Report: Paypal HK Halts Hong Kong Pro-Democracy Group's Payments Over ‘Excessive Risks’ – Bitcoin News

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Report: Paypal HK Halts Hong Kong Pro-Democracy Group's Payments Over ‘Excessive Risks’ – Bitcoin News
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A pro-democracy group in Hong Kong says Paypal HK has reportedly stopped processing payments for the League of Social Democrats.

who wrote that LSD was “one of the remaining active pro-democracy groups in Hong Kong.” At the start of the Covid-19 pandemic, China made it much harder for pro-democracy groups in Hong Kong to thrive.in 2020 and made it a lot easier to prosecute protesters looking to bolster Hong Kong’s autonomy. The HKFP report further explains that pro-democracy groups like LSD can’t collect donations using street booths anymore, either.

The payments giant, however, did not disclose what the “excessive risks” happened to be, Chow told the publication. Chow detailed that while the group can’t accept donations from the Paypal HK account, the group can still withdraw funds from the application. “It seems like even when doing business, companies have to think about who they are dealing with in advance,” Chow told the news outlet.

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