China once again cracks down on cryptocurrencies, news outlets

BANNED: On Tuesday, eight blockchain and cryptocurrency-focused media outlets were banned on WeChat, China's most influential instant communication and mobile payment app. (Foto: Wikimedia Commons (CC BY-SA 3.0))

China once again cracks down on cryptocurrencies, news outlets

IDG NEWS: The Chinese government has banned more than a half dozen online media outlets after they published information on cryptocurrencies, and a regional government authority clamped down on all venues hosting crypto events.

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In an ongoing campaign to tamp down the growth of once-flourishing cryptocurrencies it sees as a threat, the Chinese government has ordered more than a half dozen online news outlets to shut down and banned physical venues from hosting crypto-related events.

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IDG News Service