Chinese Search Giant Baidu Has Officially Began Censoring Cryptocurrencies

The ban placed on cryptocurrencies and crypto-related activities in China by authorities continues to expand. Popular search engine Baidu has revealed that it is making moves to block cryptocurrency-related content on its online forums.

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The ban placed on cryptocurrencies and crypto-related activities in China by authorities continues to expand. Popular search engine Baidu has revealed that it is making moves to block cryptocurrency-related content on its online forums.

Crypto sub-forums on Baidu will be banned

This information was revealed by China Times, a Beijing-based business media outlet on Sunday.

The report stated that the search engine giant is aiming to either restrict or outright ban forum topics that discuss crypto-related activities on Baidu Tieba, the firm’s Reddit-like online platform

The report which cited an anonymous source close to the company further added that Baidu is currently toughening its security over cryptocurrencies and will block all sub-forums under this theme, based on relevant rules and regulations.

A representative of the company noted that Baidu will continue to operate and manage its forum business based on existing Chinese laws and regulations, though there was no specific mention of cryptocurrencies.

Sub-forums bearing digital currency and virtual currency are all available. Searching for them on Baidu’s search will trigger a statement saying the forum is temporarily closed due to relevant laws, regulations, and policies.

However, other sub-forums with ties to cryptocurrencies such as “bitcoin” and “ethereum” remain active on the forum at the moment.

A Baidu representative stated that such closure can be because the company suspects that the sub-forums are talking about topics related to initial coin offerings (ICOs) and cryptocurrency speculation.

Tencent and Alibaba also ban crypto activities

The representative justified Baidu’s move, claiming that it is for the same reason WeChat did it.

He was referring to a report last week which revealed that Tencent has blocked several crypto media on its WeChat messaging platform in a sweeping move to ban all posts about ICOs and crypto trading on its platform.

Alibaba, another giant company in the country has pledged that it would continue to monitor and suspend accounts using Alipay, their mobile payment applications to conduct over-the-counter trading of cryptocurrencies.

Alibaba made this statement just a few days after WeChat Pay, the payment platform for Tencent’s WeChat revealed that it has stopped users from sending or receiving funds related to cryptocurrencies on its social media platform.

Crypto events and news ban led to further censorship

Some market experts and analysts believe that the ban on cryptocurrency-related events and some news sites in the country has led to the censorship by China’s big three companies.

On August 17, the Chaoyang District government in Beijing issued an order to local financial authorities and police to ban offices and hotels from hosting crypto-related events.

Local authorities in Beijing’s Chaoyang district notified businesses and venues that they shouldn’t host an event that promotes cryptocurrencies.

Following that closely, some cryptocurrency news outlets in the country were also banned by China’s top internet watchdog, the Cyberspace Administration of China.

Lanjiner, Jinse, Huobi, Deepchain, and others were shut down after they were alleged to have been violating the newly issued guidelines by the Cyberspace Administration of China.

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