2020-11-26 15:27 |
The Chinese digital yuan might lower transaction costs and lead to customer churn and decrease of income of payment service providers, analysts at the S&P rating agency believe.
Similar to Notcoin - Blum - Airdrops In 2024
2020-11-26 15:27 |
The Chinese digital yuan might lower transaction costs and lead to customer churn and decrease of income of payment service providers, analysts at the S&P rating agency believe.
Similar to Notcoin - Blum - Airdrops In 2024
Chinese financial services corporation, China UnionPay, which is similar to major card providers like Visa and Mastercard, has announced a partnership with South Korean payment provider Danal to launThe post China UnionPay’s partnership with Danal introduces crypto-supporting digital card appeared first on AMBCrypto.
2020-11-5 21:33 | |
China is on the verge of completing trials and pilot programs for its national digital currency for the Yuan, which they are calling DCEP. The CBDC, which has been under development for over half a decade, is currently being put to the test through various government subsidies and as a form of payment in selected […] The post .
2020-10-22 21:56 | |
Coinspeaker Fed Releases Its Workplan for Updating Payment Systems amid Coronavirus PandemicIn a bid to deliver the best to compete with the Chinese model and possibly retain the dollar global reserve currency status, the Fed is working closely with other institutions.
2020-9-25 16:30 | |
Chinese central bank has begun trialing operations with credit cards that include DCEP payments for transportation card charge, retail, catering and other payment areas
2020-9-22 15:03 | |
China should aim at becoming the first country to issue digital currency as part of its efforts to internationalize the yuan and lessen its over-dependence on the world’s dollar-dominated payment system, the People’s Bank of China (Chinese central bank) said.
2020-9-22 19:38 | |
If recent events are any indicator, the race for central bank digital currencies (CBDC) appears to be heating up. In August, trials of China’s digital currency electronic payment pilot were announced in 27 cities across the country.
2020-9-21 17:37 | |
In an unconfirmed report, four Chinese state-owned banks are gradually testing the ‘digital renminbi’ wallet app and Digital Currency/Electronic Payment (DCEP) system in different provinces across the country.
2020-8-8 16:17 | |
Chinese food delivery and e-commerce giant Meituan Dianping is the latest establishment to trial China’s digital currency electronic payment (DCEP) project; the country’s planned central bank digital currency (CBDC).
2020-7-15 19:00 | |
China’s inbound central bank digital currency will see its very first real-world test on DiDi, the ride-hailing behemoth that deemed as the Chinese version of Uber. DiDi will trial digital yuan as a payment system on its mobile transportation platform.
2020-7-9 23:16 | |
A leaked video has reportedly emerged in China showing the conversion of renminbi (RMB) into digital yuan for use in the country’s proposed digital currency electronic payment (DC/EP) project. According to a tweet by Chinese crypto news outlet 8BTCNews, the video appeared on WeChat.
2020-5-30 13:22 | |
Chinese Authorities Using Alipay and WeChat to Track Coronavirus Victims? Hubei, the Chinese province that’s the epicenter of the Coronavirus outbreak, had its government releasing a report on February 18th that gives details about the measures taken to combat the disease.
2020-2-19 00:17 | |
China leads the blockchain-based mobile digital payment revolution, expert take
2020-1-20 12:33 | |
People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create a testing ground with the aid of major Chinese companies and banks.
2019-12-9 12:16 | |
Almost 200 cryptocurrency exchanges and token issuing platforms have been shut down. According to the People’s Bank of China’s (PBoC) financial report, the country will continue to crack down on “unlicensed payment” businesses, which include online lending institutions and other financial companies operating on the internet.
2019-11-26 22:15 | |
Mu Changchun, the Deputy Director of the People’s Bank of China (PBoC) has taken to De Dao, a popular Chinese education app to enlighten the masses on cryptocurrencies, including Facebook’s Libra altcoin and China’s Digital Currency Electronic Payment (DCEP) system, reports Forkast on November 18, 2019.
2019-11-18 20:00 | |
Binance’s P2P exchange platform in China was met with much controversy when announced. It now seems that one of its payment processors, Weibo, has shut down the service completely. Last month, Binance announced an over-the-counter P2P platform for Chinese residents.
