Not a good sign! All 3 major Chinese virtual currency microblogs blocked

The official microblog accounts of China’s three largest virtual currency exchanges, including FireCoin, OuYi and CoinAn, were blocked without warning on Thursday (11), foreign media reported. There is speculation that Sun Yuchen (founder of Wavefield) and He Yi (founder of Cryptocurrency) were previously blocked, but this Time even HuoCoin and OuYi were also deleted, which should be a sign of tightening regulation.

The report points out that as Bitcoin began to soar in October last year, the share prices of FireCoin and OuYi-related FireCoin Technology (01610) and OUKEYUNCHAIN (01499) in Hong Kong also climbed sharply.