China’s State Outlet Xinhua Exposes Millions to Bitcoin
China doesn’t seem to want the Bitcoin and blockchain gravy down to slow down any time soon. On Sunday afternoon (PST), reports arose on Twitter that Chinese state media had begun to talk up the leading cryptocurrency via an article. While the price of BTC hasn’t reacted to this tidbit of news, this article could have a resounding effect on China’s knowledge of crypto assets in the coming years.Related Reading: Chinese Bank Invests in Bitcoin Wallet After President Xi’s Remarks: ReportChinese State Media Talks Up Bitcoin
Monday’s edition of Xinhua — the official state-run publication of the People’s Republic of China — contained an article whose title roughly translates “Bitcoin: The First Successful Application of Blockchain Technology.” While the piece wasn’t all positive, the headline ...