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Alibaba To Stop Selling Bitcoin Mining Machines In China

News Snapshot:

The ecommerce giant said it would delist bitcoin mining equipment from its platforms after the renewed China ban of Bitcoin. 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. “Alibaba.com 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,…

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