Most important chinese Tech magazine provides payment in Bitcoin to show Blockchain ‘Practicality’

Beijing Sci-Tech record (BSTR), China’s oldest media publication masking the tech enterprise, has announced it’ll providesubscriptions payable with Bitcoin (BTC), local media outlet Guangming said Sunday, September 30.

An clearly uncommon incidence from China, had been government strain has compelled crypto exchanges and preliminary Coin providing (ICO) operators to halt sports over the last year, BSTR says it desires to sell blockchain and crypto use via “sensible movements.”

“[S]ubscribers pays subscription costs to the unique bitcoin receiving deal with of the newspaper to finish the subscription,” Guangming confirms.

The product on offer is an annual subscription to the e-book’s ‘Tech lifestyles’ magazine, which charges zero.01 BTC (about $sixty five).

chinese language authorities continue to clamp down on buying and selling and promotional operations associated withcryptocurrency, Cointelegraph reporting on clean efforts to address remote places systems by way of blocking get admission to to them online in August.

at the identical time, proudly owning and investing in cryptocurrency isn’t always officially unlawful.

Responding to queries about the BSTR pass on social media, chinese language cryptocurrency information commentator cnLedger underlined the fact that through presenting a Bitcoin subscription, the book was no longer breaking the law.

proudly owning and making an investment in crypto isn’t always banned,” it wrote.

otherwise Jihan (Wu, CEO) of Bitmain and Leon (Li, CEO) of Huobi might be among the first ones to get fined/stuckheapsif now not tens of millions could were arrested already (massive quantity of OTC tradings).”

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