Binance's CZ says China is 'buzzing' after bitcoin seen in TV segment

Quick Take

  • Binance CEO Changpeng “CZ” Zhao said that Chinese speaking communities are “buzzing” after state broadcaster China Central Television appeared to broadcast a segment about cryptocurrencies.
  • “It’s a big deal,” he wrote on Twitter.

Binance CEO Changpeng "CZ" Zhao said that Chinese-speaking communities are "buzzing" after state broadcaster China Central Television appeared to broadcast a segment about cryptocurrencies that featured the Bitcoin logo.

"It's a big deal," he wrote on Twitter. "Historically, coverages like these led to bull runs. Not saying past predicts the future. And not financial advice."

Zhao shared a link to CCTV's website that showed a segment that featured what appeared to be a Bitcoin ATM in Hong Kong. Besides a large blue logo, an option that said "Buy Bitcoins" was visible. NFTs were also highlighted in the seg