The first bitcoin ATM was introduced in Hong Kong to much fanfare in 2014. At its peak, there were 10 bitcoin ATMs in Hong Kong. Today, there are only four left.
The Hong-Kong government might accept Bitcoin as official digital currency and issue their own digital RMB. What are the chances of that?
The Financial Services Development Council (FSDC) wants Hong Kong to get ready for digital currencies, naming China specifically and citing "the likely issuance of digital RMB". It was mentioned in a paper called “Hong Kong – Building Trust Using Distributed Ledger Technology”. It said: “Ensure that the Hong Kong financial system and legislative and regulatory framework are positioned to capitalise on the likely issuance of digital RMB by the Mainland Chinese authorities.”
Is there really a possibility of that? Coinidol conducted a survey of experts to find out what they think or predict in relation to the idea that Hong-Kong might actually have its own digital currency.
Hong Kong this place if you like to be busy to go, basically in Mong Kok, Causeway Bay, Yuen Long, Tsuen Wan Street are a lot of people, but also very polite, food is also very much, not afraid of no food, afraid to choose not The
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Bitfirst ( https://www.bitfirst.com/ ) has setup ATM in Hong Kong too (in e.g. Science Park). However they are closing their business in June. Remember to cash out if anyone is using their service.
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