ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • CRO
  • ETH
  • BRC
  • Listing Platform
  • BSC
  • CRO
  • ETH
  • BRC
What's Hot

Businesses should hold two payrolls ‘worth of cash’ in crypto: Tim Draper

March 26, 2023

Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

March 26, 2023

Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

March 26, 2023
Twitter Telegram
  • Listing Platform
  • Home
  • BSC
  • CRO
  • ETH
  • BRC
Advertise
Twitter Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Businesses should hold two payrolls ‘worth of cash’ in crypto: Tim Draper

    March 26, 2023

    Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

    March 26, 2023

    Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

    March 26, 2023

    Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

    March 26, 2023

    Businesses should hold two payrolls ‘worth of cash’ in crypto: Tim Draper

    March 26, 2023

    Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

    March 26, 2023

    Crypto Trader Maps Path Forward for Aptos and Chainlink, Predicts Altcoins Will Fly Once Bitcoin Cools Off

    March 25, 2023

    Bitcoin liquidations vanish as trader hopes $30K will hit before dip

    March 25, 2023

    Euler Finance exploiter returns over 58,000 stolen Ether

    March 25, 2023

    Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

    March 24, 2023

    Heavyweight champ Oleksandr Usyk seeks to tokenize boxers’ careers

    March 24, 2023

    Arbitrum airdrop sells-off at listing, but traders remain bullish on ARB

    March 23, 2023

    Polkadot, Kusama and Cardano Leading Crypto Space in Terms of ‘Notable GitHub Activity’: Santiment

    March 25, 2023

    Cardano Creator Charles Hoskinson Says US Government Waging War on Crypto, Urges Industry Leaders To Step Up

    March 25, 2023

    Arbitrum Discord hacker shares phishing announcement amid airdrop hype

    March 25, 2023

    Analyst Predicts Ethereum Rival Will Explode by Over 90%, Updates Outlook on XRP, Cardano and Solana

    March 25, 2023

    Businesses should hold two payrolls ‘worth of cash’ in crypto: Tim Draper

    March 26, 2023

    Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

    March 26, 2023

    Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

    March 26, 2023

    Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

    March 26, 2023
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos

    🔴 US Economy is headed for a "DISASTER of EPIC Proportion"! 🔴

    March 24, 2023

    I Can't Believe They Did This?! Signature Shutdown!

    March 24, 2023

    NO ONE Will Admit THIS! #shorts #bitcoin #youtubeshorts

    March 24, 2023

    #1 Bitcoin Mistake! (DO NOT DO THIS)

    March 24, 2023

    The SEC Crackdown Against Crypto Just Got Worse..

    March 23, 2023
  • jeet-detector-botJDB(JDB)
    $0.00-0.61% 24H
    JDB
    24H : -0.61%
    Volume : $0.00
    Marketcap : $0.00
  • bitcoinBitcoin(BTC)
    $0.000.040% 24H
    BITCOIN
    24H : 0.040%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.000.170% 24H
    ETHEREUM
    24H : 0.170%
    Volume : $0.00
    Marketcap : $0.00
  • usdex-stablecoinUSDEX(USDEX)
    $0.00-0.47% 24H
    USDEX
    24H : -0.47%
    Volume : $0.00
    Marketcap : $0.00
  • tetherTether(USDT)
    $0.000.030% 24H
    TETHER
    24H : 0.030%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.000.390% 24H
    BNB
    24H : 0.390%
    Volume : $0.00
    Marketcap : $0.00
  • usd-coinUSD Coin(USDC)
    $0.000.090% 24H
    USD COIN
    24H : 0.090%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.002.30% 24H
    XRP
    24H : 2.30%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.00-1.81% 24H
    CARDANO
    24H : -1.81%
    Volume : $0.00
    Marketcap : $0.00
  • dogecoinDogecoin(DOGE)
    $0.00-0.54% 24H
    DOGECOIN
    24H : -0.54%
    Volume : $0.00
    Marketcap : $0.00
  • jeet-detector-botJDB(JDB)
    $0.00-0.61% 24H
    JDB
    24H : -0.61%
    Volume : $0.00
    Marketcap : $0.00
  • bitcoinBitcoin(BTC)
    $0.000.040% 24H
    BITCOIN
    24H : 0.040%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.000.170% 24H
    ETHEREUM
    24H : 0.170%
    Volume : $0.00
    Marketcap : $0.00
  • usdex-stablecoinUSDEX(USDEX)
    $0.00-0.47% 24H
    USDEX
    24H : -0.47%
    Volume : $0.00
    Marketcap : $0.00
  • tetherTether(USDT)
    $0.000.030% 24H
    TETHER
    24H : 0.030%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.000.390% 24H
    BNB
    24H : 0.390%
    Volume : $0.00
    Marketcap : $0.00
  • usd-coinUSD Coin(USDC)
    $0.000.090% 24H
    USD COIN
    24H : 0.090%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.002.30% 24H
    XRP
    24H : 2.30%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.00-1.81% 24H
    CARDANO
    24H : -1.81%
    Volume : $0.00
    Marketcap : $0.00
  • dogecoinDogecoin(DOGE)
    $0.00-0.54% 24H
    DOGECOIN
    24H : -0.54%
    Volume : $0.00
    Marketcap : $0.00
ApeWatcher News
Home » China’s WeChat Updates Policy To Ban Crypto, NFT-related Accounts
NFT

China’s WeChat Updates Policy To Ban Crypto, NFT-related Accounts

NFT EveningBy NFT EveningJuly 5, 20220 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

WeChat, China’s biggest social media platform, has just announced a ban on all crypto and NFT-related accounts. The move is the latest example of China’s strict position when it comes to crypto.

All about the WeChat crypto and NFT ban

The Hong Kong-based crypto news reporter Colin Wu shared the updated policy on Twitter on Monday. In the tweet, Wu notes that public accounts on WeChat that involve “the issuance, trading and financing of crypto and NFTs” are subject to a ban. The reporter also highlights that WeChat, has an astounding 1.1 billion daily active users in China.

To be clear, the Chinese government does not technically control WeChat or its policy on banning crypto and NFTs. However, it is subject to the stringent rules that Chinese companies must follow. Significantly, it must share data with the Chinese government under the China Internet Security Law and National Intelligence Law. As a result, many critics and observers of the Chinese government see WeChat as somewhat of a surveillance tool.

To say that China has a strained relationship with crypto and NFTs is a huge understatement. Indeed, the country has gone out of its way to ban use of most global cryptocurrencies and NFT platforms in recent months.

With all that said, China’s relationship to crypto isn’t exactly straightforward. As a matter of fact, the country has experimented both with NFTs and its own centralized digital currency. Evidently, the decentralized aspects of crypto are the main pain point as far as the Chinese government is concerned. Certainly, that’s what the crypto WeChat ban seems to suggest.

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

GDC 2023 Oscars-style Red Carpet Greeted Gamers

March 25, 2023

Deadfellaz Presents: Front Facing Fellaz

March 25, 2023

MVFW 2023 Brings IRL Fashion To The Metaverse!

March 25, 2023

Sony eyes NFT transfers across multiple game platforms, reveals patent

March 25, 2023

How to buy and sell NFTs on Nifty Gateway

March 25, 2023

NFT investor accidentally burns $135k CryptoPunk trying to borrow money

March 25, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Articles

Businesses should hold two payrolls ‘worth of cash’ in crypto: Tim Draper

March 26, 2023

Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

March 26, 2023

Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

March 26, 2023
ApeWatcher News
Twitter Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2023 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.