• About Us
  • Careers
  • Contact
No Result
View All Result
Thursday, May 29, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

China Has Blocked Access To Cryptocurrency-related Websites Through Its Firewall

29 September 2021
in Latest News, News, Policy
Reading Time: 2 mins read
106 3
Home News Latest News

Last updated on January 20th, 2022 at 04:54 pm

China announced its latest crackdown on cryptocurrency days back, and since then, the country has been carrying out activities to ensure that the ban holds. This recent ban is a blanket one that covers every crypto-related activity, unlike the last one that focused mainly on mining.

A reason for the ban is that the government has claimed that crypto trading is negatively affecting the economic activities in the country. This is not the first time a ban has been issued. Several orders have been made, but the market continues to operate effectively. 

It is believed that a major reason for this ban is to reduce the number of funds that leave the country. 

On the other hand, it is believed that the rebellious nature of crypto may also be one of the reasons that it is banned. 

With this ban, China has used its Internet firewall to stop residents from having access to major cryptocurrency-related websites, like CoinMarketCap, CoinGecko, as well as TradingView. 

As for the effect of the ban, it may not be as effective as the government may want because the Chinese residents have gotten accustomed to the censorship of their government, and have bypassed it through VPN. They may likely do the same thing in this case. Many crypto-related groups on WeChat have been closed, though they were set up on other social media platforms.

As a result of the ban, several crypto trading and exchange platforms have stopped offering their services to those in China. Mobile numbers that are linked to Mainland China can no longer be used on Huobi and Binance. New users in that region are not allowed to sign up, and the exchanges intend to close down the accounts of existing users in the coming months.

 

If you would like to read more news articles like this, follow DeFi Planet on Twitter and LinkedIn.

 

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Share63Tweet40Share11
Previous Post

A Trading Hamster, Mr Goxx, Is Changing The Face Of Crypto Trading

Next Post

Bitcoin Vs Real Estate: Are Realtors Really Missing Out On Something?

Rose Nnamdi

Rose Nnamdi

Related Posts

source: decrypt.co
Crypto

White House Eyes More Bitcoin Purchases — David Sacks

28 May 2025
source: theblock.co
Crypto

Metaplanet to Raise $50M via Zero-Interest Bonds to Expand Bitcoin Holdings

28 May 2025
source: theblock.co
Crypto

TON Foundation Taps Former Visa Exec Nikola Plecas to Lead Global Payments Strategy

28 May 2025
source: coindoo.com
Crypto

Square to Roll Out Bitcoin Payments via Lightning Network by 2026

28 May 2025

Featured Posts

Assessing The Impact of China’s Crypto Crackdown

byOlajumoke Oyaleke
19 January 2025
0

Why Are We Trying to Make Bitcoin Like Ethereum? (And Why We Should Not)

byOlajumoke Oyalekeand1 others
3 January 2025
0

Global Crypto Taxation Trends: Supporting Growth or Hindering Innovation?

byOlajumoke Oyaleke
31 December 2024
0

The 10 Worst Crypto Mistakes And How To Avoid Them | DeFi Planet

The 10 Worst Crypto Mistakes And How To Avoid Them

byArjun Chand
26 August 2021
1

A Dive Into The Life Of Meme Coin, DogeCoin | DeFi Planet

From Comic Relief to Crypto Sensation: The Epic Evolution of Dogecoin

byRose Nnamdiand1 others
4 August 2021
0

Read More

Chain of Thoughts

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Is Tokenization All That It’s Cracked Up To Be?

Is Tokenization All That It’s Cracked Up To Be?

byOlu Omoyele
26 February 2025
0

...

We Must Balance Innovation and Regulation for Crypto to Really Thrive

We Must Balance Innovation and Regulation for Crypto to Really Thrive

byOlu Omoyele
29 January 2025
0

...

Markets Update

Your Weekend Crypto Roundup | May 2025 (Week 4)

5 days ago

Your Weekend Crypto Roundup | May 2025 (Week 3)

2 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 2)

3 weeks ago

Your Weekend Crypto Roundup | April 2025 (Week 4)

1 month ago

Ukraine Proposes 18% Tax on Earnings, What Does It Mean for the Broader Crypto Market?

1 month ago

Bitcoin’s Wild Week: Market Volatility, Key Levels, and Predictions. Can It Smash the $100K Resistance in 2025?

1 month ago
Read More

Events

Bitcoin 2025 Las Vegas
Bitcoin 2025 Las Vegas
27 May 25
Las vegas
Crypto Valley Conference
Crypto Valley Conference
5 Jun 25
Risch-Rotkreuz

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Weed Launches Global Well-Being Platform Powered by AI

bychainwire
28 May 2025
0

Cache Wallet Begins Token Sale with Early Demand and Asset Recovery Breakthrough

bychainwire
27 May 2025
0

Gomble Games Launches GOMBLE BUILDERS: A Web3 Game Creation Platform Built by Communities, Made for the Masses

bychainwire
26 May 2025
0

Flipster Launches APR Supercharge With Up to 122% Yield on USDT—Setting a New Competitive Benchmark

bychainwire
26 May 2025
0

Venom Foundation Achieves 150k TPS in Closed-Network Stress Test, Paving the Way for 2025 Mainnet Upgrade

bychainwire
23 May 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00