Learn how your business can securely adopt Bitcoin as part of its financial strategy and operations.
Last Saturday, we hosted an exciting and insightful event that shed light on how digital assets, particularly Bitcoin, can transform business operations for SMEs. The event featured a thought-provoking panel discussion moderated by our CEO, Chan Wei Chi, with industry experts Hann, Founder of Halogen Capital, and Kok Jit Kiang, Owner of Syarikat Kopi Kok.
One of the key highlights was Syarikat Kopi Kok sharing their real-world experience of integrating cryptocurrency into their financial strategies. Their collaboration with Poppy Kat to provide locally brewed coffee and delicious pastries by Dona Bakehouse added a warm touch to the event, making it not just informative but also an enjoyable experience.
The panel discussion began by highlighting the growing relevance of Bitcoin for SMEs, focusing on its benefits such as reduced transaction costs and access to a global market. Jit Kiang from Syarikat Kopi Kok shared his business’s success in integrating Bitcoin, particularly in streamlining cross-border transactions and achieving financial autonomy. Hann from Halogen Capital outlined essential steps for SMEs to adopt Bitcoin, including selecting the right strategy and considering technical requirements.
The panel also addressed challenges like price volatility, regulatory uncertainties, and the costs of integrating Bitcoin. Despite these risks, the potential rewards for businesses were emphasized, especially for those involved in international trade. The discussion concluded with a focus on the evolving regulatory landscape in Malaysia, where Hann and Chan Wei Chi highlighted the importance of understanding regulatory and accounting considerations before adopting Bitcoin as part of an SME’s financial strategy.
Conclusion
The event was packed with valuable insights for business owners and entrepreneurs looking to embrace digital assets. With expert opinions from Halogen Capital and Syarikat Kopi Kok, attendees walked away with a deeper understanding of how Bitcoin can enhance business operations.
It was a day filled with thought-provoking discussions, great networking, and, of course, delicious coffee and pastries. We look forward to hosting more events like this that continue to explore the evolving world of digital assets!