In Hong Kong, a listed on-line leisure platform, HMVOD, will settle for Bitcoin to pay for membership subscriptions in October.
HMVOD Restricted (Inventory code: 8103.HK) launched a voluntary announcement on Hong Kong Trade platform Tuesday evening of Hong Kong time, saying that prospects pays their month-to-month membership charges in Bitcoin ranging from early October.
Within the assertion, HMVOD stated the corporate is dedicated to adopting totally different fee platforms, together with cryptocurrencies, to “grow to be a trendsetter within the leisure expertise increase.”
Based on the official webpage, HMVOD Restricted is an funding holding firm principally engaged within the OTT (Over-the-top media providers) Web leisure video service system and the event enterprise. The corporate gives a month-to-month subscription plan for the end-users to get pleasure from almost 10,000 program hours of on-line leisure, together with native and worldwide motion pictures.
Regardless of Hong Kong finance regulators intends to limit the crypto buying and selling actions to skilled traders and attempt to strengthen associated compliance, a examine has named Hong Kong as probably the most crypto-friendly areas worldwide, to benefit from the highest focus crypto ATM worldwide.
Bitcoin is a cryptocurrency primarily based on decentralization, peer-to-peer (P2P) networking and stigmergy, with its codes launched as open-source and with blockchain as its underlying expertise.
As well as, extra leisure platform is diversified their income sources by embracing cryptocurrencies. AMC Leisure, the main American film chain, introduced Monday, August 9, to just accept Bitcoin for getting cinema tickets.
Picture supply: Shutterstock
