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China’s Digital Yuan to Complement WeChat and Alipay
Mu Changchun, head of the research institute for digital currency at the People’s Bank of China (PBoC), has revealed that the newly launched digital yuan will function in tandem, rather than in competition with established digital payment services like Alipay and WeChat. дальше »
2020-10-27 21:52 | |
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The Digital Yuan will integrate easily with digital payment options like Alipay and Wechat, claims Glen Woo
China’s DCEP may cause little disruption in the country’s present financial system and still... The post The Digital Yuan will integrate easily with digital payment options like Alipay and Wechat, claims Glen Woo appeared first on Coin Journal. дальше »
2020-6-15 14:31 | |
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China: Central Bank Inching Closer to CBDC Issuance
China has reportedly made significant progress with the basic functions of its proposed central bank digital currency (CBDC) based on patent filings submitted by Chinese fintech giant Alipay. Beijing Inching Closer to CBDC Issuance According to the Global Times, Alipay filed five patents related to its work on China’s planned CBDC between January 21 andRead MoreRead More. дальше »
2020-3-24 22:00 | |
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‘Libra vs Alipay, WeChat’ Trending High on Chinese Search Engine
Since Facebook announced its new cryptocurrency “Libra,” it has faced resistance from global regulators and financial sectors. The People’s Bank of China, which in 2017 banned the use and trading of cryptocurrencies, has also expressed skepticism, believing that the US-controlled digital currency would circumvent its financial sovereignty. дальше »
2019-7-18 15:00 | |
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Alibaba is nudging users to be more ethical with its in-app minigames
Four years ago, in a move designed to explore the viability of new offline sales models, Alibaba ran a little experiment. Two of its financial service offerings, Alipay digital wallet and its onboard credit scoring platform Sesame Credit, cooperated in the launch of two unmanned supermarkets. дальше »
2019-6-23 10:00 | |
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Huobi Group Sets Up Communist Party Committee in Beijing
As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company. дальше »
2018-11-20 00:18 | |
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Cashless Societies Sound Great in Theory, but Fail in Reality: A China Case Study
With the world’s most advanced and widespread digital payments infrastructure, cash is fast becoming a thing of the past in China. Internet payment giants like Alipay and TencentPay have cornered a vast domestic market and created what some see as a utopia of ubiquitous mobile payments. дальше »
2018-9-26 03:00 | |
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Chinese Internet Giant Baidu Ban Cryptocurrency-Related Discussions on Its Platform
Following in the steps of WeChat and AliPay, favorite Chinese search engine, and social media platform, Baidu has started restricting digital currency and initial coin offering (ICO) related topics on its platform, according to a China Times report on August 26, 2018. дальше »
2018-8-28 23:00 | |
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China’s Biggest Payment App AliPay Bans Accounts Trading Bitcoin in OTC
Alipay, the biggest payment application in China valued at $150 billion, officially banned over-the-counter (OTC) Bitcoin trading, prohibiting traders from utilizing Alipay accounts to initiate digital asset trades. дальше »
2018-8-24 13:03 | |
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PR: SoPay – Blockchain Payment Platform Lists on Three Major Exchanges to Create Digital Assets “Alipay”
SoPay has announced its arrival in three exchanges (CoinEx, Gate. io and BCEX) with an emphatic announcement of the trading contest that will feature 30 million SOP tokens. SoPay is a new blockchain payment platform that brings a disruptive experience in the money market. дальше »
2018-7-19 20:30 | |
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