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Billionaire calls bitcoin ‘Chinese financial weapon’

Washington [US], April 8 (ANI): Referring to bitcoin as a ‘Chinese financial weapon’, billionaire tech investor Peter Thiel has urged the US government to consider tighter regulations on cryptocurrencies.

Thiel’s statements seemed to represent a change of heart for Thiel, who is a major investor in virtual currency ventures as well as in cryptocurrencies themselves, reported the Australian Financial Review (AFR) citing Bloomberg.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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