Coronavirus Outbreak Delays Asian Crypto Conferences

Coronavirus Outbreak Delays Asian Crypto Conferences

The unexpected break-out of coronavirus in China and its continuing expansion in the region caused a number of cryptocurrency-related conferences across Asia are being delayed.

TOKEN2049, a major crypto-event held every year in Hong Kong, is the latest to cancel its meeting. TOKEN2049, originally scheduled for mid-March 2020, will now take place on 7-8 October 2020, instead.

The TOKEN2049 team announced:

“Over the past weeks, we have been monitoring the global developments around the coronavirus closely. Whilst Hong Kong is managing the situation well and has taken strict precautions to contain any potential impact, uncertainty prevails.”

Coronavirus Delayed Crypto Conferences

Despite efforts to control the deadly virus through closure of border crossings with mainland China, Hong Kong was experiencing even greater uncertainty because of local anti-government protests.

Cryptolydian recently reported that, Hong Kong-based blockchain payments firm Bitspark has announced that it will end its operations next month due to restructuring issues as well as coronavirus and political protests.

Other Conferences Also Put on Hold

TOKEN2049 is not the only conference being delayed due to the outbreak of the virus. On January 3, famous global crypto exchange Binance announced the delay of its Vietnam Binance Blockchain Week, originally scheduled for February 29 to March 4, 2020. Binance said it will reimburse registered guests, adding a new date would be announced later:

“We sincerely apologize for the inconvenience caused by the delay. If you have registered for the Binance Blockchain Week, you can get a full refund through the event registration platform […] We will inform everyone soon regarding further updates on this event.”

Worth mentioning, another major conference, Hong Kong Blockchain Week 2020, announced in late January that it would put on hold the event planned for March 2020. The event organizer said they will announce the new date to the public when determined.

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Abdulhay Mahmoud 414 Articles
Abdulhay Mahmoud is a creative writer with over 15 years of experience in journalism, translation, and investor relations. He has B.A in English and Literature from a reputable University. He recently became a contributor at Cryptolydian.com to fulfill his thirst in reporting digital coins and blockchain-related news, an interest was built over the years.