Chinese tech giant Tencent gets Hong Kong license for blockchain bank

Chinese tech giant Tencent gets Hong Kong license for blockchain bank – Decrypt

Chinese internet giant, Tencent has been granted a license to operate a ” blockchain bank,” by Hong Kong’s Monetary Authority, which is responsible for maintaining the city’s monetary and banking stability. The announcement was made today, at the Wuzhen blockchain conference in China, by Cai Weige, general manager for blockchain at Tencent.