Political unrest usually leads to economic uncertainty, which can drive investors into alternative assets or safer havens overseas. Protests in Hong Kong have garnered global attention as mainland oppression has resulted in millions taking to the streets. Some retail outlets have begun accepting crypto in preparation of further financial uncertainty.
Crypto Payments Gaining Popularity
According to the Bitcoin Association of Hong Kong, department store Pricerite has started to accept payments in cryptocurrencies, claiming to be the first retail store in the region to do so.
“Department store Pricerite has begun accepting Bitcoin (Lightning), Litecoin and Ethereum at its store at Megabox, a Facebook announcement reads.” Read More at NewsBTC...