Binance CEO Changpeng "CZ" Zhao said that Chinese-speaking communities are "buzzing" after state broadcaster China Central Television appeared to broadcast a segment about cryptocurrencies that featured the Bitcoin logo.
"It's a big deal," he wrote on Twitter. "Historically, coverages like these led to bull runs. Not saying past predicts the future. And not financial advice."
Zhao shared a link to CCTV's website that showed a segment that featured what appeared to be a Bitcoin ATM in Hong Kong. Besides a large blue logo, an option that said "Buy Bitcoins" was visible. NFTs were also highlighted in the segment.
The segment, dated May 23, focused on a Hong Kong licensing system for virtual asset trading platforms. China prohibited the use of cryptocurrencies in 2021.
Bitcoin was down 3.4% on Wednesday, falling to $26,295, according todata on TradingView.
Honk Kong's Securities and Futures Commission on Tuesday released consultation conclusions about proposed regulatory requirements for virtual asset trading.
"A significant majority of respondents agreed to our proposal to allow licensed trading platform operators to serve retail investors," the commission said. "The SFC will implement a number of robust measures to protect these investors including ensuring suitability in the onboarding process, good governance, enhanced token due diligence, admission criteria and disclosures."
The "Guidelines for Virtual Asset Trading Platform Operators" will become effective on June 1. The rules will cover "safe custody of assets, segregation of client assets, avoidance of conflicts of interest and cybersecurity standards and requirements expected of licensed trading platforms."
"Hong Kongs comprehensive virtual assets regulatory framework follows the principle of 'same business, same risks, same rules' and aims to provide robust investor protection and manage key risks," SFC CEO Julia Leung said in a statement. "This will enable the industry to develop sustainably and support innovation.
2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Original post:
Binance's CZ says China is 'buzzing' after bitcoin seen in TV segment - The Block - Crypto News
- Binance CEO responds to rumors, says US executive is 'taking a deserved break' - Cointelegraph - September 17th, 2023 [September 17th, 2023]
- SEC reverses decision on sealing, redacting some documents in Binance.US case - Cointelegraph - September 17th, 2023 [September 17th, 2023]
- Binance.US legal and risk executives are leaving, Wall Street Journal reports - Reuters - September 17th, 2023 [September 17th, 2023]
- Binance.US not cooperating with investigation, US SEC says in filing - Cointelegraph - September 17th, 2023 [September 17th, 2023]
- Shiba Inu Payments Now in 9 Latin American Countries with This ... - The Crypto Basic - September 17th, 2023 [September 17th, 2023]
- Binance v SEC Lawsuit Update September 17: Problems With Documentation and More - CryptoPotato - September 17th, 2023 [September 17th, 2023]
- This Week on Crypto Twitter: Idris Elba Falls Flat, and Are We Near the End of Binance? - Decrypt - September 17th, 2023 [September 17th, 2023]
- Crucial Week Ahead for Crypto: Feds Interest Rate Decision, FOMC Meeting, And Binance Vs. SEC Hearing To Capture Attention - Coinpedia Fintech News - September 17th, 2023 [September 17th, 2023]
- Binance to Give Away up to $30000 Worth of Rewards in 2023 ... - PR Newswire - September 17th, 2023 [September 17th, 2023]
- Binance USD (BUSD): How Risky is It Saturday? - InvestorsObserver - September 17th, 2023 [September 17th, 2023]
- SEC accuses Binance.US of non-cooperation in ongoing ... - Cryptopolitan - September 17th, 2023 [September 17th, 2023]
- What's Next for Polygon (MATIC) After Binance Delisting? ApeCoin (APE) and Everlodge (ELDG) Price Prediction | Mint - Mint - September 17th, 2023 [September 17th, 2023]
- Whales Move 3 Million Arbitrum (ARB) Tokens To Binance, Borroe ... - Analytics Insight - September 17th, 2023 [September 17th, 2023]
- ATPBot now supports Binance and Kraken exchanges, Allowing ... - CryptoGlobe - September 17th, 2023 [September 17th, 2023]
