AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC’s cue and work to stamp out its clients’ crypto-related activities.
Alipay News
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Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government.
9709 - News
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.
6796 - Analysis
The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground.
10836 - Newsletter
Lawmakers are prepping new tools to pursue tech firms accused of anti-competitive business practices.
18806 - News
A representative for the Jack Ma Foundation confirmed to reporters that the businessman had “participated in the online ceremony of the annual Rural Teacher initiative event on January 20.”
9017 - News
The platform is just the latest product in the fintech’s long-evolving blockchain solutions.
5005 - News
Trusple platform promises to apply blockchain, AI and IoT technology to streamline cross-border trading processes for SMEs.
6475 - News
China’s Ant Group is prepping for the largest IPO in history.
8131 - News
China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector.
11163 - News
Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance.
22138 - Analysis
Crypto pundits believe that central bank digital currencies based on public-private partnerships could see the light of day much sooner, as many solutions under development use the approach.
8052 - News
Ant Financial launched a new consortium blockchain platform for SMEs and developers.
3048 - News
Chinese payments platform Alipay has revealed more details of its role in China’s upcoming CBDC ecosystem through a series of patents released over the past month.
5551 - News
Alipay is seeking to lure 44 million merchants with mini programs to expand services for the firm’s 900 million users.
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