Taobao, a subsidiary of Alibaba, modified its prohibition plan covering cryptocurrency activities. The Taobao would be restricting activities related to Initial Coin Offerings (ICO). The altered rules cover ICOs and other digital products. It is highlighted that the store outlets that violate the rules and extend ICO related services would suffer penalties.
Taobao alters rules prohibiting ICO related servicesIncryptsApr 12, 20180
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