Article from: NFT Evening
WeChat, China’s biggest social media platform, has just announced a ban on all crypto and NFT-related accounts. The move is the latest example of China’s strict position when it comes to crypto.
To be clear, the Chinese government does not technically control WeChat or its policy on banning crypto and NFTs. However, it is subject to the stringent rules that Chinese companies must follow. Significantly, it must share data with the Chinese government under the China Internet Security Law and National Intelligence Law. As a result, many critics and observers of the Chinese government see WeChat as somewhat of a surveillance tool.
The post China’s WeChat Updates Policy To Ban Crypto, NFT-related Accounts appeared first on NFT Evening.
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Article from: NFT Evening
