Alipay News

Alipay is one of the largest global payment systems that belongs to the Alibaba Group. Alipay was founded in 2004. The payment system is used not only for processing payment for Alibaba Group goods, but over 460,000 other companies use Alipay as well. In 2015, the company announced the initial public offering of Alipay stocks, which will be available only for Chinese citizens. In 2017, the company announced the launching of Alipay in the U.S. In 2018, Alipay started to conduct experiments using blockchain technologies to provide payment processing. The first experimental blockchain-based payment was processed between Hong Kong and the Philippines. The transaction took just three seconds, so the company is currently planning to use the technology on a global scale.

China Extends Crypto-Related Promotion Ban Beyond the Capital

AUG 29, 2018 | by Marie Huillet

China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Developmen...

3240 | 3

China: Alibaba’s Alipay Reveals Government Partnership to Track Rice With Blockchain

AUG 28, 2018 | by William Suberg

Local Chinese government officials have opted to use blockchain to help ensure Wuchang rice authenticity.

4354 |

Chinese Crypto Bans on WeChat Accounts, Events, and Exchanges: What Happened and Why

AUG 25, 2018 | by Joseph Young

In the past two months, the government of China has allocated the majority of its resources to strengthening its ban on cryptocurrency trading and the ICO marke...

6903 | 1

China's Payments Giant AliPay Takes Measures Against OTC Crypto Trading via Its Platform

AUG 24, 2018 | by Marie Huillet

Chinese mobile payment app Alipay is toughening its stance towards users who use their Alipay accounts for over-the-counter Bitcoin trading.

5170 | 5

BlockShow Panelists Argue About Bitcoin’s Decentralization, Blockchain Pros and Cons

AUG 22, 2018 | by Helen Partz

Nouriel Roubini argues that blockchain can not compete with traditional payment systems, triggering a discussion on BTC decentralization.

2970 |

Jamie Dimon Says JPMorgan Will Use Blockchain ‘for a Whole Lot of Things’

AUG 05, 2018 | by Maxwell William

JPMorgan’s Jamie Dimon shies away from speaking about crypto, calling new forms of payment the biggest competitive threat.

29589 | 5

Alibaba’s Cryptic Relationship With Bitcoin and Blockchain

JUN 27, 2018 | by Darryn Pollock

Alibaba has shown enough interest in blockchain and cryptocurrency but is still keeping its hands directly clean.

14462 | 1

Alibaba Offshoot Trials First Blockchain Remittance to Philippines, Plans Global Expansion

JUN 25, 2018 | by William Suberg

Alibaba’s Ant Financial trials blockchain remittances, CEO Jack Ma confirming he intends to take the option global.

23545 | 2

Alipay’s Parent Company Secures $14 Bln for Blockchain Development

JUN 08, 2018 | by Marie Huillet

Alipay’s operator Ant International has secured $14 bln in an equity financing round to develop blockchain for its global tech platform.

18491 | 1

Crypto Trading Platform Starts Accepting CNY - New Era for Bitcoin in China?

NOV 08, 2017 | by Alex Gao

New trading platform in China begins to accept CNY. A new era of Bitcoin in China could be coming.

28148 | 3

Australia and China Sign Agreement for Financial Technology Cooperation

NOV 08, 2017 | by Lisa Froelings

The China Securities Regulatory Commission and the Australian Securities and Investment Commission signed a fintech cooperation agreement to advance innovation ...

9559 | 1

Paying With Your Face++

JUL 08, 2017 | by Kari Stray

Confirming payment with your face is available now.

20715 | 4

Overvaluation of "Blockchain" Projects: Ripple was 30% of $60 Bln Alipay?

MAY 28, 2017 | by Joseph Young

Ripple experienced a sharp decline over the past week, decreasing from around $17 bln to $8 bln. At one point, Ripple’s market cap accounted for nearly 30% of A...

38955 | 16

Why China's $60 Billion Alipay is Recruiting Blockchain Engineers, Experts

MAR 02, 2017 | by Joseph Young

China’s Alibaba and its $60 bln financial arm Alipay are recruiting Blockchain experts to actively look into the potential of Blockchain technology.

