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Search Results for Binance, Huobi, and OKEx Blocked on Chinese Search Engines

source-logo  cryptoknowmics.com 09 June 2021 14:30, UTC

It has been recently reported by some sources that all the search engine platforms in China have blocked the search results for Binance, Huobi, and OKEx crypto exchanges. Colin Wu, a Chinese journalist and a news portal named 8BTC shared that Baido and Sogou search engines in China have blocked the search results for these crypto exchanges.

Baidu, Sogou Blocks Binance, Huobi, and OKEx Search Results

Along with the Chinese search engines, the Chinese analog of Twitter, Weibo has blocked the search results related to these crypto exchanges. The recent ban on search results can be considered as the continuation of the already imposed ban on cryptocurrencies in China that was recently resumed.

In addition to this, it has been reported earlier today that the Xinjiang province authorities in China have instructed the crypto miners to halt their operations.

It can strongly be witnessed that the attitude of China towards decentralized cryptocurrency trading and crypto exchanges is getting even more strict.

These recent restriction measures by China construct just a segment of the attempt of the country to control crypto activities such as mining and fundraising.

Mining Firms to Cease All Operations in the Country

The clampdown on mining has targeted the apprehension of the government over the carbon footprint of the industry.

As a result of this, it has been reported that three mining companies, HashCow, BTC.TOP, and Huobi have made an announcement regarding the termination of their operations on the mainland.

However, representatives from the mentioned crypto exchanges have not made any public announcement as of now regarding the evident social media restriction measures. 

Moreover, it should be noticed that though Binance has not provided any comment from its side on the present situation as of now. It has released a statement that revealed that the firm does not currently hold crypto exchange operations in China.

cryptoknowmics.com