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 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
China economy

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: 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 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