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Shenzhen Authorities Shut Down Multiple Crypto Self-Media Accounts in Joint Crackdown

Shenzhen Authorities Shut Down Multiple Crypto Self-Media Accounts in Joint Crackdown

Chinese regulators in Shenzhen have identified and shut down multiple self-media accounts for violating rules related to virtual assets, according to a report from China’s state-run People’s Daily. The crackdown involved a coordinated effort by several government bodies, including the Shenzhen branch of the People’s Bank of China, the Shenzhen Securities Regulatory Bureau, the Shenzhen Cyberspace Administration Office, and the Shenzhen Local Financial Administration.

Joint Operation Targets Financial Information Online

The joint special operation, focused on cleaning up financial information online, uncovered violations by several crypto-related self-media accounts, including one identified as “搜搜比特币” (Sousou…

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