Alipay is prohibited from being used for virtual currency transactions and the service will be suspended immediately

Sina Finance News: On October 10, the Alipay Security Center issued a statement on its official Weibo account, reiterating its attitude towards over-the-counter transactions of virtual currencies: it is prohibited to use Alipay for virtual currency transactions.

If a transaction is found to involve Bitcoin or other virtual currency transactions, Alipay will immediately stop the relevant payment services. For merchants involved in virtual currency transactions, they will be resolutely cleared out; for personal accounts suspected of virtual currency transactions, measures such as limiting the account's payment function or even permanently restricting payment will be taken according to the circumstances.