China is planning to prohibit 124 Exchanges of cryptocurrencies


We all already know how restrictive China is towards the cryptic world . Not only has its government banned ICOs, cryptographic exchanges and commercial crypts, but it has also created large companies and many miners have moved to Singapore, Taiwan or elsewhere.

Now the time has come for the inspection of social networks. The most popular messaging app in China, WeChat, started to block multiple accounts. According to insiders, these accounts were presumably related to the execution of token sales on the territory of China or to the conduct of encrypted transactions. All contents have been deleted from these accounts and have been blocked.

Chinese politics is quite simple: they prohibit everything they can not control. Thus, unlike its American "colleagues" who begin to become more acceptable towards cryptocurrency and blockchain Chinese sites remain totally ruthless.

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