Hong Kong Monetary Authority to Launch Multi-Bank Blockchain Trade Finance Platform
Hong Kong’s de facto central bank hopes blockchain tech will improve trade finance cost-effectiveness, speed and security Go to Source Powered by WPeMatico
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The Daily: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift Cards
Featured in today’s edition of Bitcoin in Brief are a service that allows inheritance of crypto assets and a new stablecoin launched in Taiwan. Also in our daily roundup, crypto terminals have been installed by a restaurant chain in Hong Kong, and a company now offers bitcoin gift cards for easier access to the crypto … Read more
TenX Co-Founder Still ‘Quite Confident’ Bitcoin Can Hit $60,000 This Year
TenX co-founder Julian Hosp sees Bitcoin hitting $60,000 in 2018, as the coin has already neared his previous forecast of $5,000 Go to Source Powered by WPeMatico
Crypto Exchange Binance Expects up to $1 Billion Profit in 2018
Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. The trading platform has already registered about $300 million of revenue in the first half of 2018 and a five-fold increase in the number of users. The data demonstrates a serious growth for Binance which is taking steps to … Read more
Bitmain Receives $12 Bln Investment in a Recent Funding Round
Bitmain has received $12 billion of investments following the recent closing of a Series B funding round Go to Source Powered by WPeMatico
Hong Kong Continues Taking Regulatory Action, Hopes to Become International Blockchain Hub
Hong Kong has grown skeptical about crypto and ICOs, prefers becoming an international blockchain hub Go to Source Powered by WPeMatico
Russian Firm Offers Smartphone Producer Xiaomi to Tokenize its Forthcoming IPO
Blackmoon, a blockchain company from Russia, has offered Chinese smartphone producer Xiaomi to tokenize its IPO, with payment options in ETH, BTC or LTC Go to Source Powered by WPeMatico
Hong Kong’s SFC Will Continue to Monitor the Cryptocurrency and ICO Industry
Regulation is one of the more pressing topics of debate in the cryptocurrency world these days. It’s a necessary evil to some, yet a way of legitimizing the industry to almost everyone else. Hong Kong regulators are keeping a close eye on this industry, and its Securities and Futures Commission has indicated it will continue … Read more
Mining Round-Up: Ebang Files for IPO in HK, Miner Arrested in China
In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian exclave … Read more
Hong Kong Securities Regulator Promises to Keep ‘Close Watch’ on Crypto Sector
The annual report from Hong Kong’s securities regulator notes risks associated with crypto, ICOs – but also includes supportive actions from the agency Go to Source Powered by WPeMatico