OmiseGo has moved to stamp out rumors about the company possibly being impacted by China’s crackdown on ICOs. Through a Reddit post OmiseGo reassured everyone that China’s ban on ICOs will not necessarily harm the OMG network. On the post, OMG said China’s prohibition only refers to decentralized currencies, meaning it doesn’t necessarily affect the OMG network: “The OMG network is currency-agnostic and the open-source, white-label digital wallet framework we provide will allow financial service companies to select what services they provide their end-users, in compliance with the regulations they must follow”. OmiseGoing With such transparency and constant updates from …

Megaupload entrepreneur creator Kim Dotcom has announced he will launch an ICO for his Bitcache project. The announcement caps a long-awaited list of updates on the “encrypted anonymous” content sharing platform, which Dotcom has built to incorporate Bitcoin payments. The ICO, Dotcom announced on Twitter Wednesday, will raise funds towards “building global infrastructure.” At the same time, a limited release of Bitcache will be available for testing by users “next week.” Next week you can register and try the first feature set of K.im and Bitcache. Then we're doing an #ICO to build our global infrastructure. — Kim Dotcom (@KimDotcom) …

It is no secret that Bitcoin in China continues to have a rough ride in comparison to many other major world economies. Bitcoin’s story over the past nine months has been marked by seismic events in the country which are purported to have caused fluctuations in price and investment across the Bitcoin ecosystem. Cross the border into Hong Kong, on the hand, and you enter a very different scene. Here, a rapidly-growing startup scene has taken hold, seeking to offer everything from exchange services to ATMs for both Bitcoin and altcoins. At Inside Bitcoins Hong Kong, Cointelegraph saw the perfect …