Blockchain/Bitcoin

WeChat Pay Will Start Terminating Accounts Caught Dealing with Crypto

WeChat Pay, one of China’s most popular e-wallet providers, has just updated its payment policy to ban cryptocurrency transactions. The move was first noticed by founding partner of crypto investment firm Primitive, Dovey Wan in a tweet. Urgh, Wechat just

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One Year Later, Cathay Pacific’s Rewards Programme Happy with its Blockchain Port

In May last year, the Cathay Pacific Group, via its rewards programme Asia Miles, launched an app utilising smart contracts via blockchain. The campaign at the core of the new platform was a newly launched Asia Miles dining promotion in

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Hong Kong Needs More Than Lip Service to Grow Blockchain, Says Local Founder

After his blockchain panel at the Internet Economy Summit last week, we had a chance to sit down with trustMe, a local player in the blockchain scene with a focus on bringing the technology to SMEs in Hong Kong. Steven

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For Blockchain to Succeed It Needs to Be Invisible, Experts Agree

This is not new rhetoric: most of us only ever heard of blockchain when cryptocurrency hit critical mass, particularly during the infamous Bitcoin bull of 2017. The same idea was expressed during the Internet Economic Summit 2019, a two-day event

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Burgopak Bags Award For its MCO Visa Card Design

London-based design company Burgopak has just been awarded for their excellence in industry challenging packaging design at the 2019 ICMA Élan Awards in Orlando, Florida—an award to cast a spotlight on the best of the best in the global transaction

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3 Ways Crypto.com Is Trying To Make Cryptocurrency Mainstream

Despite its meteoric rise in popularity, cryptocurrency has yet to gain global mainstream adoption. Crypto.com, a Hong Kong-based startup, is attempting to change that and it is doing so through three of its key products. Multi-currency Wallet and Pre-paid Visa

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HK$500K Fine or 5 Years Prison Time for Fradulent Crypto-Trading, Said HK Regulator

James Lau, Secretary for Financial Services and the Treasury Bureau (FSTB) in a letter to the President said that misleading cryptocurrency activity is subject to a HK$500,000 fine or five years prison time. The following actions by virtual currency traders are

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Hong Kong’s Securities Watchdog Says Its Illegal to Issue STO Without Approval

The Securities and Futures Commission of Hong Kong(SFC) issued a statement today on the Security Token Offerings (STO) regulations in Hong Kong. STOs typically involve the us Security Tokens which are digital representations of ownership of assets (eg, gold or

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Chinese Fintech Unicorn Tiger Broker Seeks US$ 91 Million in IPO

Tiger Broker who recently joined the illustrious list of chinese fintech unicorns late 2018 has announced its plans to raise up to US$ 91 Million an IPO on NASDAQ , according to prospectus filed with US Securities and Exchange Commission.

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Japan’s Central Bank Explores a Central Bank Backed Digital Currency

Perhaps in response to the call by IMF Chief Christine Largarde for nations to look into central bank backed digital currencies, Bank of Japan is now exploring the concept of central bank digital currency (CBDC). Published this month by the

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