About This Source - South China Morning Post
The South China Morning Post (SCMP), with its Sunday edition, the Sunday Morning Post, is a Hong Kong-based English-language newspaper founded in 1903. It is Hong Kong’s newspaper of record, owned by Alibaba Group.
Recent from South China Morning Post:
South China Morning Post published this video item, entitled “Is cryptocurrency too risky for China?” – below is their description.
For more than a decade, huge fortunes have been made and lost in the world of cryptocurrency. While China has played a big role in the cryptocurrency boom, Beijing has been tightening its grip on the volatile market in recent years because of concerns it could disrupt the economy. Raymond Yeung, economist, and author of China’s Trump Card: Cryptocurrencies and its game changing role in Sino-US trade, says market volatility is only one reason state regulators do not view cryptocurrency as a legitimate form of payment.
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