JAKARTA – The Chinese government is getting harder and harder to stem the rate of cryptocurrency in its country. This is evident from their blocking of a number of well-known crypto platforms such as Binance, OKEx, and Houbi.

Therefore, crypto enthusiasts in China cannot search the names of the three largest crypto exchanges on all search engines. The action comes after the Chinese government blocked social media accounts discussing cryptocurrencies a few days ago.

Cited from Cryptopotato, a Chinese journalist with the Twitter account name Wu Blockchain openly disclosed this to the public. All local search engines such as Baidu and Sogou have blocked information relating to the three major crypto exchanges namely Binance, OKEx, and Houbi.

Binance diblokir di China (Tangkapan Layar, Twitter Wu Blockchain)

Wu also revealed that the three crypto exchanges were blocked on Chinese social media platforms such as Weibo and Zhihu. Crypto enthusiasts could not find the three crypto trading platforms even though the search was carried out using English and Chinese.

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In recent days the Chinese government has dealt a crushing blow to the cryptocurrency world. They also block accounts that often discuss crypto on Weibo social media. This includes accounts of influential crypto figures in the Bamboo Curtain country.

Since 2013 until now, China has repeatedly issued a policy to ban cryptocurrencies. This negative sentiment from the Chinese government had made the crypto market crash.

The country is very strict in stemming the rate of cryptocurrency after they issued digital Yuan money that has been tested in a number of cities. This attitude is different from a number of Latin American countries such as Paraguay, El Salvador, and Panama which openly accept cryptocurrencies.


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