Tencent’s super-app WeChat has shutdown many official accounts that promoted initial coin offering (ICO) and cryptocurrency trading as China continues to clean up ICO activities.  Tuesday night, many social media accounts owned by business entities including some of the most well-known digital asset trading platform including Huobi, were shut down by WeChat. WeChat told Chinese media that these accounts published contents related to ICO and cryptocurrency trading, violating related rules on social media. China banned ICOs last September as six ministries …

WeChat Shuts ICO Related Social Media Accounts As China Continues ICO Crackdown appeared first on China Money Network.