Report: Nearly 13,000 Chinese Social Media Accounts Promoting Virtual Currency Closed – Regulation Bitcoin News Crypto New


Source: cryptosnewss.com cryptosnewss.com

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[ad_1] Nearly 13,000 Chinese social media accounts allegedly promoting virtual currency investments have been shut down, the Cyberspace Administration of China recently revealed. In addition, some 51,000 social media posts whose content was related to marketing or promoting investment in virtual currencies were removed. 105 websites shut down A Chinese regulator, the Cyberspace Administration of China (CAC), has reportedly said that 12,000 "illegal user accounts" on Weibo and Baidu that promoted investment in virtual currency have been shut down. Another 989 Weibo, Tieba and Wechat public accounts that encouraged netizens to invest in virtual currencies, including bitcoin, were also shut...