Please don’t skip this message — it only takes a minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent, ‘bitcoin-only’ media is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 is all we ask for. To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send sats as a tip to a writer. All of our writers have an active tipping widget.
  • Join our campaign on 
    Awesome perks are waiting for you such as the limited edition Bukele Blend Coffee from El Salvador.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.


is china about to change its stance on bitcoin ? recent CCTV segment might suggest so


Support free writers: > send a tip

written by

A segment highlighting the adoption of “digital assets” in Hong Kong was aired by China Central Television (CCTV) on May 23. According to the report, regulators in Hong Kong have completed their preparations for the trading of virtual assets within the special administrative region. They are now ready to accept applications from virtual asset trading platforms.

CCTV, China’s prominent state broadcaster, is believed to reach a massive audience of over 1 billion individuals through its diverse programs. Surprisingly, the 98-second segment on digital assets did not express any explicitly negative views.

This stands in sharp contrast to the strict regulations imposed by authorities in mainland China, which encompass a complete prohibition on bitcoin mining and exchange. However, the ownership of bitcoin is presently permitted.

During the segment, Zhonghui Cai, a representative of the Hong Kong Securities and Futures Commission (SFC), discussed the challenges involved in regulating virtual asset providers. These challenges include cybersecurity concerns, ensuring the security of clients’ assets, and addressing potential conflicts of interest between platforms and clients.

Following the completion of a consultation period, Hong Kong received a total of 152 written submissions regarding the policy. According to an official statement, a significant majority of respondents expressed agreement with the proposal to allow licensed trading platform operators to cater to retail investors.

The regulatory body encouraged digital assets firms to register with them. However, it emphasized that those who choose not to register should proceed with an orderly closure of their business in Hong Kong.

Furthermore, the announcement reiterated that the Hong Kong Securities and Futures Commission (SFC) has not yet granted approval to any virtual asset trading platform. It also clarified that most available trading services are not regulated by the SFC. Additionally, exchanges in Hong Kong are limited to listing only a small number of digital assets.

The inclusion of “virtual assets” discussions in state media received praise from various individuals, including Changpeng Zhao, the CEO of Binance. Expressing his excitement on Twitter, he described it as a significant development, that has the Chinese-speaking communities standing on their toes.

He also noted that historically, such media coverage has often been associated with bullish market trends and price surges.

Enjoyed the article?

100% of your tips go directly to [email protected]
Need a wallet? Get it here

⚡️ Tip The Author

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


bitcoin shop miami

Read More Bitcoin News

Hayek And Bitcoin

Hayek and Bitcoin

Hayek passed long before Bitcoin’s inception, but in his book The Denationalisation of Money, he argued for nothing short of stripping the state of its monopoly power of money itself.

Read More »


bitcoin shop miami

Join our Newsletter

Video of the Week


Latest on Bitcoin News

Join our Newsletter