Baidu, a Chinese IT company called Google, attracts attention after tightening regulations on passwords following Tencent and Alibaba.
According to reports, Baidu has closed two or more cryptography chat forums and said it was due to laws, regulations and policy compliance. Prior to Baidu, Ticent’s Wichat service, which had a billion users, announced a statement prohibiting cryptographic transactions and said that Alibaba’s antifungal business prohibited the use of its pay-per-view application, AliPay, .
The subsequent statements of Baidu, Tencent and Alibaba are related to the recent move to strengthen cipher regulation in China. In Beijing, burglar-related events were banned, and ICO and other communication channels aimed at participating in cryptographic transactions were conducted. On August 25, the People’s Bank of China issued a warning about the illegal ICO.