The Government of Nigeria on June 5th announced a ban on the social media platform, Twitter, restricting it from operating in Nigeria through the office of the Minister for Information and Culture. This action reportedly comes after Twitter deleted tweets by the President threatening a repeat of the Nigeria-Biafra 1967 Civil War. The ban has […]

China banned several crypto-related social media accounts on Weibo. Last month, the country outlawed crypto exchanges & financial services.

Bitcoin price dropped 5% after Weibo blocked several accounts maintained by crypto influencers, media…

The post China’s Weibo Blocks Crypto Accounts Amid Fresh Crackdown appeared first on Coin Journal.

This is not the first time that the Twitter-like platform has suspended crypto-related accounts.

The government doesn’t want a Chinese version of Elon Musk, an expert said.

Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province.  Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local branch of China’s central bank,Read More

The Chinese crackdown on cryptocurrencies has reached the popular social media platform Weibo, the Chinese equivalent of Twitter. Many accounts associated with crypto promotions have been banned by the platform in light of the latest call for a crypto crackdown from the central government. The large blocking of crypto accounts on Weibo is believed to

The post Breaking: China’s Twitter ‘Weibo’ Bans Large Number of Crypto Accounts appeared first on Coingape.

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