China’s WeChat bans crypto and NFT-related accounts

2022.06.21 07:35

China’s WeChat bans crypto and NFT-related accounts

The top social media platform in China, WeChat, has updated its policies to ban accounts that provide access to crypto or NFT-related services.

Under the new guidelines, accounts involved with the issuance, trading, and financing of crypto and NFTs will be either restricted or banned and will fall under the “illegal business” category.

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