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Prices Hurt as China Suspends Weibo Crypto Accounts

China has gone a notch higher in its battle against crypto. A few weeks after cracking down on bitcoin mining and bitcoin transactions, the country has now taken down crypto-related accounts on the Weibo platform. The shutdown happened over the weekend, leading to an immediate price drop on Saturday. Weibo is a social media platform that is similar to Twitter. During the weekend, users could not access crypto-related accounts with...