Hong Kong Needs to Keep up with Bitcoin Technology
Hong Kong has fallen behind in the fintech race. The country has to increase the adoption of blockchain technology to keep up with rest of the financial capitals of the world. It was Hong Kong where the renowned coffeehouse chain Starbucks took an initiative to embrace disruptive fintech technologies like bitcoin. However, the reality took a different course when it was found that the Starbucks’ staff was refusing to accept digital currency payments. This reported case though seems minuscule, but revealed how the China’s special administrative region was lagging behind the world in terms....
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