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Topic: China Ban, Hong Kong the new Center - page 2. (Read 154 times)

member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
April 06, 2018, 12:00:18 AM
#3
That's true for now.
China has ostensibly banned the cryptocurrency market, but Hong Kong has been open to the whole market.
full member
Activity: 854
Merit: 104
April 05, 2018, 11:55:52 PM
#2
After China's ban of ICOs, mining facilities, and crypto currencies, Hong Kong is the new center for the Chinese crypto-world.

NEO (https://neo.org) and KNT (https://kora.network) are big ones who base in Hong Kong now, more will come. HK has been China's financial hub for many years, now it is slowly becoming China's crypto hub
In general, you are right. The center of trade in crypto currency is shifting from China, where the trade in crypto currency is somewhat limited, towards Hong Kong. This can even be traced to the example of the Kucoin exchange, which was originally planned to open in China, but was moved to Hong Kong due to bans. However, it's too early to say that Hong Kong was the new center of the crypto-international world. Japan aspires to such a title without groundlessness. There now about 40 percent of all transactions in bitcoin are performed, and a very favorable situation is created for the development of the crypto currency.
newbie
Activity: 31
Merit: 0
April 05, 2018, 11:15:08 PM
#1
After China's ban of ICOs, mining facilities, and crypto currencies, Hong Kong is the new center for the Chinese crypto-world.

NEO (https://neo.org) and KNT (https://kora.network) are big ones who base in Hong Kong now, more will come. HK has been China's financial hub for many years, now it is slowly becoming China's crypto hub
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