DCS - Cryptocurrency Market Capitalization logo DCS - Cryptocurrency Market Capitalization logo
TheBlock 2019-11-08 17:09:53

Chinese tech giant Tencent granted Hong Kong license to open ‘virtual bank’

Chinese tech giant Tencent has received a license from the Hong Kong authority to open a “virtual bank,” according to the firm’s blockchain business manager Weige Cai In a presentation at the World Blockchain Summit Wuzhen, Cai revealed that the company is preparing to form a team dedicated to building the bank.The post Chinese tech giant Tencent granted Hong Kong license to open ‘virtual bank’ appeared first on The Block.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer