The Digital Source For China's Tech Innovation Since 2000

China was right to ban cryptocurrencies, says billionaire Warren Buffett partner

December 4, 2021
Source: playcrazygame.com playcrazygame.com
News Snapshot:
Charlie Munger, a large billionaire investor and vice president of Berkshire Hathaway, has again criticized cryptocurrencies such as bitcoin (BTC), while supporting China’s decision to ban much of the country’s crypto-related activity. “The Chinese have made the brokerage decision, which is to just ban them,” Munger said at the Sohn Hearts & Minds Investment conference in Sydney, according to the Australian Financial Review. This year, China introduced a massive crackdown on the crypto industry, forcing large bitcoin mining operators out of the country. Crypto trading and other activities related to cryptoactives have also been banned in China, resulting in a...
Go To Original Source →
Tags: Alibaba | ban | bank | bitcoin | blockchain | boycott | BTC | chairman | China | Chinese | crackdown | crypto | cryptocurrency | currency | development | environment | finance | financial | fintech | investment | investor | online shopping | technology | Tencent | website

Other Related News:

Australia's economy is a basket case again. Will Jim Chalmers take it on?

May 12, 2025

India and Pakistan's fragile ceasefire only the first step to tackling deep, acrimonious conflict

May 12, 2025

Trump 'to accept luxury Palace in the Sky Boeing 747-8 jumbo jet from Qatari royals' in most expensive gift ever to US

May 12, 2025

Trump will destroy world trade, but democracies can defend themselves – and each other

May 11, 2025

The iPhone 16 Pro Max has changed the way I think about fast charging

May 11, 2025

The big idea: could the English language die?

May 11, 2025

‘I hope this helps to capture a part of Hong Kong’s history’: Tong Ho Chung Howard’s best phone picture

May 11, 2025

Nigel Farage is a hit on TikTok – but are young voters listening or laughing?

May 11, 2025

“Qt is everywhere” – we hear about the development framework secretly featuring on billions of devices across the world

May 11, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter