Crypto Media Banned From WeChat In Sudden Online Sweep

Blockchain and cryptocurrency media accounts in China have been banned on WeChat, the messenger app owned by Tencent.

At press time, on Jinse's official Wechat account, none of its previous articles are shown.

Instead, a text is posted indicating that the account has been banned.

"Due to users' complaints and after the platform's examinations, the account is found to violate 'Temporary Regulations on the Development and Management of Public Information Services for Instant Messaging Tools' and all contents have been banned. The account has been prohibited for use."

The same message is also shown on the account pages for Deepchain, Huobi News and CoinDaily.

"The users of instant messaging tools serving in public information service activities shall abide by relevant laws and regulations. For instant messaging service users who violate the agreement, the instant messaging service provider shall take measures such as warning, restriction, suspension, and closure until the account is closed, meanwhile saving the relevant records and fulfilling the obligation to report to the relevant authority."

Back in March, People's Daily, the state-run media outlet in China, directly criticized blockchain and cryptocurrency media outlets in China and claimed that these media outlets were helping manipulate the cryptocurrency market.

Notably, Jun Du, the founder and CEO of Huobi, was named in the commentary as "a classic example" of the problem in China's blockchain media ecosystem.

Usually considered as the voice of the Chinese Communist Party, People's Daily's commentary was seen by some as the government's call for stricter regulations on blockchain media outlets.

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