17/11/19 05:06 UTC-5

China's Weibo social network has blocked a Binance account

The Chinese counterpart to Twitter has put a lock on the official account of the Binance exchange. Decisions could provoke changes in the rules of the social network, as the resource chinatimes suggests.


Binance violated the laws of the Weibo network

Information that included the number of subscribers from the page was deleted. Representatives of the social network did not report the exact reasons for the block. A text was posted on the account page according to which the exchange violated laws, regulatory requirements and provisions of the Network Community Convention.

The publication chinatimes concluded that the launch of peer-to-peer tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
using Alipay and WeChat could lead to the blocking of the exchange account. Owners of devices with the Android operating system tested the initiative of the exchange. Subsequently, trading should become available for iOS, as cryptocurrency news reports. 

Interesting in the section: Financial geography: the great crypto-plan of China

See also: "The Bitfinex exchange will launch a cryptocurrency market forecast platform"

#China #Binance #cryptocurrencyexchanges #Alipay #WeСhat

Editor: Daria Mukhina