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.
Tue, 10/12/2021 - 19:32
Russia Won't Ban Crypto Trading, Says Deputy Finance Minister
In 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.
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Vladislav Sopov