Shanghai, China, August 25, 2014 /ChinaNewswire.com - Xinwengao.com/ - Today Penguin China released ‘Chomping at the Bitcoin – The Past, Present and Future of Bitcoin in China’ written by Zennon Kapron. The book is a look at the development and future of the virtual currency in China.

In May 2013, China's main state‐run broadcaster aired a documentary about a little known virtual currency called Bitcoin. Over the next six months, the value of Bitcoin rocketed as Chinese money poured in. Unfortunately for many latecomers, the rapid rise in Bitcoin's price and popularity also attracted government scrutiny, causing an unforeseen and catastrophic plummet in value. In this China Special, finance industry expert Zennon Kapron investigates this mysterious digital currency and the far‐reaching implications of its use in China and around the world.

The book is now available as an e-book on all major online booksellers.

The Author
Zennon Kapron has over twenty years' experience in the finance and technology sectors and has lived in China for the last ten years. In 2007, he helped set up Kapronasia, a finance and technology market research and consulting firm, prior to which he worked at Citibank and Intel. He is regularly quoted in publications on Bitcoin and other financial technology trends. He has a BSc in Computer Science from Syracuse University and an MBA from INSEAD.

Penguin China Specials
Penguin Specials are designed to fill a gap. The specials can be read over a long commute or on a short journey, during your lunch hour or between dinner and bedtime. These books provide a short escape into a fictional world or act as a primer in a particular field or provide a new angle on an old subject. They are short, original and affordable.

Press Information Jane Li [email protected]