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China Witch Hunt Continues: Guangzhou Hub Shuts Down Crypto Events

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Wed, 29/08/2018 - 12:17
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China Witch Hunt Continues: Guangzhou Hub Shuts Down Crypto Events
Cover image via U.Today
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The Guangzhou district, an important economic area in the South of China, is reported to have banned all promo events to do with virtual currencies in line with the current stance of the Chinese government.

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On Friday, Aug. 24, it published a notice prohibiting any crypto-related events in the area. Earlier, the Tencent giant also followed the directions from above, banning all WeChat accounts related to the crypto industry. Besides, similar orders were given regarding the Chaoyang area of Beijing, also a popular Blockchain hub in the past.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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