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Bitcoin Spawns China Virtual IPOs as U.S. Scrutiny Grows ...
quote:
He’s part of a small but growing group of investors in China who have put the country into contention with the U.S. as the biggest downloader of the virtual money that’s being used to buy a growing range of goods and services online. While intensified scrutiny by U.S. regulators casts doubt on the currency’s future there, China’s Bitcoin industry is expanding.
Thought this was an interesting article on China and Bitcoin. Bitcoin and China: More than Meets the Eye? – Bitcoin Magazine
quote:
However, with every passing month that the Chinese government simply sits around and does nothing, even while the central bank of Thailand, a longtime political ally of China, recommends that Bitcoin be banned, that hypothesis gets slightly less likely, and an alternative possibility comes into play: Bitcoin might be becoming China’s newest special economic zone.
This should open up asia, which you can see has a smaller presence. useBitcoins.info
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