Alipay closely monitors and investigates virtual currency over-the-counter transactions, and takes restrictive measures depending on the severity of the situation

According to a report from the Beijing News, Ant Financial said that Alipay will take measures such as restricting the collection function of the account or even permanently restricting the collection of personal accounts suspected of virtual currency transactions, depending on the severity.

In addition, Alipay and Ant Financial said that they will continue to closely monitor and investigate over-the-counter transactions involving virtual currencies, and strengthen the establishment of inspection systems for websites and accounts.

Alipay closely monitors and investigates virtual currency over-the-counter transactions, and takes restrictive measures depending on the severity of the situation

It was reported on August 17 that the Shanghai Municipal Government signed a strategic cooperation agreement with Alibaba and Ant Financial on the 16th. Ant Financial will take advantage of blockchain and other aspects to actively participate in the development of Shanghai’s financial industry and jointly promote the Shanghai International Financial Center. Construction.

It is worth noting that yesterday (August 23) news, Jack Ma pointed out in his speech that there will be three core technologies in the future: intelligent manufacturing, IoT, and blockchain. When it comes to blockchain, Jack Ma made it clear that he does not support Bitcoin, but believes that blockchain is not all Bitcoin.

The following is the original text:

Regulatory trends regarding virtual currency transactions have become a recent hot spot. On August 24, a reporter from the Beijing News learned exclusively from Ant Financial that Alipay will take measures such as restricting account collection functions or even permanently restricting collections based on the circumstances of personal accounts suspected of virtual currency transactions. Next, Alipay and Ant Financial will continue to closely monitor and investigate over-the-counter transactions involving virtual currencies, and establish inspection systems for key websites and accounts.

"Always, Alipay has resolutely cleared and refunded merchants involved in virtual currency transactions; for personal accounts suspected of virtual currency transactions, it has resolutely adopted measures such as restricting account collection functions or even permanently restricting collections based on the circumstances." Ant Financial It is stated that Ant Financial and Alipay attach great importance to the potential risks of virtual currency transactions, and have always insisted not to provide acquiring services for virtual currency transactions such as Bitcoin, and continue to resolutely conduct virtual currency transactions through personal account transfers and other forms. Blow.

According to data, in March 2018, Ant Financial CEO Jing Xiandong publicly warned of the huge risks of the current IC0 and Aircoin "Empty Glove White Wolf", and clearly stated that although Ant Financial has the world's most blockchain patents, None of them are related to IC0. It is understood that this is also the basic principle of Alipay and Ant Financial for blockchain technology and virtual currency technology.

The Beijing News reporter learned exclusively from Ant Financial. Next, Alipay and Ant Financial will continue to closely monitor and investigate over-the-counter transactions involving virtual currencies, establish inspection systems for key websites and accounts, and report users. Take relevant measures as soon as possible.

In addition, Ant Financial also stated that Alipay will also conduct risk prevention education to users on the platform through various methods, remind users not to be deceived by various false propaganda, recognize the risks of virtual currency transactions, and avoid possible The losses suffered.

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