- The People’s Daily in China recently mentioned VeChain (VET) in an article.
- VeChain (VET) was spoken highly of regarding its technology, being tagged as a world leader.
VeChain, a Singapore-based blockchain project has been directly mentioned in a major Chinese news outlet, People’s Daily, a move that appears to be attempting to fuel the adoption of the platform in China.
It comes at a time when there is much positive promotion coming from China, with regards to Bitcoin and blockchain technology in general.
The blockchain platform continues moving rapidly on the upward trajectory, as covered by the People’s Daily. The Chinese newspaper also supported it with the tag, “world leader” in the blockchain industry.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks

Dogecoin could extend technical breakout, targeting $0.20 threshold
Dogecoin is steadying its recovery on Tuesday, following a technical breakout in the previous month. The leading meme coin hovers at around $0.1701 at the time of writing, showcasing the potential for further gains while aiming for the resistance level of $0.2000.

Pi Network Price Forecast: Whales acquire over 2 million PI tokens amid slowdown under $0.50
Pi Network (PI) edges lower by nearly 1% and trades at $0.45 at press time on Tuesday as the available wallet balance of centralized exchanges (CEX) grows, suggesting increased supply pressure.

Crypto Today: Bitcoin, Ethereum, XRP showcase recovery potential despite renewed tariff uncertainty
Cryptocurrency prices show signs of recovery on Tuesday following a volatile session the prior day, driven by tariff uncertainty and trade tensions between the United States (US) and its trading partners.

Bitcoin stabilizes at $108,000 as Trump’s tariff moves spark fresh risk-aversion
Bitcoin price stabilizes around $108,000 on Tuesday after a brief dip, showing resilience amid macroeconomic headwinds. President Trump sends out new “tariff letters” and extends the deadline for reciprocal tariffs to August 1, triggering a fresh wave of global risk-aversion.

Bitcoin: BTC ends Q2 with 30% gains, Standard Chartered eyes $200K by year-end
Bitcoin (BTC) closed a strong second quarter (Q2), recording nearly 30% in quarterly gains amid rising corporate and institutional demand and bullish market sentiment.

The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.