Saturday, February 4, 2023

Chinese Search Engines Do Not Show Results For Top Crypto Exchanges

China appears to be getting stricter against the crypto industry. 

Chinese crypto-journalist Colin Wu and a news website 8BTCNews have recently reported that the search results for some of the leading global crypto exchanges including Binance, Huobi and OKEx are appearing to be inaccessible.

However, the country has not blocked the compound searches like Binance Academy and Huobi Research Center. These sites are still able to pass through the censors of China. 

If the search result still appeared to be zero, then this would be considered Beijing’s latest step against the cryptocurrency industry. A few days ago, Weibo, a microblogging site of China, suspended many popular accounts related to cryptocurrency. 

Colin Wu, who is popular as Wu Blockchain on Twitter, in its report stated that two major search engines in China, Baidu and Sogou, do not show the result for three crypto exchanges. 

Further, in its report, Wu notified that on Monday, Weibo imposed the same measure to ban the crypto-related accounts on its platform. It also mentioned that an analog to Quora in China, Zhihu, has also followed in the steps.

The latest censorship is just a part of China’s attempt at banning crypto-related activities like mining and fundraising themes. The country has planned to target several areas of financial and payment institutions’ provision of services related to cryptocurrency and token financing platforms through this censorship program.

At present, none of the exchanges have come forward to speak on this latest censorship measure imposed by China.

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