Meitu Founder Announces Accumulation of 10,000 Bitcoins in 2018

Meitu Founder Announces Accumulation of 10,000 Bitcoins in 2018Cai Wensheng, the founder of Meitu Inc., a Chinese technology company that makes smartphones and selfie apps, has announced that his bitcoin holdings have reached a personal milestone of 10,000 BTC. Mr. Wensheng also discussed his investments in alternative cryptocurrencies, and compared the present state of the cryptocurrency sector to that of the internet of […]

The post Meitu Founder Announces Accumulation of 10,000 Bitcoins in 2018 appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Chinese Entrepreneur Warns Against Mining and ICO Bans

Chinese Entrepreneur Warns Against Mining and ICO BansAngel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government’s expanding regulatory crackdown on cryptocurrencies via Wechat. Mr. Wensheng warns that heavy-handed regulatory policies may squander the opportunity for China to maintain a significant presence in the burgeoning global cryptocurrency sector, in addition to arguing that many of […]

The post Chinese Entrepreneur Warns Against Mining and ICO Bans appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico