WeChat To Ban Accounts Engaged With Bitcoin, Ethereum, Dogecoin Or NFTs

In a recent move to crackdown on the rising interest in cryptocurrency in China, Tencent Holdings Ltd (OTC: TCEHY)-owned social media platform WeChat has announced policies to ban accounts related to crypto or non-fungible tokens (NFT). What Happened: According to recently updated policies of WeChat, the platform will either restrict or ban social accounts involved with the issuance, trading, and financing of cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), or Dogecoin (CRYPTO: DOGE), and NFTs.