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China intensifies crackdown on cryptocurrency hype, speculation

Summary by Ground News
China's Internet watchdog intensified a crackdown on illegal online information that may lead to speculation and fraud involving cryptocurrency. The move since earlier this year was aimed at protecting people's property, according to the Cyberspace Administration of China. Administration shut down 989 accounts on Weibo, WeChat and Baidu's online community service.
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Ecns broke the news in China on Tuesday, August 9, 2022.
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