China's crypto censorship reaches over news outlets and mining pools

  • by:
  • Source: The Block
  • 11/26/2021


China's internet censorship machine has expanded to include crypto media outlets and mining pools in a continued attempt to minimize Chinese users' exposure to the crypto market ecosystem.

Chainnews, one of the major Chinese crypto media outlets established since 2017, is now shutting down all channels of content production and distribution.

Meanwhile, Chinese internet service providers have taken further steps to detect and block domestic miner IPs from connecting to major mining pool services, based on a China Telecom document seen by The Block. 

These moves are signs that China is not loosening its grip over the crypto industry even if its most severe crackdown efforts ever since the summer has already dampened retail interests and forced businesses and executives to either cut ties with the Chinese market or physically move overseas.

Source: The Block
China Censorship by Mike MacKenzie is licensed under Flickr CC BY 2.0

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