Article by [author-name] (c) South China Morning Post - Read full story here.
Chinese regulators seek cap on tips given by internet users to live-streaming content creators
Internet platforms will need to put a “reasonable” cap on the amount of digital monetary tips that their users send to live-streaming content providers, according to new guidelines issued on Tuesday, amid government efforts to clean up China’s online economy.Tips paid to live-streaming content creators provide a source of revenue for the country’s internet platforms, which take a cut from the amount sent by their users to these online hosts.In China’s booming live-streaming sector, a top…