Chinese Search Networks Blocked Three Crypto Exchanges

The sites were also subject to restrictions from China’s largest social networks Weibo (similar to Twitter) and Zhihu (similar to Quora).

All Chinese search networks, including the largest of them – Baidu and Sogou, have blocked the issuance of three cryptocurrency exchanges: Binance, Huobi and OKEx. This was announced on Twitter by crypto journalist from China Colin Wu. According to him, the sites were also blocked by the Chinese social networks Weibo (analogue of Twitter) and Zhihu (analogue of Quora).

Breaking: On June 9th, all Chinese search engines such as Baidu and Sogou have blocked the three major exchanges: Binance Huobi and OKEx. pic.twitter.com/pmRZkIvOzn

— Wu Blockchain (@WuBlockchain) June 9, 2021

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In May, Vice Premier of the State Council of the People’s Republic of China Liu He called for stricter regulation of mining and crypto trading in the country. After that, the miners began to turn off the equipment and transport it to other countries. The first companies to stop mining cryptocurrency in China were BTC.TOP and HashCow.

Also last month, cryptocurrency exchange Huobi announced the suspension of customer service from mainland China. Later, the Bybit crypto exchange made the same decision. The site will cease serving Chinese residents from June 15, 2021.