Cryptocurrency investors continue to receive bad news every day. A bad news came from Alibaba for those in the market, which experienced a great decline after China banned all crypto money transactions in the past days.
Cryptocurrency exchange He has been going through some very painful periods for the last two weeks. Bank of ChinaAll cryptocurrencies experienced an unprecedented decline following the announcement of . bitcoin under 40 thousand dollars even saw it. The Chinese government, which has been against cryptocurrencies for a long time, has previously announced that it has banned mining.
Another blow to the crypto exchange, which suffered blow after blow, is the e-commerce giant Ali Dadcame from Alibaba shared a statement that will upset cryptocurrency miners.
Stopping the sale of all crypto mining equipment:
China-based e-commerce company Alibaba will launch all stop selling cryptomining devices and equipment explained.
Alibaba’s decision “Alibaba.com has banned the sale of hardware used for crypto mining, following an assessment of digital currencies and related products in various international markets, taking into account the instability of laws and regulations.” he announced.
In addition, Alibaba of the other two mining-related sales categories. announced that it will be closed.
Bad news comes from Chinese companies after China’s decision:
Alibaba is not the only company that has taken a decision in this direction regarding crypto. What China has done about crypto lately the raid next some big companiesstarted to take similar decisions in order to comply with the laws and new regulations.
Upon China’s decision, China’s largest cryptocurrency exchange, Huobi Globalannounced that all accounts belonging to Chinese users will be closed gradually by the end of this year. With this statement, Huobi’s token HT, which saw its highest level in May and worth $ 40, $5.85 levels had fallen.
Source :
https://www.coinkolik.com/alibaba-madencilik-cihazi-satislarini-engelleyecekini-duyurdu/