Important Development: A Blow To Chinese Miners Also Came From Alibaba!

According to the latest information, #Alibaba has made a call to cryptocurrency and #Bitcoin mining companies registered in #China.

Negative steps taken by China regarding cryptocurrencies and mining continue unabated. Businesses and mining facilities operating in China are also trying to comply with these prohibitive regulations.

🚨Ban on Chinese Miners from Alibaba
According to the statements made by Wu Blockchain, a China-based cryptocurrency news page on Twitter, Alibaba also warned miners after the last steps. In the statements made on the subject, “China's largest cloud service provider, Alibaba Cloud, made a call to crypto money and mining companies registered in China, saying that it can cancel the domain name and stop the server operation according to legal requirements.” used his words.

In addition, according to the statements made, this will have little impact on the stock markets. Because their servers and registered locations are outside of China. However, mining companies may need to make some changes.

🚨Warning to Mining Facilities in China
Ahead of Alibaba's call on June 18, Sichuan requested power generation companies to immediately stop powering any digital currency mining . According to the statements made, it was requested to share data and information on the 25th of the month in the official document shared.