In March of last year, Chinese publicly-traded company Meitu, a fintech giant, announced that it had invested in the two biggest digital currencies, Meitu is the producer of a popular photo app that boasts a user base of 456 million clients. It was the first publicly traded company in China that chose to invest in cryptocurrencies, considering the anti-crypto environment that has been dominant in the country since September 2017, when the first crypto ban was imposed.
It was followed by the work of the Chinese central bank on its own CBDC , and a ban on crypto mining and cryptocurrency operations in September 2021, which made multiple mining pools and exchanges flee the country to the U.S. and Kazakhstan.
WuBlockchain As soon as we do break the $47,000 barrier. Bitcoin will trade back at ATHs in no time! 🚀 Bitcoin I’d rather be in it than miss the growth Hodl Mt_49k is a super underrated bitcoiner I’ve been taking her tweets and TA seriously & I’ve been doing great Follow her
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