In Hong Kong, Placing Their Bets on Bitcoin

“By day, David Shin is an investment banker at a major financial firm. By night and in pretty much every other free minute, he is an entrepreneur looking to break into Hong Kong’s growing Bitcoin scene.  Even as concerns swirl about the long-term viability of the virtual currency, Mr. Shin is raising money, courting clients and hiring staff to build a sort of stock exchange for Bitcoin-oriented companies. Mr. Shin, 38, plans to start his venture, CryptoMex, at the end of April.  He and his business partners built IceDrill, an operation in Montreal where racks of speedy computers race to generate Bitcoin. But he is now selling part of his stake in the Canadian mine and focusing on his start-up in Hong Kong.”

http://dealbook.nytimes.com/2014/03/19/in-hong-kong-betting-big-on-bitcoin/?_r=0

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