Quote from: m0Ray on October 30, 2019, 04:25:50 PM

The difference is that China issues state-owned cryptocurrency. Facebook is a private company that wanted to issue a regulated cryptocurrency. But these are different things. China in this case very much succeeded and the shares of their companies were able to soar. Only I can not understand why because of such news the shares of amerekan companies also rose by 1.5%?

China has more chance here to have and successfully launched its own coin compared to Facebook. Chinese government led the adoption of blockchain and it's their smartest move to start building a coin.
Facebook is still having a hard time to propose their crypto to be legalized by their government. If this is somehow also considered by the US government, then maybe Facebook can have the same movement as China.