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Taobao is Set to Ban a Number of Cryptocurrencies, Including Bitcoin, and ICOs

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Taobao is Set to Ban a Number of Cryptocurrencies, Including Bitcoin, and ICOs Empty Taobao is Set to Ban a Number of Cryptocurrencies, Including Bitcoin, and ICOs

Post by Vladdirescu Thu Apr 19, 2018 2:27 am

Chinese online shopping website Taobao, owned by financial market giant Alibaba, has published a report stating the company will place a ban on all digital currencies, various ICOs, and other ventures related to the cryptocurrency market. The new policy has come into force as of April 17.

“The blacklist includes, but is not limited to, virtual currencies like Bitcoin, Litecoin, Biocoin, Quark, Infinitecoin, Colossuscoin, Pennies, PPCoin, NameCoin and other virtual currencies”, Taobao said in a statement.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/taobao-to-ban-cryptocurrencies/

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