China state paper urges calm after blockchain stocks, bitcoin soar

FILE PHOTO: Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China's flag in this illustration picture, April 9, 2019. REUTERS/Dado Ruvic/Illustration

Xi said last week that China should accelerate the development of blockchain technology, a digital ledger that forms the backbone of many cryptocurrencies such as bitcoin. His remarks sparked a rush into the shares of firms engaged in, or believed to be engaged in blockchain or digital currency-related businesses.

“The rise of blockchain technology was accompanied by that of cryptocurrencies, but innovation in blockchain technology does not mean we should speculate in virtual currencies,” it said.

bitcoin 又给自己加戏

. Translation: 冷靜下來，否則警察將實施戒嚴令並殺死持異議的公民。

Excellence DARXRAV13NX

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China United Airlines: Beijing to Shanghai budget flight review - Business InsiderI recently flew from Beijing to Shanghai on China United Airlines, which used to belong to the People's Liberation Air Force in the 1980s. Airline food is the only food in the world where chefs specialize in making everything taste like cardboard i flew inside china couple years ago. good service, i would argue it's better than United in the US. i am still keeping my slippers😋
Source: BusinessInsider - 🏆 729. / 51 Read more »