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Regulators Block Cryptocurrency Exchanges’ Social Media Accounts

China banned cryptocurrency trading and fundraising last year. Photo: VCG
China banned cryptocurrency trading and fundraising last year. Photo: VCG

Chinese regulators are targeting social media accounts being used by cryptocurrency exchanges to continue reaching Chinese investors despite being banned on the mainland six months ago, Caixin has learned.

Content on the WeChat account of OKEx — the overseas platform launched by China’s leading crypto exchange OKCoin after it closed at home — is no longer accessible. A notice on the account says it “is suspected of violating rules and laws according to users’ complaints” and is therefore blocked.

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