Hong Kong Bitcoin Exchange HKCex Launches After $2m Investment

By Joon Ian Wong, Coindesk.com

A new Hong Kong bitcoin exchange has launched after raising $2m in funding from local investors.

The exchange, HKCex, said the funds came from “private financial institutions” in the region.

HKCex is led by chief executive and chairman Pheng Cheah. The company said it will allow mainland China customers to open accounts and will also accept wire transfers from mainland bank accounts.


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