
Media: China blocks CoinGecko and CoinMarketCap services.
Cryptocurrency analytics services CoinGecko and CoinMarketCap have become unavailable to residents of mainland China, according to The Block.
Using the Greatfire.org tool, the outlet’s analysts concluded that the ‘Great Firewall’ blocked access to the popular platforms. When exactly this happened is unknown.
The report was corroborated by 8BTC.
Seems like both @CoinMarketCap and @coingecko blocked IPs from China. pic.twitter.com/HPp7holwZq
— 8BTCnews (@btcinchina) September 28, 2021
CoinGecko representatives said they had taken no measures restricting access from China to the service.
Amid a new wave of crackdowns on the crypto industry in China, VPN services that bypass blocks and the Telegram messenger are gaining in popularity.
“Fearing government persecution, administrators of many cryptocurrency-related chats on China’s WeChat have either renamed the groups or deleted them to migrate to Telegram,” the outlet writes.
On 24 September, word emerged of yet more crackdowns by China against the crypto industry. The National Development and Reform Commission of China pointed to the mining’s negative environmental impact and its ‘negligible’ contribution to the economy.
Shortly after, Binance and Huobi stopped registering new users from China. The online retail giant Alibaba announced a ban on Bitcoin miners on its platform.
The largest Ethereum mining pool SparkPool announced the cessation of servicing Chinese users and halted its operations outside the country.
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