Hong Kong

CoinDesk placeholder image

Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.

Read less...

Hong Kong harbour
Bitcoin Firm Bitspark Joins Accenture's FinTech Accelerator
Hong Kong-based remittance platform Bitspark is the only bitcoin and blockchain startup to join Accenture's FinTech Innovation accelerator.
Hong Kong harbour

Hong Kong
Hong Kong Banks Hit By Bitcoin Ransom Demands
Two Hong Kong banks were targeted with distributed denial of service (DDoS) attacks earlier this week by unknown parties demanding bitcoin ransoms.
Hong Kong

Hong Kong Legislative Council
Hong Kong Official: Bitcoin Legislation Not Necessary
A senior Hong Kong official has said that the government does not see a need for legislation that would regulate bitcoin.
Hong Kong Legislative Council

Arrest
Police Arrest Five in MyCoin Bitcoin Exchange Scheme Case
Five individuals have been arrested by Hong Kong police in connection with the collapse of MyCoin, an alleged bitcoin trading platform.
Arrest

newspaper
Bitcoin in the Headlines: Hong Kong’s MyCoin Sparks Global Conversation
CoinDesk examines this week's bitcoin headlines, breaking down the MyCoin scandal and more.
newspaper

Bitcoin theft
Hong Kong's MyCoin Disappears With Up To $387 Million, Reports Claim
Hong Kong bitcoin exchange MyCoin has shut its doors, taking with it as much as HK$3bn ($386.9m) in investor funds, reports say.
Bitcoin theft

Hong Kong skyline
New Exchange Protects User Funds with Segregated Bank Accounts
New Hong Kong exchange Gatecoin is targeting international customers with segregated bank accounts in 40 countries.
Hong Kong skyline

South by Southwest SXSW
Singapore Government Sponsors Bitcoin Firm to Attend SXSW Event
Singapore-based bitcoin firm CoinPip will attend South by Southwest in the US in March, thanks to sponsorship from a government agency.
South by Southwest SXSW

Taiwan street scene
What It Took to Bring Bitcoin to 5,000 Taiwan Convenience Stores
Participants in Taiwan's large-scale convenience store bitcoin project have spoken to CoinDesk about the hurdles they faced.
Taiwan street scene