Chinese Banks Fight Porn

XBiz has been reporting for several weeks now on the Chinese government's porn crackdown initiative; and with their latest attempt at cleaning up Cyberspace focused on the world of online banking transactions, China is definitely taking the matter seriously.

According to China's news agency, Xinhua, banks in China are on the lookout for ties to suspected pornographic Web sites appearing in standard online transactions. Daily business transactions will be closely monitored for suspicious domain names and unusual bank card numbers, or questionable activity, with accounts of concern flagged for investigation.

"Some pornographic web sites have used the banks' online transaction service as a means to charge clients, negatively influencing their reputations and business," said the China Banking Regulatory Commission (CBRC), adding that "Once a Web site is found to be involved in pornographic business, banks should immediately cut off its capital."

Banks such as The Industrial and Commercial Bank of China and The China Construction Bank have been hard at work checking hundreds of affiliated Web sites in order to verify their online business credentials, designating liaison personnel to monitor and report on suspicious activities, and ensuring that the banks do not participate in "indecent activities."

With the current online porn crackdown resulting in the closure of over 700 adult Web sites and more than 300 arrests, China's communist leaders have once again demonstrated their intolerance for free speech and the open exchange of ideas and information.

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Nobü Unveils 'Nöri' Couples Kit

Nobü has introduced its new Nöri couples kit.

OpenAI Shuts Down AI-Generated Porn Rumors

A spokesperson for OpenAI, the company behind ChatGPT, has shut down online chatter about how a rumored relaxation of the company’s stance against AI-generated NSFW content may result in a lifting of its porn ban.

Gun Oil Taps Chris Rail for Brand Ambassador Role

Personal lubricant brand Gun Oil has tapped content creator Chris Rail for the role of global ambassador.

Eldorado to Host 'Virtual Elevation' Webinar With CalExotics

Eldorado Trading is hosting a private "Virtual Elevation" live webinar for retailers with CalExotics Executive Director of Sales and Retail Lupe Martinez and Sales Associate Annie Meza, Tuesday May 14 at 10 a.m. (PDT).

9th Circuit Upholds Verdict Against Oregon College for Discriminating Against Former Adult Performer

The 9th U.S. Circuit Court of Appeals on Monday upheld a 2022 Oregon jury’s verdict in favor of Nicole Gililland, a former nursing student who sued her school for discriminating against her because of her adult performer past.

Former Trump Staffer, Project 2025 Advisor John McEntee Predicts a Total Porn Ban

John McEntee, senior advisor to the Heritage Foundation’s Project 2025 and a former key figure in the Trump administration, is predicting an eventual full ban on pornography, claiming that once it is enacted, “this country will flourish.”

India in Focus: A Look at the Region's Budding Pleasure Market

Rich in culture and steeped in tradition, India has contributed some of the world’s most important and enduring art and literature — including classic depictions and examinations of sex and sexuality, most notably the Kama Sutra.

Oxballs Debuts 'Core' Ballstretcher

Oxballs has introduced its new Core ballstretcher sleeve.

XR Brands Unveils 2 New Dildos From 'Creature Cocks' Line

XR Brands has released the Raptor Claw and Demon Claw fisting silicone dildos from its Creature Cocks line.

Orion Debuts New Lingerie Collection

Orion Wholesale has introduced a new collection from its Cotelli Lingerie line.

Show More