China has barred financial institutions and online payment service providers from offering any service related to cryptocurrency. Services barred include trading, registration, settlement, and clearing said the local industry bodies in a joint statement. People can hold cryptocurrency but exchanges and initial coin offerings have been banned. China has warned investors against crypto trading due to the volatile nature of trade and contracts not being covered by Chinese law.
Pakistan has blocked social media platforms including Twitter, Facebook, WhatsApp, YouTube, and Telegram from 11 am to 3 pm local time on Friday. The move has come at a time when the Islamic nation wants a crackdown against the terrorist group and prevent troublemakers from disrupting Friday prayers congregations. The order which expired at 3 pm local time, however, may last longer, similar past moves by the govt suggests that.
Several Chinese apps that have been permanently banned by the Indian govt are weighing the legal option of challenging the order in court, media reports said. TikTok, SHAREit, UC Browser, Club Factory, WeChat and others had been served an interim ban order in June. Last week, MeitY sent another notice to them saying that the ban will continue. The banned apps are also questioning the govt process, which they claim did not allow for a hearing in-person.
The govt, in a notice to banned Chinese apps, said the order to block them would continue under section 69A of the IT Act. India banned 59 Chinese apps including TikTok in June 2020 and 118 apps, including PUBG mobile game, in Sept 2020, blocking more than 200 apps up till now. The apps were “stealing and surreptitiously transmitting users’ data in an unauthorised manner to servers which have locations outside India” the ministry had said.
Turkey’s ICT Authority has imposed advertising bans on social media platforms Twitter, Periscope and Pinterest under a new digital media law, as per the decisions published in the country’s Official Gazette. The law, which experts believe will censor dissent, requires social media firms to appoint a local representative in the country. Facebook, on Monday, joined other firms by confirming that it will be appointing a representative in the country.
Its been over 3 months since the GOI banned TikTok. However, it seems that the ban hasn’t had too much impact on the Chinese app’s revenue stream. TikTok, as per a report by Sensor Tower, raked in $130.5m in worldwide user spending in September, becoming the highest-grossing non-gaming app on App Store and Play Store. Furthermore, TikTok made 7.9X more money, as compared to last year.
The Indian government, after banning 59 Chinese apps late last month, has now barred 47 more apps accounting the total number of banned apps to 106. The apps being banned this time were a clone of the previously banned apps like TikTok and Cam Scanner. The full list is yet to be announced. Government is scrutinising 250 more apps including PUBG Mobile, Ali Express, Capcut, Resso, MeiTufor for anti-India activity and breaching user privacy.
Department of Telecommunications has written to all websites, within its ambit, to conduct a security audit and submit a compliance certificate asap. Govt officials witnessed the surge in Chinese cyberattacks since the Indo-China border clashes. DDoS, phishing, malware, keyloggers with CnC pattern are the most common types of attacks. DoT has asked sites for security up-gradation and domain migration to gov.in by August 31.