16 Nov Tron Weibo Account Gets Banned, Is China Cracking Down on Crypto?
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The crypto asset known as Tron, has had its official Weibo account banned from the social media platform.
Could China be starting its crackdown on cryptocurrencies, now that the country is close to launching a cryptocurrency of its own, the DCEP?
Tron and Binance Weibo Accounts Shut Down for Violating Law
According to Chinese crypto influencer, Dovey Wan, the official Tron Weibo account – China’s version of Twitter – has been banned citing “violation of law and regulation.”
Related Reading | Chinese Interest in Bitcoin Remains High Post Crypto Rally According to Data
Shortly following the influencer’s tweet about the subject, the official Weibo account for cryptocurrency exchange Binance was also banned. As of this writing, however, the Weibo accounts for Binance CEO Changpeng Zhao, Binance CMO Yi He, and Tron founder Justin Sun, have not been affected by the regulation-related banning.
In addition to this @binance Weibo is also shut down around the same time. @cz_binance
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