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China: Cyberspace Administration investigation into illegal financial activities on platforms and websites

Progress

Current status
in force
11 Dec 2024 in force

Scope

Implementers
China
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
platform intermediary: user-generated content
platform intermediary: e-commerce
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

11 Dec 2024
in force

Issued sanctions following Cyberspace Administration investigation into illegal financial activities on platforms

On 11 December 2024, the Cyberspace Administration of China (CAC) issued findings following an investigation into online financial misinformation and illegal activities on platforms including Douyin, Kuaishou, Weibo, and WeChat. Targeted activities …

Source
Event type investigation
Action type ruling
Government branch executive
Government body other regulatory body

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