Chinese internet and social media services, including Baidu, Weibo, Zhihu and Sogo, have stopped reporting keywords related to cryptocurrency exchanges Binance, Huobi and OKEx.
When you enter the names of these marketplaces in English or Chinese, the search results are no longer displayed. At the same time, it is explained that the information on the entered keywords is not available due to the current laws, regulations and policies of the Chinese government.
Such harsh censorship of Binance, Huobi and OKEx from popular Internet services began after local regulators began to put pressure on mining and cryptocurrency trading. OKEx CEO Jay Hao’s Weibo account is still active. But this could change at any moment, as Weibo has blocked about twenty accounts of key figures in the cryptocurrency industry this month.
It is not the first time that Weibo has raised barriers to cryptocurrency exchanges. In March, Weibo blocked Binance, OKEx, and Huobi accounts for no reason. However, there has never been such a “collusion” of several Internet services before, so that they simultaneously exclude words from the search for specific queries about exchanges.
Last week, Chinese state media said that cryptocurrency trading was not banned in China, but urged the public to avoid digital currencies due to their high risks.
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