One Satoshi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Viv Vermaak paints a vivid picture of the practical application of Bitcoin at Pick n Pay, showcasing the potential of cryptocurrency.

HONG Kong is set to follow in the footsteps of the US by listing a batch of cryptocurrency exchange-traded funds, providing a window on whether the city is making progress on fashioning a hub for digital assets. Some of China’s top asset managers are in the final leg of preparations…

(Bloomberg) -- Hong Kong is set to follow in the footsteps of the US by listing a batch of cryptocurrency exchange-traded funds, providing a window on whether the city is making progress on fashioning a hub for digital assets.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire

Officials estimate that 450 shops, ATMs and websites in the city offer crypto trades. Read more at straitstimes.com.

Dotted across Hong Kong are small shops that convert between cash and crypto with few questions asked, a modern-day echo of the city’s freewheeling past. Soon, many may shut under a looming crackdown. Officials estimate 450 shops, automated teller machines and websites in Hong Kong offer such services. They are…