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Bitcoin remains fast-trending topic on Chinese social media as cryptocurrency's surging price overcomes stigma of government ban

The surging price of bitcoin has sparked increased attention from internet users in mainland China, where some cryptocurrency-related activities persist in spite of a sweeping government ban. The world's largest and most valuable cryptocurrency, bitcoin gained more than 16 per cent over the past five days to surpass US$59,000 on Wednesday, which made it a fast-trending topic on all major Chinese social media platforms. At one point on Wednesday, bitcoin ranked as the 11th most-searched term...
Hong Kong United States China Morning Post Publishers Ltd South China Morning Post South China Morning China Morning Post Publishers
Source: yahoo.com

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