China’s internet watchdog cracks down on false financial claims, stock touting

China’s internet watchdog cracks down on false financial claims, stock touting

Top cybersecurity agency shuts down more than a dozen social media accounts amid growing concerns over finance influencers.

BEIJING, May 24 (Xinhua) -- China's cyberspace regulator, in collaboration with financial regulators

China tightens oversight on platforms spreading financial misinformation

China’s cyberspace regulator, in collaboration with financial regulators, has recently targeted and shut down a series of accounts and websites spreading false information about capital markets, promoting illegal stock recommendations, and fueling hype around cryptocurrency transactions. Some of the targeted accounts were also found to be disseminating content related to illicit or semi-illicit activities within the financial sector, the Cybersp…

News on the Day and the Hour Latest News today China's Cyberspace Administration reported that some digital profiles spread content related to illicit or semi-illicit activities within the financial sector. China's cyberspace regulator, in collaboration with financial regulators, recently closed accounts and websites for spreading false information about capital markets, recommending actions illegally, and "to fuel the uproar around cryptocurre…

China’s cyberspace regulator, in collaboration with financial regulators, recently closed accounts and websites for spreading false information about capital markets, recommending actions illegally, and “to fuel the stir around cryptocurrency transactions.” EFE Some of the accounts also disseminated “content related to illicit or semi-illicit activities within the financial sector,” reported China’s Cyberspace Administration on Saturday. The adm…

China’s Internet Watchdog Cracks Down On False Financial Claims, Stock Touting Online - Cybernoz - Cybersecurity News

The Cyberspace Administration of China (CAC) said on Saturday that the accounts had operated on China’s most popular social media platforms, including Weibo,