2585 |

If Alipay Were Bitcoin: Why Coinbase Exits Hawaii

MAR 02, 2017 | by Joseph Young

Similar to some regulators like the state of New York, Hawaii has decided to take a difficult and reckless approach in regulating bitcoin users and startups.

689 | 5

Overvaluation of "Blockchain" Projects: Ripple was 30% of $60 Bln Alipay?

MAY 28, 2017 | by Joseph Young

Ripple experienced a sharp decline over the past week, decreasing from around $17 bln to $8 bln. At one point, Ripple’s market cap accounted for nearly 30% of A...

38955 | 16

Jamie Dimon Says JPMorgan Will Use Blockchain ‘for a Whole Lot of Things’

AUG 05, 2018 | by Maxwell William

JPMorgan’s Jamie Dimon shies away from speaking about crypto, calling new forms of payment the biggest competitive threat.

29589 | 5

Crypto Trading Platform Starts Accepting CNY - New Era for Bitcoin in China?

NOV 08, 2017 | by Alex Gao

New trading platform in China begins to accept CNY. A new era of Bitcoin in China could be coming.

28148 | 3

Alibaba Offshoot Trials First Blockchain Remittance to Philippines, Plans Global Expansion

JUN 25, 2018 | by William Suberg

Alibaba’s Ant Financial trials blockchain remittances, CEO Jack Ma confirming he intends to take the option global.

23545 | 2

Paying With Your Face++

JUL 08, 2017 | by Kari Stray

Confirming payment with your face is available now.

20715 | 4

Alipay’s Parent Company Secures $14 Bln for Blockchain Development

JUN 08, 2018 | by Marie Huillet

Alipay’s operator Ant International has secured $14 bln in an equity financing round to develop blockchain for its global tech platform.

18491 | 1

Alibaba’s Cryptic Relationship With Bitcoin and Blockchain

JUN 27, 2018 | by Darryn Pollock

Alibaba has shown enough interest in blockchain and cryptocurrency but is still keeping its hands directly clean.

14462 | 1

Australia and China Sign Agreement for Financial Technology Cooperation

NOV 08, 2017 | by Lisa Froelings

The China Securities Regulatory Commission and the Australian Securities and Investment Commission signed a fintech cooperation agreement to advance innovation ...

9559 | 1

Chinese Crypto Bans on WeChat Accounts, Events, and Exchanges: What Happened and Why

AUG 25, 2018 | by Joseph Young

In the past two months, the government of China has allocated the majority of its resources to strengthening its ban on cryptocurrency trading and the ICO marke...

6903 | 1

China's Payments Giant AliPay Takes Measures Against OTC Crypto Trading via Its Platform

AUG 24, 2018 | by Marie Huillet

Chinese mobile payment app Alipay is toughening its stance towards users who use their Alipay accounts for over-the-counter Bitcoin trading.

5170 | 5

China: Alibaba’s Alipay Reveals Government Partnership to Track Rice With Blockchain

AUG 28, 2018 | by William Suberg

Local Chinese government officials have opted to use blockchain to help ensure Wuchang rice authenticity.

4354 |

China Extends Crypto-Related Promotion Ban Beyond the Capital

AUG 29, 2018 | by Marie Huillet

China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Developmen...

3240 | 3

BlockShow Panelists Argue About Bitcoin’s Decentralization, Blockchain Pros and Cons

AUG 22, 2018 | by Helen Partz

Nouriel Roubini argues that blockchain can not compete with traditional payment systems, triggering a discussion on BTC decentralization.

2970 |

Why China's $60 Billion Alipay is Recruiting Blockchain Engineers, Experts

MAR 02, 2017 | by Joseph Young

China’s Alibaba and its $60 bln financial arm Alipay are recruiting Blockchain experts to actively look into the potential of Blockchain technology.

