Alibaba Cloud Says It May Stop Servicing Crypto Mining Companies in China


Source: elevenews.com elevenews.com

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Telegram Chinese media sources state that Alibaba Cloud behemoth may stop providing services to crypto companies in China – that would hit Bitcoin miners but not exchanges. Chinese 8BTC news portal and Chinese crypto journalist Colin Wu have reported that the second biggest provider of clouding services in China, Alibaba Cloud, has warned all crypto companies, including mining firms, that it may stop working with them due to the recent regulatory requirements. Image via Twitter Alibaba Cloud joins the clampdown on crypto miners Colin Wu has taken to Twitter to announce another negative piece of news for Chinese crypto miners...