taobao.com announcement, announced a comprehensive ban bitcoin and related products, including:

in January 14th

1) bitcoin, Wright coins, coins, coins, unlimited quark’s coins, coins, coins, cocoa penny PPCoin, NameCoin and other virtual currency;

2) bitcoin virtual currency mining tutorial tutorial, introduction;

3) bitcoin mining machine for access to the hardware and software of virtual currency.

since the announcement on the evening of 22 Taobao released at the end of 8, to the morning of 7 at the point of view, bitcoin market price of the yuan all the way down from $5759 to $4849, down more than 15%.

currently taobao.com sales bitcoin, is mainly responsible for the bitcoin mining machine sales, such as Facebook founder Yang Yaorui ASICME mainly in taobao.com sales bitcoin mining machine.

but in the second half of 2013, bitcoin mining machine sellers generally delayed shipments, resulting in businesses and sellers repeatedly disputes, even buyers direct alarm.

below is the full text of the Taobao announcement:

lock up the adjustment added:

bitcoin, Wright currency and other Internet virtual coins and related commodities; general violations, each buckle twelve points, the circumstances are serious, each deduction of forty-eight points.

Please comply with the rules of

background "the people’s Bank of China Ministry of industry and information technology Chinese Banking Regulatory Commission China Securities Regulatory Commission China Insurance Regulatory Commission about bitcoin risk prevention notice" and other relevant laws and regulations.

central bank expressly requires third party payment agencies to close bitcoin, Wright currency trading channels.

specific circumstances include but are not limited to:

1) bitcoin, Wright coins, coins, coins, unlimited quark’s coins, coins, coins, cocoa penny PPCoin, NameCoin and other virtual currency;

2) bitcoin virtual currency mining tutorial tutorial, introduction;

3) bitcoin mining machine for access to the hardware and software of virtual currency.

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