China’s WeChat suspends some accounts linked to NFTs to prevent ‘speculation’
2 years, 8 months ago

China’s WeChat suspends some accounts linked to NFTs to prevent ‘speculation’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese messaging app WeChat has suspended at least a dozen accounts linked to non-fungible tokens in a move aimed at preventing “speculation” in digital assets including currency transactions. Commenting on the move to suspend accounts, technology giant Tencent, which owns the app, said it had “rectified” a number of public accounts on WeChat to prevent “secondary sales of digital collections”. The South China Morning Post reported that the accounts included Spirit Leap and Huasheng Meta, which claimed to have been suspended after “being reported by others”. The country’s central bank said that “speculation” in digital currencies was on the rise, and that it was being used for criminal activities such as “gambling, illegal fund-raising, fraud, pyramid schemes money laundering”, warning that this was “seriously endangering the safety of people’s property”.

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History of this topic

China rebukes 43 apps including Tencent's WeChat for breaking data transfer rules
3 years, 4 months ago

China rebukes 43 apps including Tencent's WeChat for breaking data transfer rules

The Hindu  

China's Ministry of Industry and Information Technology said on Wednesday that 43 apps, including Tencent Holdings Ltd's WeChat, were found to have illegally transferred user data, and ordered their parent companies to make rectifications. In a statement published online, the regulator said the apps had illegally transferred users' contact list and location data, while also harassing them with pop-up windows. …

WeChat temporarily suspends new user registrations
3 years, 4 months ago

WeChat temporarily suspends new user registrations

CNN  

Hong Kong/London CNN Business — WeChat is suspending all new user registrations until early August, the popular social messaging app announced on Tuesday. In a brief post on social media, WeChat, known as Weixin in China, said the suspension relates to an upgrade of security technology “according to relevant laws and regulations.” “In the meantime, the registration of new WeChat …

US judge approves injunction to delay WeChat restrictions
4 years, 3 months ago

US judge approves injunction to delay WeChat restrictions

India Today  

A federal judge has approved a request from a group of WeChat users to delay looming US government restrictions that could effectively make the popular app nearly impossible to use. In a ruling dated Saturday, Magistrate Judge Laurel Beeler in California said the government''s actions would affect users'' First Amendment rights as an effective ban on the app removes their …

United States bans Chinese apps TikTok and WeChat downloads over national security fears
4 years, 3 months ago

United States bans Chinese apps TikTok and WeChat downloads over national security fears

ABC  

The Trump administration will ban WeChat and video-sharing app TikTok from US app stores starting Sunday night, a move that will block Americans from downloading the Chinese-owned platforms over concerns they pose a national security threat. Key points: TikTok expressed "disappointment" over Mr Trump's "unjust executive order" The app has 100 million users in the US, while WeChat has 19 …

China's Tencent rebrands WeChat work app as WeCom ahead of Trump ban
4 years, 3 months ago

China's Tencent rebrands WeChat work app as WeCom ahead of Trump ban

India Today  

Chinese tech giant Tencent Holdings has changed the name of its WeChat Work office collaboration app to WeCom, setting it up as a potential alternative to its messaging app WeChat ahead of a US ban. Two Tencent sources said WeCom does not fall under the scope of a ban on WeChat-related transactions in the United States from September 20, one …

China Could Boycott Apple if US Govt Bans WeChat, Foreign Ministry Warns
4 years, 3 months ago

China Could Boycott Apple if US Govt Bans WeChat, Foreign Ministry Warns

News 18  

Chinese consumers could boycott Apple if the United States bans WeChat, China’s foreign ministry spokesman warned Friday, as the clock ticks down on a US order to block the popular social app. But foreign ministry spokesman Zhao Lijian tweeted Friday that “If WeChat is banned, then there will be no reason why Chinese shall keep iPhone and apple products”. Zhao …

Trump’s WeChat ban could prevent US companies from doing business in China
4 years, 3 months ago

Trump’s WeChat ban could prevent US companies from doing business in China

CNN  

Hong Kong CNN Business — PresidentDonald Trump’s threat to ban WeChat has already upset millions of users in America who depend on the app as a lifeline to family and friends in China. Its website says Tencent uses data “in strict accordance with applicable laws and regulations.” The order clearly targets usage of the app stateside, but its broad wording …

WeChat Users Sue Donald Trump Administration Over The Threat to Ban Messaging App
4 years, 4 months ago

WeChat Users Sue Donald Trump Administration Over The Threat to Ban Messaging App

News 18  

As the apps owned by Chinese tech companies continue to be in the line of fire in many countries, including India and the US, a WeChat users group has sued the Donald Trump administration for what they call unconstitutional threats, the violation of the First Amendment free speech rights and that it is unfairly targeting the Chinese community in the …

User Coalition Fights To Keep Chinese App WeChat In U.S. Market
4 years, 4 months ago

