China blocks cryptocurrency Weibo accounts in ‘judgment day’ for bitcoin
by Reuters from Technology | The Guardian on (#5JR1C)
Several popular accounts on Twitter-like service are closed down, displaying message saying account violates laws and rules'
China has stepped up its crackdown on bitcoin trading and mining, blocking a slew of cryptocurrency-related accounts on the Twitter-like Weibo platform over the weekend.
More actions are expected, including linking illegal crypto activities in China more directly with the country's criminal law, according to analysts and a financial regulator.
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