Account of Binance on Chinese social networking site was blocked

The social network of China, known as Weibo, lock recently to the account of Binance, because, ensure that you do not comply with regulations established by the social network. This event occurred on the 13th of November of the current year. However, it is reported to the public on the 15th of November through a publication by The China Times (a newspaper popular in China).

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What is Weibo?

This social network is commonly known as the Twitter of China. However, his real name is Weibo and belongs to the companies Sina and Alibaba. It should be stressed that this social network was used in the year 2009, and is currently one of the communication methods more popular in China. Now, the company receives the name of the Twitter of China, because it has a broad similarity with the platform mentioned, however, it also resembles with Facebook; other social network popular. It should be mentioned, that has a broad similarity with Twitter due to its visual appearance, or interface; with Facebook it keeps little resemblance, however, each day we have implemented more functions similar to those of the social network Facebook. Among these functions can be found: animations, ability to add videos, songs, among others. It should be noted, that in China the Internet is restricted in many aspects, this is why many individuals have decided to create or mimic some popular social networks to be able to communicate without any problems.

Reasons why you blocked the account of Binance

There are multiple reasons for which they were able to block the account of Binance. However, up to now the company Binance has not provided statements of what happened; although China Times has already commented on the possible reason. It is important to know that, recently, the network for social change some internal reports that had to do with the platform, which was able to influence the blocking of the account of Binance. However, accusing the exchange Binance for violating the policies of the web site. Despite the accusations made towards Binance, still has not been able to know the real motive by which he was suspended the account; since, as mentioned, Binance has not wanted to provide information on the topic. On the other hand, the CEO of Binance, known as Changpeng Zhao, made a statement on the 9th day of October, in the which indicates that: Binance is getting money trust or cryptocurrencies through WeChat and AliPay. The announcement by the CEO of Binance could have been one of the reasons why I suspended the account of Binance. Since then that made such a claim, the company AliPay informed the next day that is not expected to receive any type of transaction related to cryptocurrencies or Bitcoin. Therefore, it is concluded that, it blocked the account of Binance, as they were trying to use as a gateway to the payment methods China’s biggest.

Blocked accounts recently, Weibo

It should be noted that the account of Binance has not been the only one that has blocked Weibo. This social network has some extremely high standards, because it has to adapt to the policies of China. For this reason, in order to maintain control over the content on that handle users, decision-makers strict, so that this does not allow them to make illegal activities or activities considered harmful to the country. Recently it has also been blocked an account of important Weibo; the main account of TRON. However, other users of Weibo, representatives of cryptocurrencies, still have active accounts. On the other hand, the accounts of cryptocurrencies that are still active are: Huobi, Okex, among others. For now you can still find information from those accounts on Weibo. However, there is the possibility that it will be blocked if you do not comply with the standards established by the social network; as happened with the account of Binance.

Is it possible that they have blocked the accounts for harmful information?

It is important to know that the harmful information is the main reason why tend to block an account in Weibo. In addition, recently suspended permanently for multiple accounts, which were regarded as the leaders in opinion in the social network. Therefore, it is not considered to be a novelty that will again use this reason to block or suspend accounts that you do not see convenient. The following two tabs change content below. I am a young man from Venezuela 18 years, lover of technology, innovation, and economic events that govern the world. One of my passions are cryptocurrencies.

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