China Central Television (CCTV), the country's largest state broadcaster, has aired a segment on the adoption of cryptocurrencies in Hong Kong. The segment reported that Hong Kong regulators have made final preparations for the trading of virtual assets and will accept applications from virtual asset trading platforms.
Nothing negative was aired about cryptocurrencies during the 98-second segment. This is in stark contrast to the stringent regulation imposed on cryptocurrencies by authorities in mainland China, which includes a blanket ban on Bitcoin mining and cryptocurrency exchanges.
CCTV is China’s largest state broadcaster, with various programs catering to an audience of over 1 billion people.
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Policy and Regulation