hong kong

Spotlight on Bitcoin as HSBC Shuts Hong Kong Protest-Linked Account

The need for censorship-resistant currencies like Bitcoin (BTC) has been thrown, yet again, into stark relief as HSBC shutters an account reportedly used to fund Hong Kong protestors.  As the Hong Kong Economic Journal reported on Nov. 18, the British multinational bank recently closed a corporate account that was reportedly being used to transfer crowdsourced …

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Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble: Hodler’s Digest, Nov. 4–10

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Russia: New law would let police confiscate Bitcoin from 2021 …

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Tencent to Build Virtual Bank After Hong Kong Regulator Approves License

Chinese internet giant Tencent is set to open a blockchain-based virtual bank after the Hong Kong Securities and Futures Commission (SFC) approved a new license. Speaking at the World Blockchain Summit in Wuzhen, China on Friday, Tencent blockchain chief Yige Cai said the company’s virtual bank received the SFC’s green-light. Moving forward, the company will assemble …

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Hong Kong Regulator to Unveil New Cryptocurrency Exchange Rules

Hong Kong’s financial regulator — the Securities and Futures Commission (SFC) — will publish a new set of regulations for Bitcoin (BTC) and cryptocurrency exchanges today. The news, reported by Reuters on Nov. 6, was announced by Chief Executive Ashley Alder at a local fintech event.  Regulatory clarity for crypto exchanges operating in Hong Kong …

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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq

<header class=”article__header”> </header> <strong>Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters.</strong> Also read: …

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Low Interest Rates Are Crushing Young People and Fueling Global Riots

</header> <strong>There are currently riots going on in Chile, Hong Kong and Lebanon. While in every place they are caused by complex local issues, there is a global problem that is an underlying trend: low interest rates which make it impossible for young people to save for their future and at the same time push …

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The Demand for Permissionless Freedom Is Just Getting Started

<header class=”article__header”> </header> <strong>Every year the world seems to be getting crazier and more people are starting to realize that it stems from oppressive government transgressions against a peaceful society. The world has noticed millions of people from France, Hong Kong, Venezuela, Indonesia and more are rising up because citizens are sick and tired of …

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Bitcoin Price: Which Countries Have the Biggest Premiums?

Up until early 2018, major cryptocurrency markets the likes of South Korea and Japan demonstrated high premiums for Bitcoin. At the 2017 peak, when the Bitcoin price was trading at around $20,000 in the U.S. spot market, Bitcoin was being traded in South Korea’s cryptocurrency exchange market for around 26,000,000 Korean won, equivalent to about …

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Blizzard reinstates Hong Kong protestor’s prize, says “China had no influence”

Blizzard banned pro Hearthstone winner for supporting free Hong Kong and took away his prize money. It would be SUCH A SHAME if Mei became a symbol of Hong Kong democracy and got #Overwatch banned in China like Pooh did #FreeHongKong #MeiWithHongKong #MeiSupportsHongKong pic.twitter.com/yPum1ZTQqH — Wenqing Yan (@Yuumei_Art) October 9, 2019 After four days of …

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Blizzard halves ‘Hearthstone’ pro’s suspension over Hong Kong protest

Sponsored Links Fans watch an eSports tournament with the video game ‘Hearthstone’ during the ‘Paris Games Week’ on October 28, 2018 in Paris, France. Chesnot via Getty Images Three days after Blizzard handed down a year-long ban to pro Hearthstone player ‘Blitzchung,’ aka Ng Wai Chung, the company has walked back its decision. In a …

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