Colin Wu Bitcoin China Provident Target Digital Platform Colin Wu Bitcoin China

WeChat to Ban Crypto and NFT-Linked Accounts, following Updated Terms of Use

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China’s WeChat, the Tencent-backed social messaging platform, has announced its plans in an indirect manner to crack down on accounts on the platform that are linked to digital currencies and Non-Fungible Tokens (NFTs).

As first pointed out by an independent crypto journalist, Colin Wu, the social media giant has updated the terms of its usage, adding a new section that doubles down on its lack of support for any entities associated with the digital assets industry.

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