User Coalition Fights To Keep Chinese App WeChat In U.S. Market

NPR  

User Coalition Fights To Keep Chinese App WeChat In U.S. Market President Trump recently issued an executive order that would effectively ban the Chinese app WeChat — starting in September. NOEL KING, HOST: President Trump recently issued an executive order that would effectively ban the Chinese app WeChat in the United States starting in September. RUWITCH: China's so-called great firewall …

TikTok and WeChat may raise security concerns, but Trump’s knee-jerk reaction isn’t the way to deal with them
4 years, 4 months ago

TikTok and WeChat may raise security concerns, but Trump’s knee-jerk reaction isn’t the way to deal with them

CNN  

Hong Kong CNN Business — For years, the Great Firewall of China has blocked some of the largest online services coming out of the United States, including Google, Facebook and Twitter. But Trump has accused the app of capturing “vast swaths of information from its users,” such as location data and browsing and search histories, which “threatens to allow the …

WeChat Ban on Apple App Store Could Result in 30% Drop in iPhone Shipments in China: Report
4 years, 4 months ago

WeChat Ban on Apple App Store Could Result in 30% Drop in iPhone Shipments in China: Report

News 18  

US President Donald Trumps executive order to ban the popular messaging app WeChat from the Apple App Store could lead to 25-30 per cent drop in iPhone shipments in the Chinese market, famed analyst Ming-Chi Kuo has predicted. "Because WeChat has become a daily necessity in China, integrating functions such as messaging, payment, e-commerce, social networking, news reading, and productivity, …

WeChat removal could hit iPhone sales in China, analyst predicts
4 years, 4 months ago

WeChat removal could hit iPhone sales in China, analyst predicts

Daily Mail  

Chinese iPhone sales could decline up to 30 per cent if Apple is forced to remove WeChat from its App Store, an analyst has predicted. Last quarter, Greater China accounted for about 10 per cent, or around $6 billion, of Apple's total revenue, meaning Trump's ban could backfire by depriving the US economy. The app is owned by China's largest …

Donald Trump’s orders on WeChat and TikTok create confusion, but some in White House see upside
4 years, 4 months ago

Donald Trump’s orders on WeChat and TikTok create confusion, but some in White House see upside

Firstpost  

The Trump administration has steadily ramped up its actions in a broader economic and geopolitical fight with China Washington: President Donald Trump’s sudden decision late Thursday to restrict two popular Chinese social media services from the United States has created confusion about how broad the bans on doing business with China could ultimately be. Citing national security concerns, the Trump …

WeChat: Donald Trump's ban of Chinese app follows years of spying claims
4 years, 4 months ago

WeChat: Donald Trump's ban of Chinese app follows years of spying claims

The Telegraph  

Yaqiu Wang left China for Washington in 2009, but still regularly uses WeChat, China's most popular app. “I don’t talk about anything that the Chinese government would consider sensitive or could endanger people, because I am acutely aware of how it is being surveilled.” WeChat, dubbed a “super app” because it allows users to do anything from making a dinner …

WeChat faces imminent US ban as Trump issues executive order against Chinese apps like TikTok
4 years, 4 months ago

WeChat faces imminent US ban as Trump issues executive order against Chinese apps like TikTok

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President Donald Trump has signed an executive order which states that US companies …

Americans Won't Be Able To Use Chinese Apps WeChat, Tiktok From Mid-September As Trump Orders Ban
4 years, 4 months ago

Americans Won't Be Able To Use Chinese Apps WeChat, Tiktok From Mid-September As Trump Orders Ban

ABP News  

Chinese App Ban: In a major announcement leading to escalation of tensions with China, US President Donald Trump banned transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent, operator of the WeChat app starting in 45 days. US Bans TikTok For Govt Employees, Google Deletes Over 2500 YouTube Channels With Chinese Links The orders have been issued by …

U.S. transactions with TikTok, WeChat will be banned in 45 days: Trump
4 years, 4 months ago

U.S. transactions with TikTok, WeChat will be banned in 45 days: Trump

The Hindu  

In what is the latest of a series of American measures against China, U.S. President Donald Trump signed executive orders barring transactions with Chinese video sharing app TiKTok and messaging service WeChat. The bans, which will come into effect after 45 days, were ostensibly in response to concerns that the Chinese Communist Party could retrieve private data on Americans from …

Trump wants to ban WeChat. What is WeChat?
4 years, 4 months ago

Trump wants to ban WeChat. What is WeChat?

CNN  

New York CNN Business — President Donald Trump wants to ban WeChat, dramatically escalating tensions with China. President Donald Trump issued executive orders late Thursday night that would ban WeChat and TikTok, the short-form video app owned by Beijing-based ByteDance, from operating in the United States in 45 days if they are not sold by their parent companies. This data …

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