“The 400 sq ft shop in Sai Ying Pun, in Hong Kong Island’s Western district, is the brainchild of Asia Nexgen Bitcoin Exchange. ‘The biggest issue people have right now is buying the bitcoin. People have to put money in, trade it through an exchange online,’ which takes time, said Lo Ken-bon, the co-founder and chief executive of Asia Nexgen. ‘Now, you walk into the store, hand over your cash and send the bitcoin to your digital wallet.’ Bitcoin enthusiasts will be asked to provide an identity card and proof of address, to comply with Customs and Excise rules on money laundering. A trio of start-ups are racing to install the city’s first bitcoin automated teller machine.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Booz Allen Grew Rich on Government Contracts
Taxpayer Dollars Are Helping Monsanto Sell Seeds Abroad
Afghan president: U.S. special forces creating ‘insecurity and instability’
New tax law driving expats to renounce U.S. citizenship
Homeland Security employees warned to watch out for blowback
Email from Michael Hastings before crash mentions FBI probe
China's military makes move into Africa
Late Marc Rich’s Swiss mansions for sale
Sarasota officer fired in wake of beating video
Illinois medical marijuana bill to be signed Thursday
Kentucky sheriff says federal gun laws won't apply in his county
Huge landslide shuts down largest mine in the world in Utah
Gold Lures Japan’s Pension Funds as Abe Targets Inflation
Edward Snowden's letter to the president of Ecuador
Top Federal Reserve economist slams 'incoherent' European Central Bank