Crypto Silence On Weibo: China’s Influencers Face Censorship
Popular crypto influencers in China are facing a harsh reality as Beijing-based social media giant Weibo recently purged 80 of its most prominent crypto influencers. This move comes as China maintains its strict crackdown on cryptocurrency activities within its borders. Weibo’s action reflects the Chinese government’s ongoing stringent stance on digital currencies, raising concerns about […]
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The government doesn’t want a Chinese version of Elon Musk, an expert said. China’s crackdown on cryptocurrencies has reportedly spread to social media. Weibo, China’s Twitter-like microblogging service with over 530 million monthly active users, has reportedly suspended several popular Bitcoin (BTC) and crypto-related content creators on the platform.According to local reports, at least a dozen crypto influencers on Weibo have been unable to use their accounts on Saturday night. Weibo greeted other users who visited suspended accounts with a message saying the banned accounts have....
Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more profoundly in the last days with the crackdown of the state on crypto trading and mining. Sina Weibo Suspends Crypto-Related Accounts Sina Weibo, the Chinese substitute for Twitter, has recently banned the accounts of a large amount of cryptocurrency and decentralized finance (defi) related....
The Panama Papers will have political and social fallout for months and years to come, much like the Libor scandal or the Edward Snowden leaks. A vote of no confidence for Iceland’s prime minister and Internet censorship in China are likely but the beginning. With top Chinese leaders cited in the leaks, the nation is reportedly turning to Internet censorship to censor the topic. Süddeutsche Zeitung, in collaboration with the International Consortium of Investigative Journalists, reported that family members had connections . Censors were compromising the integrity of searches containing....
Typing in the keywords for crypto exchanges Binance, OKEx and Huobi on Chinese search engines is currently pulling up no results. China’s stance toward decentralized cryptocurrency trading appears to be getting even tougher. Chinese journalist Colin Wu and crypto news site 8BTCNews have both claimed that as of Wednesday, search results for some of the world’s leading cryptocurrency exchanges are pulling up zero results.Cointelegraph’s staff in China have themselves searched for cryptocurrency exchanges on the search engines and confirmed that results are inaccessible. However, a compound....
The Advertising Standards Council of India (ASCI) has reportedly revealed that more than 400 crypto ads violated its guidelines so far this year. The majority of complaints the ad council received are directed at influencers. “Some influencers talk so confidently about crypto without fully understanding it.”
419 Ads in Violation — Most Complaints Concern Influencers
The Advertising Standards Council of India (ASCI) has reportedly revealed that it received 453 complaints relating to crypto ads between January and May.
The council added that out of....