-Reuters filepic
WeChat is starting to see its first wave of defectors: Chinese cryptocurrency afficionados.
The country’s crackdown on bitcoin and WeChat, the nation’s dominant messaging app, is sending users of both to Telegram and other encrypted services banned in the country. With administrators personally liable for what is said on groups they run, users of bitcoin exchanges OKCoin, Huobi and BTCChina are migrating to services beyond the Chinese government’s reach. On Telegram they are popping up to discuss everything from how to transfer their digital tokens overseas to more effective ways to protect privacy, to initial coin offerings.
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