China’s Social Media Giant WeChat Blocks a Number of Crypto Media Accounts, Sources Say

WeChat, the 1 billion-user Chinese social media platform developed by Tencent, has reportedly blocked a number of crypto and blockchain related accounts, local financial news outlet Lanjinger reported August 21. Lanjinger quotes a WeChat official as saying that some public accounts were suspected of publishing Initial Coin Offering (ICO) and crypto trading “hype” in violation of the service’s  “Interim Provisions on the Development of Public Information Services for Instant Messaging Tools” terms. The official said that official orders had been given to block all content and permanently block the relevant…

China’s Social Media Giant WeChat Blocks a Number of Crypto Media Accounts, Sources Say

WeChat, the 1 billion-user Chinese social media platform developed by Tencent, has reportedly blocked a number of crypto and blockchain related accounts, local financial news outlet Lanjinger reported August 21. Lanjinger quotes a WeChat official as saying that some public accounts were suspected of publishing Initial Coin Offering (ICO) and crypto trading “hype” in violation of the service’s  “Interim Provisions on the Development of Public Information Services for Instant Messaging Tools” terms. The official said that official orders had been given to block all content and permanently block the relevant…