September 2: A report released from social media and crypto-centric forums details that China is blocking several cryptocurrency websites. The Twitter handle of 8btc News tweeted that the coinmarketcap.com and coingecko.com web portals from mainland China have been blocked. The ‘Great Firewall’, as it is often called, has also blocked other sites, such as Tradingview.com.
Certain crypto web portals are currently accessible in China
One thing the world knows is that China prefers to censor the Internet and through a combination of legal measures and technology implemented by Beijing, the Great Firewall (GFW) fully exists today.
Through the forces employed by the Cyberspace Administration of China (CAC), with the help of the SIIO and the Golden Shield project, many international web domains are accessible to Chinese residents. Mainland Chinese Internet users cannot access websites such as Wikipedia, Twitter, Facebook, Google and other foreign sources of information.
The latest crackdown on cryptocurrency by Chinese authorities began in late September as the People’s Bank of China reiterated that access to offshore crypto exchanges by users on mainland China was an illegal violation.
The announcement has caused bloodshed in the crypto market; PBOC’s activities initiated major on-chain transactions and over-the-counter (OTC) transactions. Offshore crypto exchanges further told customers from China that they would not serve Chinese residents.
Then the Twitter handle for September 2, 2021 8btc news Shared a screenshot on social media platforms showing that two crypto-related websites are not accessible in China. Both seem to be [coinmarketcap.com] And [coingecko.com] IP blocked from China, ” Tweets Details.
Tiger Securities and Futu have banned new crypto positions, Greatfire.org and BLOCKY analysis shows the website is 100% blocked
Chinese journalist Colin ‘U’ Blockchain also revealed last week that “Chinese [version of] Robinhood ”Futu has banned certain grayscale positions.
“At the request of the Hookang Securities Regulatory Commission, according to Futu (Chinese Robinhood), GBTC / EHTE / ETCG / GDLC / OBTC / LTCN / BCHG will ban new positions from October 1, 2021,” Wu noted in the blockchain. “Tiger Securities, another Chinese online stock trading platform, has issued a similar notice,” the journalist added on September 2, four days later.
With stock applications banning crypto and websites from certain funds for Chinese residents, Beijing is becoming much more serious than before. The web portal checking site greatfire.org indicates that both coinmarketcap.com and coingecko.com are 100% accessible to citizens living in China.
Tradingview.com has also been blocked, huobi.com has been blocked, and okex.com has been blocked. Bitstamp in China is 100% blocked, and uniswap.org is accessible. According to website analyst greatfire.org, Coinbase was blocked on September 2, 2021.
Of course, residents and visitors to mainland China can try to access these websites from virtual private networks (VPNs) or other proxies. Website Analyzer greatfire.org has an alternative website analyst called BLOCKY that can also test GFW-blocked websites.
What do you think about the Great Firewall of China blocking certain cryptocurrency-related websites? Let us know what you think about this in the comments section below.
Image credit: Shutterstock, Pixabay, Wiki Commons, BLOCKY, greatfire.org, 8btc,
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