{"id":7662,"date":"2021-08-11T13:48:14","date_gmt":"2021-08-11T12:48:14","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=7662"},"modified":"2021-08-11T13:48:22","modified_gmt":"2021-08-11T12:48:22","slug":"hong-kongs-hmvod-to-accept-bitcoin-for-membership-subscriptions-in-october","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/hong-kongs-hmvod-to-accept-bitcoin-for-membership-subscriptions-in-october\/","title":{"rendered":"Hong Kong’s HMVOD to Accept Bitcoin for Membership Subscriptions in October"},"content":{"rendered":"\n
In October, HMVOD, a publicly traded online entertainment platform in Hong Kong, would accept Bitcoin <\/a>as payment for membership memberships.<\/h5>\n\n\n\n
\"Hong<\/figure>\n\n\n\n

Customers of HMVOD\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> Limited (stock code: 8103.HK) will be able to pay their monthly membership fees in Bitcoin starting in early October, according to a voluntary notification made on the Hong Kong Exchange platform on Tuesday night local time.<\/p>\n\n\n\n

A statement issued by HMVOD claimed it was devoted to the use of new payment platforms, including as cryptocurrency exchanges, in order to “become a trendsetter in the entertainment technology <\/a>boom.”<\/p>\n\n\n\n

According to the company's official website, HMVOD Limited is an investment holding company that is primarily engaged in the development of OTT (Over-the-Top Media Services) Internet entertainment video service systems and the provision of video services to consumers. The company provides end-users with a monthly subscription plan that allows them to access almost 10,000 programme hours of online entertainment, which includes both local and foreign films.<\/p>\n\n\n\n

However, despite the fact that the Hong Kong finance regulators intend to restrict cryptocurrency trading activities to professional investors and attempt to strengthen related compliance, a study has named Hong Kong<\/a> as one of the most crypto-friendly regions in the world, with the highest concentration of cryptocurrency ATMs in the world.<\/p>\n\n\n\n

Bitcoin is a cryptocurrency that is built on decentralisation, peer-to-peer (P2P) networking, and stigmergy. Its source code has been made available as open-source, and the blockchain technology that underpins it serves as its underlying technology.<\/p>\n\n\n\n

In addition, by integrating cryptocurrencies, more entertainment platforms are diversifying their revenue streams and increasing their profitability. AMC Entertainment, the largest movie theatre chain in the United States<\/a>, said on Monday, August 9, that it will accept Bitcoin for the purchase of movie tickets.<\/p>\n","protected":false},"excerpt":{"rendered":"

In October, HMVOD, a publicly traded online entertainment platform in Hong Kong, would accept Bitcoin as payment for membership memberships. Customers of HMVOD Limited (stock code: 8103.HK) will be able to pay their monthly membership fees in Bitcoin starting in early October, according to a voluntary notification made on the Hong Kong Exchange platform on […]<\/p>\n","protected":false},"author":13,"featured_media":7694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[152,2120,1134],"class_list":["post-7662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-hmvod","tag-hong-kong"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/image-123.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/7662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=7662"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/7662\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/7694"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=7662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=7662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=7662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}