Chinese messaging giant WeChat bans crypto transactions102

One of the largest social media platforms in the world, Chinese-based WeChat, has banned cryptocurrency trading on its platform. According to the company’s updated payment policy, merchants and users who engage in crypto trading will have their accounts terminated from the platform.

WeChat, the largest messaging and social media platform in China operated by Tencent, has quietly updated its payments policy and effectively banned over-the-counter cryptocurrency trading on the platform.

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