New Study Reveals Countries With Most Registered Crypto Exchanges

The U.K., the U.S, Hong Kong and Singapore have the largest number of registered digital currency exchanges, per a recent report. The United Kingdom, the United States, Hong Kong and Singapore have the largest number of registered digital currency exchanges, according to data from Bitfury’s blockchain analytics platform Crystal. Crystal published its “Report on International […]

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‘Never Use BitPay’ — Hong Kong Free Press Slams Bitcoin Donation Block

Yet another public humiliation reignites the debate on whether third-party payment processors are detrimental to Bitcoin adoption. Cryptocurrency payment processor BitPay faces another publicity nightmare amid claims it blocked donations to Hong Kong for several weeks. According to a complaint on social media by Tom Grundy on Sept. 11, founder of crowdfunded media outlet Hong […]

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Report: BitMEX Crypto Exchange COO Steps Down

The chief operating officer at major digital currency exchange BitMEX, Angelina Kwan, has reportedly stepped down from the position. The chief operating officer (COO) at digital currency exchange BitMEX, Angelina Kwan, has reportedly stepped down. A spokesperson familiar with the matter told industry-focused media outlet The Block on Sept. 9 that Kwan stepped down as […]

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China’s National Crypto Similar to Libra, Central Bank Official Says

A top official at China’s central bank has confirmed that the country’s forthcoming digital currency will bear similarities to Facebook’s Libra token. A top official at China’s central bank has confirmed that the country’s forthcoming digital currency will bear similarities to Facebook’s Libra token. The English-language website of the Hong Kong Economic Journal reported the […]

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HSBC Completes First Blockchain Letter of Credit Transaction in Yuan

Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. As Reuters reported on Sept. 2, HSBC […]

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