China once again cracks down on cryptocurrencies, news outlets
Credit to Author: Lucas Mearian| Date: Thu, 23 Aug 2018 10:06:00 -0700
In an ongoing campaign to tamp down the growth of once-flourishing cryptocurrencies it sees as a threat, the Chinese government has ordered more than a half dozen online news outlets to shut down and banned physical venues from hosting crypto-related events.
On Tuesday, eight blockchain and cryptocurrency-focused media outlets were banned on WeChat, China’s most influential instant communication and mobile payment app, for allegedly violating new government regulations forbidding the publishing of information related to initial coin offerings (ICOs) or cryptocurrency trading speculation.