Skip to main content

China Censors Crypto-Themed Short Videos Shared Online

China Censors Crypto-Themed Short Videos Shared Online

An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex.

Clips on Crypto Trading, Mining Banned in China

The China Netcasting Services Association (CNSA) has recently published a blacklist of 100 topics that online videos posted on platforms similar to Tiktok should not feature. Among them are the usual suspects like questioning China’s official history, imitating its political leaders, challenging the country’s guiding ideology of “socialism with Chinese characteristics,” and discussing fascism.

China Censors Crypto-Themed Short Videos Shared Online

The “Online Short Video Content Review Standard Rules (2021)” document marks a number of other banned themes. A report by the Register points to a few of them like drug use, gambling machines, crime and gangs, violence, and mental abuse. Sexually explicit content, including that which promotes “non-mainstream views of marriage and love,” is also prohibited.

While most of these subjects were part of its previous version, the list has been updated with some new topics, most notably cryptocurrency. Videos promoting decentralized digital money like bitcoin by “inducing and instigating the public to participate in virtual currency ‘mining’, trading, and speculation,” are now considered off-limits by the Chinese censors.

Authorities in the People’s Republic banned crypto-related activities such as digital currency trading and capital raising through coin offerings back in 2017. However, the government did not initially interfere with bitcoin mining until earlier this year.

In May, the State Council, the cabinet of ministers in Beijing, decided to clamp down on the industry following President Xi Jinping’s pledge for China to achieve carbon neutrality in the next four decades. The nationwide government offensive forced miners to relocate to friendlier jurisdictions.

The CNSA ban applies to vids uploaded on platforms such as Douyin, Bytedance’s Chinese version of Tiktok, Kuaishou and other social media networks, messaging apps, and microblogging sites allowing short video-sharing like Wechat and Weibo.

As a new addition to the blacklist, cryptocurrency takes the 98th spot. Entry number 100, reading in English: “Other violation of laws, regulations, social public order, and good customs,” could ostensibly be construed as effectively untying the hands of Chinese regulators to censor almost any clip published online.

Do you expect Chinese authorities to adopt other restrictions regarding crypto-related content online? Share your thoughts on the subject in the comments section below.



from Bitcoin News https://ift.tt/3J41y6I

Comments

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m...

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought...