Chinese messaging and digital payment platform WeChat has pulled the plug on some accounts publishing content related to blockchain technology and cryptocurrencies, Caixin reports.
According to the financial news provider, WeChat has permanently banned several accounts that focus on promoting blockchain, cryptocurrencies, initial coin offerings (ICOs), and crypto trading. It said the content runs counter to Chinese rules on digital currency trading.
“On the evening of August 21, the WeChat public number of several blockchain media, including Golden Finance and Coin World, was sealed,” the report said.
In explaining the move, WeChat said:
“A Tencent official said that some public accounts are suspected of publishing ICO and virtual currency trading hype information violatin...
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