A number of cryptocurrency-related conferences across Asia are being delayed in response to the regional coronavirus outbreak.

TOKEN2049, a major crypto result held annually in Hong Kong, is the latest one to postpone its briefing. Originally scheduled for mid-March 2022, TOKEN2049 will now instead exist taking identify on October seven-eight, 2022.

The TOKEN2049 team announced:

"Over the past weeks, nosotros accept been monitoring the global developments around the coronavirus closely. Whilst Hong Kong is managing the state of affairs well and has taken strict precautions to contain any potential impact, dubiousness prevails."

Crypto firms in Hong Kong terminate operations amidst coronavirus and political protests

Hong Kong, which reportedly announced its plans to close border crossings with mainland Mainland china in a farther push to control the mortiferous virus, has been experiencing even more incertitude due to local anti-regime protests.

As was recently reported by Cointelegraph, a major local blockchain remittance startup called Bitspark abruptly announced its closure earlier this week, citing internal restructuring issues alongside coronavirus and political protests.

Binance Blockchain Calendar week Vietnam and Hong Kong Blockchain Calendar week 2022 were likewise put on hold

TOKEN2049 is not lonely in postponing its effect. On Jan. 3, pop global crypto exchange Binance appear the filibuster of its Binance Blockchain Week Vietnam, which was originally scheduled from February 29 to March four, 2022. Binance said that it will reimburse registered guests, noting that a new date for the result would exist appear subsequently:

"We sincerely apologize for the inconvenience caused by the delay. If you have registered for the Binance Blockchain Week, yous can get a full refund through the event registration platform [...] Nosotros will inform anybody shortly regarding further updates on this event."

In late January, another major conference, Hong Kong Blockchain Week 2022, announced that it will put the consequence scheduled for March 2022 on hold. The upshot organizer said that they will make a public announcement of the new engagement every bit before long as information technology is determined.

Crypto community fighting against the deadly epidemic

While the coronavirus outbreak has impacted the crypto and blockchain industry, a number of people and companies in the space have appear initiatives to tackle this fast-spreading epidemic.

Equally reported by Cointelegraph, blockchain-enabled applications developer Acoer recently launched a information visualization tool to rail the deadly coronavirus. In order to fight confronting the epidemic, a blockchain-based platform chosen Hyperchain was launched in China, serving as a medical supply donations portal to support local hospitals. On February. 5, an bookish at the University of Hong Kong claimed that blockchain and AI-based technology could better tackle the coronavirus epidemic past providing transparent recording of donations.

Binance CEO Changpeng Zhao previously announced that the exchange pledged to donate $1.five meg in order to assistance victims of the coronavirus in Wuhan, which is the epicenter of the coronavirus outbreak in China.