Xiaohongshu Removes 1,500+ Unlicensed Financial Accounts Starting June 3

Xiaohongshu launched a crackdown on financial professional accounts starting June 3, 2026. According to the platform, the company has removed over 1,500 violating financial professional accounts within the past week. Financial certifications are restricted to institutions holding proper regulatory licenses, with account names required to match verified business scopes. The platform plans to intensify verification mechanisms and conduct ongoing audits on existing accounts.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments