Chinese State Media Indicates China Is NOT Banning Crypto Trading

A series of new reports from state-owned media aren’t kind to crypto trading, but they reinforce that it is still allowed.

Jun 3, 2021

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ABOUT

A series of new reports from state-owned media aren’t kind to crypto trading, but they reinforce that it is still allowed.

This episode is sponsored by Nexo.io.

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Today’s episode looks at crypto in geopolitical context, focusing on:

A follow-up on the ransomware surge, with experts suggesting that it’s not about crypto payments but about the “ransomware-as-a-service” distribution model
A look at why a Russian opposition leader is moving his supporters to crypto fundraising exclusively
A review of a series of reports from Chinese state-owned media that, while trying to convince citizens to stay away, nevertheless reinforce they still have agency to own and trade crypto

Image credit: Igor Kutyaev/iStock/Getty Images Plus

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.