CS Pay (Capital Payments), a third-party cryptocurrency payment platform, has officially entered Hong Kong.
CS Pay announced yesterday that it will work with Huawei Cloud, Xiong’an Technology (01647-HK) and Blue Ocean Payment to promote cryptocurrency in Hong Kong.

Founder Liang Weihan has previously proposed that the China Securities Regulatory Commission launch a’Sandbacks’ program to manage cryptocurrencies, officially enacting rules for the spread of cryptocurrencies in Hong Kong. He said he wants to introduce it.

As cryptocurrencies become more and more commonplace, the costs and costs of transactions will be significantly reduced, and cryptocurrencies will no longer be limited to written digital assets and investment instruments, Liang Weihan said.

CS Pay can be downloaded for free from the Apple Store or Google Play.
The platform integrates electronic wallet, trading platform and payment functions, accepts only cryptocurrency deposits compared to other third party payment platforms, and cryptocurrency holders have apps on their mobile phones. You can easily make a payment just by installing.

Cryptocurrencies are quite popular in Japan, and many people download apps, but there are about 10,000 people who own cryptocurrencies in Hong Kong, mainly due to investment and speculation, and price fluctuations. Is unusually large, which is a disadvantage for regular trading, Liang Weihan said.
However, many Hong Kong companies are accepting CS Pay transactions one after another, and many companies are expecting Bitcoin transactions to start at the end of the year.
At the same time, Hong Kong users can use their credit cards to buy Bitcoin directly on the platform.

CSPay’s main business is to be able to convert virtual currencies such as Bitcoin to legal currencies such as Hong Kong dollars after trading, currently covering 6 regions including China, Hong Kong, Macau, Taiwan, Japan and South Korea. I am.