Tag: Hong Kong

Whitestone Gallery Hong Kong is Conducting ICO for Developing Art Trading Blatform Based on Blockchain

Whitestone Gallery Hong Kong announced to conduct ICO for the construction of Art Trading Platform. (HK Wong Chuk Hang 6F, Heung Wah Industrial Building, 12 Wong Chuk Hang Road, Hong Kong, President: Kouei Shiraishi, https://www.whitestone-gallery.com/) Art Trading Platform by Blockchain By using funds raised by ICO, a distributed appraised art trading platform will be built by using blockchain technology. Distributed appraised art trading platform is to bring interactions among artists, …
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Hong Kong Banks Continue to Shut Down Bitcoin-Related Accounts

Bitcoin businesses are often concerned about having their bank accounts frozen. Such fears have been warranted for quite some time now. In most cases, account closures are few and far between. In the case of various Hong Kong-based businesses, however, things have taken a turn for the worse. In fact, many companies have been forced to look for bank partners overseas. Another Crackdown on Bitcoin Companies There is no real reason for any bank in the …
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R3 Consortium And Hong Kong Monetary Authority Aim to Develop National Digital Currency

It has been a while since a country’s central bank was looking to issue a nationwide digital currency. Hong Kong is the latest country to do so, as the Monetary Authority is looking to create a central bank digital currency. Interestingly enough, the HKMA is teaming up with none other than the R3 consortium to explore the options on the table. R3 Is Still Alive and Kicking It has to …
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Hong Kong Customs Worry Over Quadrupling Drug Shipments In Recent Years

Although more and more people are buying and reselling drugs from the darknet, smuggling narcotics remains very popular as well. Hong Kong Customs have noticed an increase in the number of drugs being imported and exported as of late. Some of this may have to do with darknet sales, but for now, that has not been confirmed. Hong Kong Customs Are On High Alert Comparing the amount of drugs being …
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