- Binance creates smart contract to refund users affected by $3M rug pull - Cointelegraph - September 6th, 2023 [September 6th, 2023]
- Binance Adds XRP and Dogecoin to FDUSD Trading Lineup - U.Today - September 6th, 2023 [September 6th, 2023]
- Those 2 Cryptos were Delisted from Binance, ADA is one of them... - CryptoTicker.io - Bitcoin Price, Ethereum Price & Crypto News - September 6th, 2023 [September 6th, 2023]
- Binance Will Delist These Cryptocurrencies Starting September 8 - CryptoPotato - September 6th, 2023 [September 6th, 2023]
- Bitcoin, Ether down; Binance loses another top executive - Yahoo Finance - September 6th, 2023 [September 6th, 2023]
- PERP Spikes 90%, Perpetual Protocol Foundation Sends Tokens To Binance: Is This Good - NewsBTC - September 6th, 2023 [September 6th, 2023]
- Binance Departures Gather Pace With Kostarev, Smerkis Leaving - Bloomberg Law - September 6th, 2023 [September 6th, 2023]
- Binance USD (BUSD): Does the Reward Outweigh the Risks? - InvestorsObserver - September 6th, 2023 [September 6th, 2023]
- Crypto whales shuffle millions via Binance amid regulatory scrutiny - crypto.news - September 6th, 2023 [September 6th, 2023]
- Binance will reportedly delist Monero and privacy coins in Belgium - crypto.news - September 6th, 2023 [September 6th, 2023]
- Comparative Analysis of Binance Coin Against Major Market Cap ... - BTC Peers - September 6th, 2023 [September 6th, 2023]
- Binance Charity Unveils Survey Insights on International Day of ... - FinanceFeeds - September 6th, 2023 [September 6th, 2023]
- Binance To Launch opBNB Layer 2 Network Later This Month - The Defiant - DeFi News - August 18th, 2023 [August 18th, 2023]
- Coinbase Gets Approval to Tap Cryptos Biggest Market in Faceoff With Binance - Barron's - August 18th, 2023 [August 18th, 2023]
- Binance Connect Shutdown Highlights Crypto's Ongoing Identity Crisis - PYMNTS.com - August 18th, 2023 [August 18th, 2023]
- Binance seeks court protection against the SEC - CNBC - August 18th, 2023 [August 18th, 2023]
- Blockchain, Binance Hit With Suits Over Currency Trading Patents - Bloomberg Law - August 18th, 2023 [August 18th, 2023]
- First Digital USD soars on Binance as overall stablecoin market ... - CryptoSlate - August 18th, 2023 [August 18th, 2023]
- Binance Releases Proof Of Reserves Report | Crowdfund Insider - Crowdfund Insider - August 18th, 2023 [August 18th, 2023]
- Ethereum, Dogecoin, PEPE note millions in sudden liquidation owing to potential Binance FUD - FXStreet - August 18th, 2023 [August 18th, 2023]
- Is Binance USD (BUSD) a Good Investment Thursday? - InvestorsObserver - August 18th, 2023 [August 18th, 2023]
- Binance token BNB on the edge of oblivion - Crypto Daily - August 18th, 2023 [August 18th, 2023]
- Crypto.com's inroads into Korea contrasts with struggling Binance - - August 18th, 2023 [August 18th, 2023]
- Binance Price Prediction: Todays Binance Price, 18th Aug 2023 - BOL News - August 18th, 2023 [August 18th, 2023]
- Binance Coin (BNB) Price Analysis for August 11 - U.Today - August 18th, 2023 [August 18th, 2023]
- CYBER Token Claims Top Spot on CoinMarketCap After Binance ... - Captain Altcoin - August 18th, 2023 [August 18th, 2023]
- Binance Labs Invests $10M to Accelerate Helio Protocol's Liquid Staking Pivot - Decrypt - August 13th, 2023 [August 13th, 2023]
- Nigerian authorities call on government to ban Binance amid Naira crisis - CryptoSlate - August 13th, 2023 [August 13th, 2023]
- Why Binance Is Abandoning Most of Europe - CoinDesk - August 13th, 2023 [August 13th, 2023]
- Shiba Inu (SHIB) Surges 5% After Binance Collateral Announcement: Is a Bull Run on the Horizon for InQubeta (QUBE)? - Analytics Insight - August 13th, 2023 [August 13th, 2023]
- Binance Futures Axes Two Perpetual Contracts Tied to $ADA and $MATIC - CryptoGlobe - August 13th, 2023 [August 13th, 2023]
- Binance to Delist New ADA and MATIC Trading Pairs - U.Today - August 13th, 2023 [August 13th, 2023]
- Binance US Increases OTC Trading Limits to $30,000 For Shiba Inu and XRP - The Crypto Basic - August 13th, 2023 [August 13th, 2023]
