Ninjastic
Home
Search
Users
Boards
Addresses
Ctrl + K
Toggle theme
Open menu
Post
Edited versions
Quotes to this post
Post
34896020
Topic
3336479
Board
Bitcoin Discussion
Re: Chinese "Ebay" Bans listing of Cryptocurrency and Blockchain Related Services
by
ETHtotheMOON1
on
17/04/2018, 06:53:16 UTC
Quote from: ATN.io on April 17, 2018, 06:45:42 AM
We are talking about China, so this could just fall under:
nothing to see here
.
However, what I find odd about this is that Taobao (also known as the Chinese "Ebay"), a subsidiary of Alibaba, is banning the listing of any services
related
to blockchain (not just cryptocurrency and ICOs), when China seems to be one of the major advocates of blockchain right now. Heck, Alibaba has even paired with other large companies to start a blockchain academy:
https://www.forbes.com/sites/baymclaughlin/2018/02/08/this-week-in-china-tech-xiaomis-460-investments-tencents-gamble-and-a-new-blockchain-academy/#32e4f0af12d3
.
You can read the full article here:
https://futureblock.io/2018/04/15/alibaba-subsidiary-taobao-bans-listing-of-cryptocurrency-and-ico-services/
I'm pretty confused what is the reason for this. Supporting blockchain on one hand and banning them on the other hand, well I guess only time will tell what their real attitude is...