News Snapshot:
After shutting down thousands of cryptocurrency-related social media accounts and ordering the removal of tens of thousands of postings with a crypto theme, China’s internet censor has struck once more and said that it will continue to carry out a national crypto crackdown. The Cyberspace Administration of China, the country’s official censor, claims to have deactivated 12,000 accounts, mostly on Baidu’s Baidu Tieba and Sina’s Weibo platform, according to Yicai. Approximately 51,000 posts have been removed, and 105 websites have been made inaccessible. Although many Bitcoin miners are believed to still be operating in Mainland China, Beijing has been particularly...