2585 |

Asia’s Fintech Race: Trends, Regulations, Lessons For The West

FEB 12, 2017 | by Alicia Naumoff

While on the global scale fintech is growing rather rapidly, the industry is absolutely booming in Asia, and particularly in China.

1831 | 5

Overvaluation of "Blockchain" Projects: Ripple was 30% of $60 Bln Alipay?

MAY 28, 2017 | by Joseph Young

Ripple experienced a sharp decline over the past week, decreasing from around $17 bln to $8 bln. At one point, Ripple’s market cap accounted for nearly 30% of A...

38955 | 16

Asia’s Fintech Race: Trends, Regulations, Lessons For The West

FEB 12, 2017 | by Alicia Naumoff

While on the global scale fintech is growing rather rapidly, the industry is absolutely booming in Asia, and particularly in China.

1831 | 5

If Alipay Were Bitcoin: Why Coinbase Exits Hawaii

MAR 02, 2017 | by Joseph Young

Similar to some regulators like the state of New York, Hawaii has decided to take a difficult and reckless approach in regulating bitcoin users and startups.

689 | 5

Jamie Dimon Says JPMorgan Will Use Blockchain ‘for a Whole Lot of Things’

AUG 05, 2018 | by Maxwell William

JPMorgan’s Jamie Dimon shies away from speaking about crypto, calling new forms of payment the biggest competitive threat.

29589 | 5

China's Payments Giant AliPay Takes Measures Against OTC Crypto Trading via Its Platform

AUG 24, 2018 | by Marie Huillet

Chinese mobile payment app Alipay is toughening its stance towards users who use their Alipay accounts for over-the-counter Bitcoin trading.

5170 | 5

Paying With Your Face++

JUL 08, 2017 | by Kari Stray

Confirming payment with your face is available now.

20715 | 4

$60 Bln Alipay to Adopt Blockchain Looking to Serve 2 Billion Users

JAN 22, 2017 | by Joseph Young

Alipay, the US$60 billion financial application developed by Alibaba subsidiary Ant Financial, is planning to implement blockchain technology for the long-term ...

1079 | 3

Crypto Trading Platform Starts Accepting CNY - New Era for Bitcoin in China?

NOV 08, 2017 | by Alex Gao

New trading platform in China begins to accept CNY. A new era of Bitcoin in China could be coming.

28148 | 3

China Extends Crypto-Related Promotion Ban Beyond the Capital

AUG 29, 2018 | by Marie Huillet

China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Developmen...

3240 | 3

Alibaba Offshoot Trials First Blockchain Remittance to Philippines, Plans Global Expansion

JUN 25, 2018 | by William Suberg

Alibaba’s Ant Financial trials blockchain remittances, CEO Jack Ma confirming he intends to take the option global.

23545 | 2

Bitcoin Could Overtake Card Payments Within Next Decade

JAN 24, 2017 | by Joseph Young

The volume of electronic payments surpassed cash transactions in 2016, beating fiat for the first time in history. Bitcoin could overtake credit and debit card ...

874 |

Alibaba’s Cryptic Relationship With Bitcoin and Blockchain

JUN 27, 2018 | by Darryn Pollock

Alibaba has shown enough interest in blockchain and cryptocurrency but is still keeping its hands directly clean.

14462 | 1

Australia and China Sign Agreement for Financial Technology Cooperation

NOV 08, 2017 | by Lisa Froelings

The China Securities Regulatory Commission and the Australian Securities and Investment Commission signed a fintech cooperation agreement to advance innovation ...

9559 | 1

Chinese Crypto Bans on WeChat Accounts, Events, and Exchanges: What Happened and Why

AUG 25, 2018 | by Joseph Young

In the past two months, the government of China has allocated the majority of its resources to strengthening its ban on cryptocurrency trading and the ICO marke...

6903 | 1

Alipay’s Parent Company Secures $14 Bln for Blockchain Development

JUN 08, 2018 | by Marie Huillet

Alipay’s operator Ant International has secured $14 bln in an equity financing round to develop blockchain for its global tech platform.

18491 | 1