Fidelity invests $14.2 million in Hong Kong Exchange
The fifth-largest investment manager in the world, Fidelity Investments, has invested $14.2 million in the company that operates Hong Kong-based crypto asset exchange, OSL, in a move to expand its involvement in the digital asset industry.
Bitcoin trading spike unlikely due to Hong Kong unrest
Trading volume on LocalBitcoins tripled in Hong Kong last week as protests continued, but analysts disagree on the cause.
Hong Kong protests catalyze Bitcoin premium
As the protests in Hong Kong continue to escalate, so has the demand for cryptocurrency. Citizens are now paying a premium to buy Bitcoin with Hong Kong Dollars.
Hong Kong â Building Trust Using Distributed Ledger Technology
This paper aims to explain briefly what DLT is, and indicate the technologyâs transformative potential, describe what selected overseas jurisdictions have been doing to explore DLT, describe the present state of DLT exploration in Hong Kong, suggest an initial framework for Hong Kong to build up a DLT ecosystem and suggests potential DLT use-cases in Hong Kong for medium-term consideration. The paper takes its lead from the financial services implications of DLT â from which perspective DLT is a dimension of FinTech and also a digital currency. In that sense, blockchain strategy is one element of FinTech strategy. However, DLT has implications far beyond financial services, which the present paper also seeks to address.
Blockchain Applications: From bitcoin to trade finance
A run down into how blockchain works in a nutshell, blockchain applications, smart contracts, cryptocurrencies and Blockchain assets, presented by the Hong Kong Bitcoin and Ethereum digital asset exchange, Gatecoin.
Whitepaper On Distributed Ledger Technology
This white paper may be regarded as the first stage in this larger research project. It aims to provide the fintech industry in Hong Kong with a reasonably comprehensive study of the key features, benefits, risks and potential of DLT. It also includes the initial findings of the proof-of-concept work carried out on DLT applications in three areas: mortgage loan application, trade finance, and digital identity management.
New York And London Continue Battle For FinTech Dominance
New York and London consistently compete for the title of financial capital of the world. With a focus on FinTech, London is confident they will take the lead, but other contenders are entering the ring.