Bitcoin Association of Hong Kong, a non-profit based in the city that advocates for digital currency laws and education, conducted a poll on Twitter to assess the proposal’s economic impact. Under proposed regulation in Hong Kong, Bitcoin exchanges will have to get licensed and no longer be allowed to sell Bitcoin to end users. “We were the first in the world to send a cash-in, cash-out bitcoin transfer between Hong Kong and the Philippines – it was the first use case the industry saw of crypto being used for utility ... China's Ministry of Commerce has announced the pilot run of the country's central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested ... Bitcoin’in yaygın olduğu Hong Kong’da herkese 1300 dolar bedava para Dünya çapında birçok önemli borsaya ev sahipliği yapan ve Bitcoin kullanımının en yaygın olduğu bölgelerinden biri olan Hong Kong'da hükümet, 18 yaşın üzerindeki her vatandaşa 10 bin Hong Kong Doları (1300 ABD Doları) para verecek. The number of bitcoin ads appearing in major newspapers is growing. The front page of Apple Daily, a major newspaper in Hong Kong, featured a "Bitcoin will never ditch you" ad this week. Bitcoin ... In February of 2015, Hong Kong Bitcoin exchange MyCoin abruptly closed its doors and disappeared with the $387 million it had of customer funds on deposit. It later came to light that MyCoin may have never been operating legally in Hong Kong in the first place, which limited the amount of oversight into their operation. It is now believed that MyCoin never actually facilitated any real trading ... Bitcoin ATMs In Hong Kong. As of March 26th, 2020, there are a total of 55 Bitcoin ATMs in Hong Kong to buy bitcoin in person. The great majority of them are located in the city of Hong Kong, while the rest are in Fanling, Mong Kok, and Yuen Long. Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges ... Binance already supports euros and pounds sterling through Epay, a payments provider founded in Hong Kong in 2014. Subscribe to Blockchain Bites , our daily update with the latest stories. Subscribe Bitcoin Exchanges. Buying Bitcoin on exchanges is usually the cheapest option in terms of fees and is relatively fast and convenient too. But it often requires a few days to set up an account and get verified, and you can expect exchanges based in Hong Kong to ask for your personal information like HKID or address proof before you can start using their accounts.
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