US Court Rules Alibaba Powerless to Stop Cryptocurrency Using Its Name

A U.S. District Court has ruled against Chinese conglomerate Alibaba Group in favor of a Dubai-based cryptocurrency foundation, Alibabacoin. The judge says Alibaba Group did not show any jurisdiction in the U.S. and China’s ban on initial coin offerings eliminates any potential confusion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space No Jurisdiction for […]

US Court Rules Alibaba Powerless to Stop Cryptocurrency Using Its Name is courtesy of: JUST BITCOIN NEWS

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