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Chinese Messaging App WeChat Set To Ban All Accounts Associated With Crypto And NFTs ChinaPulse.com China News, Data, Media Intelligence and Insights

June 29, 2022
Source: chinapulse.com chinapulse.com
News Snapshot:
The crypto industry has experienced a lot of turmoil since 2021 till date. There have been many calls for regulations, mining bans, crypto gain taxes, etc. All these issues have made the sector very uncomfortable for investors. Of course, amid all that, the latest market crash hasn’t helped the situation either. But it seems that more hits are still in the pipeline for the crypto industry. The most recent issue now is the ban of crypto-related content on WeChat. This ban is coming from China again against the crypto industry. Recall that in 2021, China sent miners out of its...
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Tags: app | ban | bitcoin | blockchain | boycott | China | Chinese | content | crypto | data | fintech | IT | media | media intelligence | messaging | news | recall | social media | Tencent | WeChat

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