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Alibaba
Alibaba to Stop Selling Crypto Mining Machines
The company said it was following Friday’s PBoC guidelines, but also taking note of global crypto regulation instability.

China Fallout Hits Mining, Korea Digital Custody Competition Heats Up
Alibaba bans sale of crypto mining equipment. Mining rigs seized in Inner Mongolia. Korea’s NH Nonghyup bank jumps into digital custody. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Binance.US Hires Former Ant Group Exec to Succeed Ex-CEO Brian Brooks
Binance.US, the American arm of the world’s largest crypto exchange Binance, has hired Brian Shroder as president following last month’s sudden departure of CEO Brian Brooks. Shroder was formerly a strategist and business development executive at Ant Group, an affiliate company of Chinese internet giant Alibaba.

Alibaba’s E-Commerce Website Taobao to Include NFT Arts in Its Maker Festival
NEAR Protocol is working with Web3Games and Chinese artist Heshan Huang to sell NFT-based “real estate.”

Alibaba, Google Among More Than 300 Companies Seeking Singapore Crypto Licenses
Companies apply under the Payment Services Act, a comprehensive regulatory framework for companies handling activities relating to digital assets, including payments and trading.

Alibaba’s Huge Browser Business, UCWeb Is Recording Millions of Android and iPhone Users’ Private Web Habits
Alibaba’s UCWeb private browser, which some say is the fourth largest browser in the world, is in fact not so private after all, as revealed by Forbes. Security researchers found that browsing histories and fingerprinting data are being harvested on UCWeb’s and Alibaba’s servers. “The Hash” team debates the burgeoning world of data privacy.

Ant Group to Become Financial Holding Company as Part of Alibaba Settlement: Report
The terms of the restructuring are expected to curb the Alibaba affiliate's profitability and valuation.

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.

Trump Administration Said to Mull Putting Digital Payments Giant Ant Group on Trade Blacklist: Report
The move comes as Ant, a global leader in digital payments, is readying what could be an offering worth up to a record $35 billion.
