Chinese Tech Giant Tencent to Launch a Blockchain-based Virtual Bank in Hong Kong
Chinese tech giant Tencent is reportedly preparing to launch a blockchain-enabled virtual bank, after the company obtained a license from the Hong Kong Monetary Authority (HKMA). Previously, Crowdfund Insider has reported that 8 virtual bank licenses have been issued with the most recent (4) being announced… Read More
Read more in: Asia, Blockchain & Digital Assets, Featured Headlines, Fintech, Politics, Legal & Regulation | Tagged blockchain-based bank, hkma, hong kong, hong kong monetary aurhority, licensing system, tencent, virtual bank, World Blockchain Summit, Yige Cai