Alibaba.com bans overseas sale of crypto mining gear amid China crackdown

//Alibaba.com bans overseas sale of crypto mining gear amid China crackdown

Alibaba.com bans overseas sale of crypto mining gear amid China crackdown

Alibaba Group Holding is banning the sale of cryptocurrency mining equipment on its global wholesale platform after the Chinese government intensified its crackdown on cryptocurrency-related activities.Alibaba.com will prohibit the sale of “virtual currency-mining machines” – including hardware and software used for obtaining cryptocurrencies such as bitcoin – as well as mining tutorials, the e-commerce giant said in a notice dated Monday. It will also remove two product categories – …

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By | 2021-09-29T07:00:19+00:00 September 29th, 2021|Business|Comments Off on Alibaba.com bans overseas sale of crypto mining gear amid China crackdown