Shanghai Man: Bitcoin interest drops in China amid crackdown on social media and miners

Cointelegraph

Published Jun 10, 2021 11:07PM ET

Updated Jun 11, 2021 12:40AM ET

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

This week, following a tumultuous few weeks of regulation, the Bitcoin world’s focus shifted to Miami and Latin America. Searches for Bitcoin on China’s most popular social media app WeChat stabilized between 1-3 million per day, a stark difference from the peaks of over 10 million that were seen in late May.

h3 Weibo (NASDAQ:WB) and Baidu (NASDAQ:BIDU) half pulls the plug/h3 h3 Western province slams door on miners/h3 h3 In it for the technology/h3 h3 Accelerating the pace of change/h3 h3 Bank on it/h3

Continue Reading on Coin Telegraph