According to PANews, the Financial Times has issued a public apology to its readers for its negative coverage of cryptocurrencies over the past 14 years. The media outlet acknowledged that with Bitcoin's recent surge past $100,000, a significant number of commentators believe an apology is warranted for its longstanding skeptical stance.
The Financial Times expressed regret for any decisions readers may have made based on its reports, which might have led them to refrain from purchasing assets that later appreciated in value. The publication noted that the price increase is indeed a positive development. Furthermore, the Financial Times apologized for any misunderstanding that its cynical attitude towards cryptocurrencies might have been interpreted as support for traditional finance, clarifying that it also disapproves of such behavior.
