April 26, 2024

Chinese social network Weibo has blocked accounts of exchanges Huobi, OKEx and Binance

Chinese social network Weibo has suspended the accounts of cryptocurrency exchanges Huobi, OKEx and Binance.reports The Block.

The reason for blocking was violation of lawsand Weibo Community Guidelines. Exactly what violations were committed by the exchanges, the company did not specify. Weibo has already restricted cryptocurrency-related accounts on its platform in the past.

Huobi, OKEx and Binance in China cite HBO as the most popular crypto exchanges.

In November 2019, Weibo suspended a Binance account for violating laws, regulations and community guidelines. All content and subscribers of the exchange account were also removed.

The service later took similar measures against the accounts of TRON founder Justin Sun and the CMO of the bitcoin exchange Binance Yi He.

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