Alipay, the payments portal part of the Chinese online giant Alibaba (NYSE:BABA), will actively monitor the transactions of users and merchants and the over-the-counter crypto trading.
According to a report of the Beijing News media outlet, Alipay will take all the necessary measures to restrict cryptocurrency-related activities on the platform, particularly those involving key websites and accounts.
"All along, Alipay will refuse services to merchants involved in virtual currency transactions. For personal accounts suspected of virtual currency transactions, depending on the circumstances, we will take measures to limit account ...
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