The China Cyberspace Administration (CAC) has announced that accounts promoting illegal cryptocurrency trading on social media platforms have been closed.
Institution August 9 on WeChat in his statement, Weibo and Baidu This year, with the help of social media platforms such as incentive the one who 12,000 your account has been shut down stated.
China further bans cryptocurrencies functional in order to make news and information has targeted acquisition resources. China’s regulator of cyber communications, Cyberspace Administration (CAC), closed this year 12,000 In addition to the account, it includes the idea of making easy money by investing in cryptocurrencies and encourages users to invest. incentive the one who 51,000 messages it said it was deleted. The institution also supports cryptocurrencies. investmentcryptocurrency speculation and cryptocurrency mining online on topics such as lesson giving 105 website is down explained.
In order to protect people’s assets, the institution puts pressure on illegal financial activities related to cryptocurrencies. by increasing more on the savings of citizens behaving responsibly stated that it should.