China
Odaily
WeChat to Continue Cracking Down on Accounts That Use Blockchain, Virtual Currency, and Stablecoin Claims to Commit Fraud
- WeChat states it will maintain sustained governance efforts targeting accounts that use blockchain, virtual currency, and stablecoin narratives as cover for fraudulent activity.
- The platform warns users to be cautious of scams that invoke these crypto-related concepts to lure victims.
- WeChat says it will continue to identify, investigate, and take action against violating accounts to safeguard its ecosystem and user asset security.