2019-11-15 12:52 | |
Binance, top-tier centralized exchange, launches Russian Ruble fiat gateway. Through AdvCash payment provider, the Chinese giant offers direct deposits and withdrawals.
2019-11-6 17:43 | |
Analysts state that Chinese banks are struggling under the weight of their bad loans, and in response, the public is turning towards alternative payment methods such as bitcoin. Four banks have been quietly nationalized over the last few years, they are Baoshang Bank, Bank of Jinzhou, and Heng Feng bank. It’s possible that the economic […]
2019-11-3 18:36 | |
After five to six years of research, China’s central bank revealed few specifics of its Digital Currency Electronic Payment (DCEP) project while a Chinese official finally stated that the People's Bank of China (PBoC) is likely to be the world’s first central bank to launch a digital currency. Digital Currency Electronic Payment will be powered […]
2019-11-2 22:24 | |
Libra’s troubles and downfalls often make headlines, but the potential impact of the system, if it’s allowed to ship, is greatly ignored. Chinese tech giant Tencent has acknowledged that Libra has the ability to genuinely threaten the global payment rails.
2019-10-25 13:45 | |
The Chinese Internet Giant and father of Wechat, Tencent, had made its current opinion of Libra clear. They stated that Facebook’s budding cryptocurrency represents a severe risk to already established systems for digital payment.
2019-10-24 19:22 | |
Coinspeaker Tencent Sees Threat to WeChat Pay and Alipay if Facebook Succeeds in Libra LaunchTencent has concerns that Facebook's Libra success may represent a real direct threat to Chinese payment service providers.
2019-10-24 11:40 | |
Chinese internet giant and parent of WeChat, Tencent said Libra would pose serious risks to current digital payment systems in the country.
2019-10-24 05:01 | |
Cryptocurrency exchange Binance has launched peer-to-peer trading in China. The platform supports traders making transactions between themselves using the dominant Chinese payment apps Alipay and Wechat Pay.
2019-10-11 15:40 | |
Coinspeaker Bitcoin Payments in Alipay Banned as the Payments Giant Takes an Anti-Crypto StanceDigital payment arm of Chinese e-commerce giant Alibaba, Alipay, takes an anti-cryptocurrency stance and bans all Bitcoin and cryptocurrency transactions on its platform.
2019-10-11 13:09 | |
Chinese mobile payment giant Alipay has said that it doesn’t support the purchase of cryptocurrencies on its payment platform. Alipay’s statement comes after the Chief Executive Officer of Binance, Changpeng “CZ” Zhao, said that it now supports cryptocurrency purchases via Alipay and WeChat Pay, which BeInCrypto reported on yesterday.
2019-10-11 21:24 | |
Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declares that it will be banning any transactions related to Bitcoin or other cryptocurrencies
2019-10-10 17:18 | |
Chinese Alipay payment provider promises to shut down all transactions related to Bitcoin or any other crypto on it
2019-10-10 14:43 | |
Interest in Bitcoin seems to be booming in Hong Kong. LocalBitcoins recorded its highest trading volume ever in the city-state this past week. The protests in Hong Kong have been called the first uprising fully attuned to our modern, technocratic age.
2019-10-2 12:29 | |
Coinspeaker Chinese Fintech Stock is Rising in Anticipation of PBoC’s Digital CurrencyChina’s fintech stocks are starting to soar ahead of the expected launch if its CBDC. This is driven by the possibility that the digital currency will provide a need for security and payment services.
2019-9-27 17:00 | |
Charlie Shrem interviewed Bitcoin veteran and Ballet Co-founder, Bobby Lee, on his podcast, Untold Stories, earlier today. During the interview, Bobby spoke about his experience of co-founding BTC China, the first Bitcoin exchange in China and for a while, the longest running exchange in the world, while also addressing his interactions with Chinese regulators.
2019-9-18 01:30 | |
The newly appointed Chinese head of digital currency claims that the digital yuan will have some comparable traits to Facebook’s Libra currency and the public will be able to use it within various Chinese payment platforms namely WeChat as well as Alipay CoinDesk reports.