- Binance Revenue Falling: Will Exchange Sell BNB to Save its Future? - CCN.com - August 13th, 2023 [August 13th, 2023]
- SEI Token Could Reach Nearly Half a Billion Market Cap on Binance Debut - CoinDesk - August 13th, 2023 [August 13th, 2023]
- What will Bitcoin do if the Justice Department takes aim at Binance? - Cointelegraph - August 13th, 2023 [August 13th, 2023]
- Ex Binance.US CEO Weighs In On Stablecoin Regulation, Claims A Boost For Dollar Adoption - Bitcoinist - August 13th, 2023 [August 13th, 2023]
- Liquid Supports Binance with eKYC solution in Japan - Yahoo Finance - August 13th, 2023 [August 13th, 2023]
- Binance.US Boosts Shiba Inu With Enhanced OTC Trading - TronWeekly - August 13th, 2023 [August 13th, 2023]
- Reasons why Binance should be banned in Nigeria - CryptoTvplus - August 13th, 2023 [August 13th, 2023]
- Should You Buy Binance USD (BUSD) Saturday? - InvestorsObserver - August 13th, 2023 [August 13th, 2023]
- Vulnerabilities threatening funds on exchanges like Binance, Coinbase revealed - South China Morning Post - August 13th, 2023 [August 13th, 2023]
- Telegram crypto bots gain momentum in the market: Binance ... - Cointelegraph - August 13th, 2023 [August 13th, 2023]
- Livepeer (LPT) Goes Parabolic With Epic 30% Pump on Binance ... - Captain Altcoin - August 13th, 2023 [August 13th, 2023]
- 'BitForge' security flaw to threaten Binance, Coinbase, and other ... - Cryptopolitan - August 13th, 2023 [August 13th, 2023]
- Analisys crypto of Stellar, Cosmos and Binance - The Cryptonomist - August 13th, 2023 [August 13th, 2023]
- Securities Litigation Attorney Comments On Bittrex Settlement: Don't Expect Same Treatment For Binance - Crowdfund Insider - August 13th, 2023 [August 13th, 2023]
- Cardano (ADA) and Binance Coin (BNB) Feeling the Heat as ... - Captain Altcoin - August 13th, 2023 [August 13th, 2023]
- Binance eyes United Arab Emirates as focal point for future operations - Cointelegraph - June 26th, 2023 [June 26th, 2023]
- Binance ordered to stop all digital currency services in Belgium - Reuters.com - June 26th, 2023 [June 26th, 2023]
- Binances Market Share Is Stuck Near One-Year Low - Yahoo Finance - June 26th, 2023 [June 26th, 2023]
- Binance.US solves USD withdrawal issues but warns it wont last long - Cointelegraph - June 26th, 2023 [June 26th, 2023]
- Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars Exchanges Bitcoin News - Bitcoin News - June 26th, 2023 [June 26th, 2023]
- Bitcoin's 'Great Accumulation,' Binance.US resumes withdrawals... - Cointelegraph - June 26th, 2023 [June 26th, 2023]
- Is Binance USD (BUSD) Heading the Right Direction Sunday? - InvestorsObserver - June 26th, 2023 [June 26th, 2023]
- Binance told to cease operations in Belgium, with officials citing acts that are liable to constitute a criminal offense - Fortune - June 26th, 2023 [June 26th, 2023]
- Binance Prohibited from Operating in Belgium, Effective Immediately - Crypto Briefing - June 26th, 2023 [June 26th, 2023]
- Binance faces scrutiny in Brazil, exec summoned to testify before Congress - Cointelegraph - June 26th, 2023 [June 26th, 2023]
- Binance Forced to Stop Providing Crypto Services in Belgium by ... - Cryptonews - June 26th, 2023 [June 26th, 2023]
- Binance and SEC reach deal over U.S. assets, and Fidelity-backed ... - CNBC - June 26th, 2023 [June 26th, 2023]
- Binance launches regulated platform in Kazakhstan amid troubles in the West - Cointelegraph - June 26th, 2023 [June 26th, 2023]
- Binance to implement Lightning Network nodes for enhanced Bitcoin transactions - Cointelegraph - June 26th, 2023 [June 26th, 2023]
- SEC sues Binance, part 3: VIPs on VPNs, wash trading, the Binance ... - David Gerard - June 26th, 2023 [June 26th, 2023]
- Binance denies affiliation with entity registered in UK - Cointelegraph - June 26th, 2023 [June 26th, 2023]
- Bitcoin, Binance Coin and Ripple Break to the Upside, but this ... - Analytics Insight - June 26th, 2023 [June 26th, 2023]
- First Steps in Binance: How to Buy and Sell Binance USD - Concept Phones - June 26th, 2023 [June 26th, 2023]