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China Censors Crypto-Themed Short Videos Shared Online – Regulation Bitcoin News

An business group managed by the Chinese authorities has up to date an inventory of matters customers of video-sharing apps ought to keep away from. Crypto-related content material is now among the many entries together with conventional taboos in China like mocking its management, upsetting sectarianism, and exhibiting intercourse.

Clips on Crypto Trading, Mining Banned in China

The China Netcasting Services Association (CNSA) has lately printed a blacklist of 100 matters that on-line movies posted on platforms much like Tiktok mustn’t function. Among them are the standard suspects like questioning China’s official historical past, imitating its political leaders, difficult the nation’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)” doc marks quite a lot of different banned themes. A report by the Register factors to some of them like drug use, playing machines, crime and gangs, violence, and psychological abuse. Sexually express content material, together with that which promotes “non-mainstream views of marriage and love,” can also be prohibited.

While most of those topics had been a part of its earlier model, the checklist has been up to date with some new matters, most notably cryptocurrency. Videos selling decentralized digital cash like bitcoin by “inducing and instigating the public to participate in virtual currency ‘mining’, trading, and speculation,” are actually thought-about off-limits by the Chinese censors.

Authorities within the People’s Republic banned crypto-related actions corresponding to digital foreign money buying and selling and capital elevating by coin choices again in 2017. However, the federal government didn’t initially intervene with bitcoin mining till earlier this yr.

In May, the State Council, the cupboard of ministers in Beijing, determined to clamp down on the business following President Xi Jinping’s pledge for China to attain carbon neutrality within the subsequent 4 many years. The nationwide authorities offensive pressured miners to relocate to friendlier jurisdictions.

The CNSA ban applies to vids uploaded on platforms corresponding to Douyin, Bytedance’s Chinese model of Tiktok, Kuaishou and different social media networks, messaging apps, and microblogging websites permitting quick video-sharing like Wechat and Weibo.

As a brand new addition to the blacklist, cryptocurrency takes the 98th spot. Entry quantity 100, studying in English: “Other violation of laws, regulations, social public order, and good customs,” may ostensibly be construed as successfully untying the fingers of Chinese regulators to censor virtually any clip printed on-line.

Tags on this story
affiliation, ban, beijing, Bitcoin, Blacklist, censors, Censorship, China, chinese language, clips, CNSA, Crypto, Cryptocurrencies, Cryptocurrency, Douyin, Government, Kuaishou, List, mining, Organization, prohibition, Regulators, quick movies, speculating, themes, tiktok, matters, buying and selling, Video-Sharing, movies, WeChat, Weibo

Do you count on Chinese authorities to undertake different restrictions relating to crypto-related content material on-line? Share your ideas on the topic within the feedback part under.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, worldwide politics and economics are two different sources of inspiration.

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