bitcoin

China block strategic crypto opinion leaders on Weibo

China have continued their onslaught against cryptocurrency – this time with some bite, consequently sending the market prices south.

  • The Asian country have blocked key  opinion leaders on Weibo (China’s biggest social media platform).

Chinese journalists, WuBlockchain, who specializes in covering cryptocurrency news tweeted about it earlier today.

“Breaking: On Weibo (China’s Twitter), a large number of cryptocurrency KOL accounts have been blocked. This is the harshest suspension of crypto in history, and it may be a response to Beijing’s crackdown policy.” Wu said in a tweet.

  • Many people believe this development confirms the government’s intention to fufil their threats of banning cryptocurrency.

About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

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