WeChat, China’s “super app” with over one billion users, has banned searches for Huobi, Binance and other cryptocurrency exchanges, according to blogger Colin Wu.
After China declared that foreign exchanges couldn’t serve residents from mainland China in September, trading platforms rushed to ban Chinese users from trading.
As reported by U.Today, Huobi will retire all of its Chinese users by the end of the year.
In a WeChat group, Leon Li, the founder of Huobi, recently explained that the exchange would be leaving China forever due to the dizzying crackdown.
Alex DovbnyaIn June, Baidu and other popular search engines banned searches related to crypto exchanges.
China’s internal firewall started blocking access to CoinMarketCap and CoinGecko, the two most popular cryptocurrency websites in late September.
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.
Arman Shirinyan
Dan Burgin
Vladislav Sopov