2019-9-6 20:12 | |
Multiple Chinese internet company have discussed avoiding cryptocurrency, amid announcement of Facebook’s Libra initiative. Blockchain technology is still a subject of interest for the Chinese economy.
2019-6-20 04:24 | |
China’s Zhejiang province has rolled out the nation’s first blockchain electronic bill platform in association with Alipay. This scheme allows the customers to keep all the records of and bills at one place.
2019-6-16 23:49 | |
By CCN: Always the optimist, Binance CEO Changpeng “CZ” Zhao sees a silver lining in the wake of WeChat’s recent ban on crypto trading activities. According to a tweet today by Dovey Wan, founding partner of Primitive Ventures, the Chinese social media company released an updated payment policy which states that it will terminate merchant accounts that participate in cryptocurrency transactions.
2019-5-8 22:45 | |
One of the largest social media platforms in the world, Chinese-based WeChat, has banned cryptocurrency trading on its platform. According to the company’s updated payment policy, merchants and users who engage in crypto trading will have their accounts terminated from the platform.
2019-5-8 22:32 | |
News from China reveals that Chinese instant messaging giant, WeChat, has prohibited bitcoin and cryptocurrency transactions, following an upgraded payment policy. This latest move by the company would adversely affect over-the-counter (OTC) and peer-to-peer traders who depend on these platforms to do business.
2019-5-8 19:17 | |
The Chinese equivalent of WhatsApp, WeChat, has updated its terms of service to ban merchants from fundraising by using tokens or cryptocurrencies. The Tencent-operated chat messaging app quietly revised its policy last month; the new policy will take effect on May 31.
2019-5-7 17:19 | |
WeChat, a Chinese social media giant and payment service provider, updated its payments policy with a ban on cryptocurrency transactions
2019-5-7 16:37 | |
Imagine a city whose entire infrastructure is based on blockchain technology, where cryptocurrency is the only means of payment.… The post Malaysian City To Run Completely on Cryptocurrency, Project Backed By Chinese Government To Raise $120M appeared first on Invest In Blockchain.
2019-5-1 18:31 | |
Ripple and Alipay could work together as the Chinese payment giant is seeking to enter the US market, with Brad Garlinghouse confirming that Alipay has grand ambitions for the United States. The post Ripple and AliPay, a Chinese Payment Giant worth $150 Billion, Alliance on the Cards? appeared first on Ethereum World News.
2019-4-5 18:30 | |
This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019.
2019-4-4 18:42 | |
Russian banks have adopted the Chinese CIPS payment system, and the competition from this cross-border platform and Ripple against SWIFT could ultimately lead to the US Dollars being deposed as the leading currency in the world.
2019-4-2 11:30 | |
Chinese tech giant Tencent is looking to enter India‘s payment market with a UPI-based (Unified Payments Interface) WeChat Pay app, according to Entrackr. The report notes Tencent execs met with the National Payment Corporation of India (NPCI) three weeks ago to discuss obtaining a license, with plans to launch the service in May or June.
2019-3-22 14:11 | |
The Shenzhen Metro and Chinese tech giant Tencent are now using the WeChat payment platform for electronic blockchain invoices
2019-3-20 17:17 | |
DogePal, a decentralized payment system that enables fast microtransactions on the Dogecoin blockchain, has recently released a new version of its web-based interface. DogePal’s Improved GUI and API Support DogePal chose a symbolic date for the major update to the site, the last day of the year of the dog in the Chinese calendar.
2019-2-18 19:29 | |
The crackdown on Chinese crypto OTC desks continues as Alipay and WeChat Pay have requested Huobi to remove their services from the exchange's over-the-counter (OTC) trading desk. The phrase “over-the-counter” can be used to refer to stocks that trade via a dealer network as opposed to on a centralized exchange. The idea behind OTC trading […]
2019-1-31 17:58 | |
Chinese payment giants Alipay and WeChat Pay have reportedly requested Huobi to remove their services from its OTC trading desk
2019-1-31 00:25 | |
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.
2018-11-27 21:38 | |