Alipay to Ban All crypto-Related Transactions ?

 

Alipay to Ban All crypto-Related Transactions ?

On Oct. 10, Alipay has reiterated its anti-crypto stance in a Twitter thread, elaborating that the company is closely monitoring over-the-counter transactions to identify irregular behavior and ensure compliance with relevant regulations. Alipay wrote:

“If any transactions are identified as being related to bitcoin or other virtual currencies, @Alipay immediately stops the relevant payment services.”

This move comes amid various reports that Alipay is being used for Bitcoin transactions, the company explained.

https://cointelegraph.com/news/official-alipay-to-ban-all-bitcoin-related-transactions

Expert Asked on October 10, 2019 in Cryptocurrency.
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