Bitcoin adverts have appeared in newspapers and televised broadcasts recently as supporters of the cryptocurrency look to capitalise on concerns over US financial sanctions. Photo: ReutersBitcoin adverts have appeared in newspapers and televised broadcasts recently as supporters of the cryptocurrency look to capitalise on concerns over US financial sanctions. Photo: Reuters
Bitcoin adverts have appeared in newspapers and televised broadcasts recently as supporters of the cryptocurrency look to capitalise on concerns over US financial sanctions. Photo: Reuters

Bitcoin ads bash banks as fears mount over sanctions restricting access to US dollar payment system

  • Recent adverts in Hong Kong’s Apple Daily newspaper, international media outlets and Western broadcasts encourage investors to shun banks
  • Cryptocurrency supporters say one advantage is that it is not subject to government pressure, but critics point to its use in illegal activities

Topic |   China economy
Bitcoin adverts have appeared in newspapers and televised broadcasts recently as supporters of the cryptocurrency look to capitalise on concerns over US financial sanctions. Photo: ReutersBitcoin adverts have appeared in newspapers and televised broadcasts recently as supporters of the cryptocurrency look to capitalise on concerns over US financial sanctions. Photo: Reuters
Bitcoin adverts have appeared in newspapers and televised broadcasts recently as supporters of the cryptocurrency look to capitalise on concerns over US financial sanctions. Photo: Reuters
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.