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With Eyes On Digital Currency, China Continues Assault On Cryptocurrency, Blocks Social Media Crypto Accounts

Budrul Chukrut/SOPA Images/LightRocket via Getty Images

‘Judgement Day For Crypto’

By Ian Haworth

In its latest assault on cryptocurrency, the Chinese government has blocked multiple crypto-related accounts on Weibo, the Chinese blogging platform, with more steps expected to follow, “including linking illegal crypto activities more directly with the country’s criminal law.”

As Reuters reported, “Over the weekend, access to several widely followed crypto-related Weibo accounts was denied, with a message saying each account ‘violates laws and rules.’”

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