong may just be the first of many to follow this route. The rationale behind the closure is, of course, the rise of electronic and Internet trading. According to Read More