Hong Kong will play host to the HashKey International Digital Asset Summit 2019 (HIDA2019) on March 21, 2019, according to a press release on the event.
The organizers expect to gather over 400 representatives from a wide range of digital asset interests — from hedge funds and banks to technology firms and financial regulatory institutions — from throughout the region, including Hong Kong, Singapore, Tokyo and Seoul.
The event will be hosted by HashKey Group and Wanxiang Blockchain Labs.
“HIDA2019 will be the first summit in Asia aimed at increasing global awareness of digital assets and blockchain applications and follows the Global Blockchain Summit that has been hosted by Wanxiang Blockchain Labs for the last four years,” per the release. “At the event, industry experts and key opinion leaders from investment, finance, blockchain and market regulatory fields will be presenting and participating in various panel discussions.”
The broader goal of the event is to bring institutional investors into the blockchain and digital asset fold. Presenters will offer insight around pressing issues like AML/CFT requirements, the market structure of digital assets, and opportunities and risks within the industry.
Timothy Massad, the former chairman of the Commodity Futures Trading Commission (CFTC), has outlined a case for better (read: stricter) federal crypto asset regulation in a substantial report for the Brookings Institute, “It’s Time to Strengthen the Regulation of Crypto-Assets.”
Jack Dorsey, founder and CEO of social media giant Twitter and mobile payments company Square, announced that he is hiring a handful of full-time employees for the latter who will work on open-source contributions to the Bitcoin and cryptocurrency ecosystem. He added that the work done by this team, made up of three or four engineers and one designer, will be independent of Square's business objectives and all resulting work will be open and free.
There has been no shortage of news regarding trust issues in the cryptocurrency sphere. For example, the recent death of QuadrigaCX CEO Gerry Cotten revealed that he personally held the keys for the company’s reserves and they were lost, leaving platform users dependent on the Canadian justice system for a solution.
The Singapore-based cryptocurrency exchange Huobi has announce that "Huobi Prime," a coin launch platform, will go live on March 26. The service will allow professional and retail investors to purchase new cryptocurrencies before they are listed more broadly and potentially at lower costs. The announcement appears to compete with Binance's Launchpad service.