Alibaba Prohibits Selling Bitcoin Mining Machines China


Chinese ecommerce giant Alibaba will delist bitcoin mining equipment offers from its platforms and prohibit their future selling after the People’s Bank of China (PBoC) issued a renewed and reinforced ban on bitcoin and cryptocurrency on September 24.

“ will prohibit the sale of virtual currency miners in addition to the prohibition against selling virtual currencies such as Bitcoin…which include but are not limited to: hardware and software used to obtain virtual currencies such as Bitcoin miners; [and] tutorials, strategies, and software for obtaining virtual currencies such as tutorials on mining,” the company said yesterday.

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