China’s cryptocurrency ban can’t stop the media

While several major China crypto publications appear to be shutting down, several local news outlets are continuing their mission by turning to social media like Twitter.

China's cryptocurrency ban can't stop the media

According to an operator of one of the largest crypto publications in China, the recent ban didn’t have much of an impact on the local crypto media as there are so many ways to spread industry information.

On December 1, the operator (who spoke on condition of anonymity) said that several local crypto websites had shifted their communities to other communication channels such as Twitter and Telegram after the government imposed a new ban in September.

“They are trying to share more information there and limited on their websites. We can get all the information we want from Twitter. ”

Another person in the crypto media industry also said:

“More and more Chinese are coming to Twitter and Telegram, some of them even celebrities.”

You notice the People’s Bank of China explain All “virtual currency-related deals” are illegal, forcing some cloud service providers to stop providing services to websites such as BlockBeats and Odaily. However, that hasn’t stopped them from posting industry news and continuing to act across new domains and shift their focus to Twitter and Telegram.

According to industry cirHow china's new ban on crypto breaks from the past — Quartzcles, these websites have been blocked because they have addresses in Beijing.

“The media outside of Beijing will not be blocked.”

Several crypto publications such as Jinse, Panews and 8btc appear unaffected by the recent ban.

The China crypto media operator emphasized that the crypto world is defined as decentralized and stated:

“There is always hope for the Chinese crypto industry. We still have the resources and we have more and more users, evangelists, developers, and others. There is nothing to worry about. Everything happens for the best. ”

In particular, the industry’s most important news channel, ChainNews, lost its connection in November.

According to sources, ChainNews decided to end the service later this month. The last post of publication on the Telegram channel was on November 25th. The website had more than 1.5 million visits in the past month, according to the data by SimilarWeb.
China bans financial, payment institutions from cryptocurrency business |  Reuters

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

China’s cryptocurrency ban can’t stop the media

While several major China crypto publications appear to be shutting down, several local news outlets are continuing their mission by turning to social media like Twitter.

China's cryptocurrency ban can't stop the media

According to an operator of one of the largest crypto publications in China, the recent ban didn’t have much of an impact on the local crypto media as there are so many ways to spread industry information.

On December 1, the operator (who spoke on condition of anonymity) said that several local crypto websites had shifted their communities to other communication channels such as Twitter and Telegram after the government imposed a new ban in September.

“They are trying to share more information there and limited on their websites. We can get all the information we want from Twitter. ”

Another person in the crypto media industry also said:

“More and more Chinese are coming to Twitter and Telegram, some of them even celebrities.”

You notice the People’s Bank of China explain All “virtual currency-related deals” are illegal, forcing some cloud service providers to stop providing services to websites such as BlockBeats and Odaily. However, that hasn’t stopped them from posting industry news and continuing to act across new domains and shift their focus to Twitter and Telegram.

According to industry cirHow china's new ban on crypto breaks from the past — Quartzcles, these websites have been blocked because they have addresses in Beijing.

“The media outside of Beijing will not be blocked.”

Several crypto publications such as Jinse, Panews and 8btc appear unaffected by the recent ban.

The China crypto media operator emphasized that the crypto world is defined as decentralized and stated:

“There is always hope for the Chinese crypto industry. We still have the resources and we have more and more users, evangelists, developers, and others. There is nothing to worry about. Everything happens for the best. ”

In particular, the industry’s most important news channel, ChainNews, lost its connection in November.

According to sources, ChainNews decided to end the service later this month. The last post of publication on the Telegram channel was on November 25th. The website had more than 1.5 million visits in the past month, according to the data by SimilarWeb.
China bans financial, payment institutions from cryptocurrency business |  Reuters

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

Visited 1 times, 1 visit(s) today

Leave a Reply