Leading internet services providers in China along with Baidu, Weibo, Zhihu, and Sogo appear to possess started censoring keywords associated with crypto exchanges catering to Chinese traders and investors.
The censorship of keywords related to Binance, Huobi, and OKEx by the favored internet services comes after officials in China recently started putting pressure on crypto mining and trading activities.
At the reporting time, searching either the Chinese or English names of Binance, Huobi, and OKEx on Google-like Baidu, Sogo, Quora-like Zhihu, or Twitter-like Weibo shows zero search results, as verified by EtherDesk.
On Weibo, for instance, its mobile app states as “according to the relevant laws, regulations, and policies, the search results haven’t been displayed,” when EtherDesk attempted to look at Binance, Huobi, and OKEx both in English as well as in Chinese.
Moreover, Weibo accounts for cryptocurrency Key Opinion Leaders [KOLs] in China were still active at the time of reporting, along with Jay Hao, OKEx’s CEO, and Justin Sun, the founding father of Tron.
Bitcoin [BTC] along with other cryptocurrencies have continued to face price pressure due to rising concerns from investors and traders outside and inside China about the regulatory regime for crypto within the East Asian country.