Blockchain News Accounts Booted From WeChat

The authorities in the Beijing district home to the capital's financial district have banned bars, office buildings and shopping malls in the area from allowing any form of “cryptocurrency promotion activities.” Photo: VCG

*WeChat accounts which billed themselves as cryptocurrency information providers were shut down Tuesday after being suspected of promoting cryptocurrency trading and initial coin offerings

*Apps connected to these accounts are still available, but sources close to regulators say they will be targeted next

Several blockchain-related social media accounts were shut down on Tuesday evening as the government cranks up the pressure on cryptocurrencies.

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