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Chinese Search Giant Baidu Erases Crypto From Its Communication Platform

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Mon, 27/08/2018 - 13:27
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Chinese Search Giant Baidu Erases Crypto From Its Communication Platform
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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.

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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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