Chinese Search Giant Baidu Erases Crypto From Its Communication Platform

News
Mon, 08/27/2018 - 13:27
Alex Dovbnya
Baidu takes an anti-crypto stance
Cover image via U.Today

China’s clampdown on cryptocurrencies continues with the country’s leading search engine Baidu removing all crypto-oriented information from Baidu Tieba. From now on, the dejected local crypto community is essentially shut out from the largest communication platform in China. 

Baidu Tieba, a Chinese version of Reddit, deleted all publications as well as all sub-forums related to digital currencies, according to a local media outlet China Times. However, the tech giant admits that these measures will not produce a desirable effect since Chinese crypto enthusiasts tend to use overseas means of communication in the likes of Telegram.      

Last week, China also blocked a slew of offshore exchanges.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.


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