Alipay to Ban All Bitcoin-Related Transactions

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Alipay, the digital payment arm of Chinese e-commerce giant Alibaba, has declared that it will be banning any transactions related to Bitcoin  and other cryptocurrencies.Alipay reiterated its anti-crypto stance in a Buy bitcoin, which warned that the company is closely monitoring over-the-counter transactions to identify irregular behavior and ensure compliance with relevant regulations. Binance CEO Changpeng Zhao, also known as CZ, clarified that the exchange is not working directly with WeChat or Alipay, and users are still able to use them for peer-to-peer transactions. Read more 

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