China is strengthening regulations on livestreams
Posted On November 18, 2020
Since several cases have been reported about teenagers bankrupting their parents by over-tipping livestream hosts millions of yuan, a set of new rules by China’s National Radio and Television Administration were issued to regulate the market. Users are requested to register with real names while the tipping function will be inactivated for underage users. The move could have a significant impact on the revenue of leading livestreaming apps.