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23 June 2021

Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance – Bitcoin News

Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance – Bitcoin News


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Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources.

Sina Weibo, the Chinese substitute for Twitter, has recently banned the accounts of a large amount of cryptocurrency and decentralized finance (defi) related accounts from its platform.

While Sina Weibo has not made an official statement of why these accounts related to cryptocurrency were banned, all of the accounts have a thing in common: they have “Bitcoin” (比特币) in their user names.

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