- Warren Wang, CEO of CIIX, says trading is active for cryptocurrencies in China on over-the-counter exchanges
- CIIX doubles down on its commitment to bitcoin and other cryptocurrencies, spinning off two other corporate divisions to spend more time on building its new cryptocurrency division
- The company’s goal is to gain revenue, profitability and value for its shareholders
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://ibn.fm/KZGmN). 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://ibn.fm/xt19y), 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
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