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Chinese State-Owned Media Try to Dampen Market’s Crypto Enthusiasm

Chinese State-Owned Media Try to Dampen Market’s Crypto Enthusiasm – CoinDesk

Chinese state-owned media are attempting to quell the rush into crypto stocks following President Xi’s statement to “seize the opportunity” afforded by blockchain. State-backed agencies are publishing material meant to encourage “rational” investments, amid this surge in speculation in blockchain and fintech firms, Reuters reported Tuesday.








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