Chinese search giant Baidu to filter and ban crypto forum threads

Posted 27 August, 2018

Following Tencent and Alibaba, Chinese search service Baidu has also decided to restrict crypto-related activities.

The local media stated that the corporation is going to ban all topics connected with digital coins in its social network Baidu Tieba.

Baidu is said to tighten supervision of the crypto segment, and all forums and discussion threads will be banned in line with the regulator's order.

The network spokesperson claimed that they would run their forum only with strict compliance with China's regulation.

At present, search requests for digital currency result in the message: "This forum is temporarily closed due to relevant laws, regulations, and policies".

Baidu Tieba, in its turn, hinted that the abovementioned forum threads could be probably be involved in spreading of crypto and ICO information. The company also said that it followed WeChat, which reportedly banned crypto media accounts last week. In addition, Chinese authorities have also warned about new ways for fundraising in the crypto market recently.

For reference, Baidu Tieba is believed to be the major forum community in China, with about 300 million online users per month. 

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