ChineseInvestors.com, Inc. (OTCQB: CIIX) sees a bright future for cryptocurrencies in China due to interest among Chinese investors in making cryptocurrencies part of their portfolios of assets (http://nnw.fm/8eAv8). Warren Wang, CEO of CIIX, said in a news release that the emerging middle class in China is expressing its desire to be educated about trading and investing in bitcoin and other cryptocurrencies.
CIIX, as a result, is doubling down on its commitment to bitcoin growth by offering a real-time daily video broadcast from the NYSE, targeted at the Chinese-speaking community in China and North America. The broadcast’s goal is to educate viewers on the latest cryptocurrency news. The company also hosts a bitcoin ATM in the lobby of its San Gabriel, California, headquarters.
Wang, in a recent interview on The Bad Crypto Podcast (http://nnw.fm/5LImO), said that Chinese investors are selling and buying cryptocurrencies through unregulated, over-the-counter exchanges, because conventional exchanges are banned by the government from trading in cryptocurrencies. These investors, he said, are persistent in their desire to trade the volatile cryptocurrency. Wang stressed that the Chinese community is motivated by the growth of bitcoin and other cryptocurrencies.
CIIX is a diverse company serving the Chinese-speaking community. It has recently spun off two of its corporate divisions that were involved in hemp marketing and the legal cannabis industry to focus, instead, on the education and marketing of bitcoin and other cryptocurrencies.
“There’s so many cryptocurrencies from China emerging, or at least on the exchange right now,” he said in the interview. He added that there is tremendous opportunity for CIIX to bring added revenue and profitability to its shareholders as the Chinese investment community seeks education about the volatile market of bitcoin and other cryptocurrencies. He urged entrepreneurs to be patient as this large community takes time to learn more about this market.
For more information, visit the company’s website at www.ChineseInvestors.com
More from CryptoCurrencyWire
About CryptoCurrencyWire
CryptoCurrencyWire (CCW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CryptoNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CCW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information converge.
For more information please visit https://www.cryptocurrencywire.com
Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://www.cryptocurrencywire.com/disclaimer/
CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com
Canary Capital is planning to introduce the first U.S. exchange-traded products (ETPs) linked to Hedera…
The 15th edition of the legendary crypto forum confirms its status as the leading global…
Crypto flows between Cambodia’s Huione Guarantee and South Korea’s biggest crypto exchanges soared nearly 1,400-fold…
JPMorgan is planning to let institutional clients use their Ether and Bitcoin holdings as loan…
The crypto market endured one of its most brutal days on record as a rapid…
A Chinese tech manufacturer is extending unusually generous terms to a cryptocurrency venture partly owned…