The Weibo accounts of Binance and the Tron Foundation are blocked, while those of Huobi and OKEx are still available.
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.
- News
- Follow up
Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels.
- Hodler’s Digest
by Thomas Simms
The SEC halts Telegram’s $1.7 billion token offering in a massive setback for TON, and Mark Zuckerberg is going to testify in front of Congress.
- News
by Helen Partz
Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declares that it will be banning any transactions related to Bitcoin or other cryptocurrencie...
- Analysis
by Joseph Birch
In the wake of CCN’s Google saga, CT looks at which centralized companies have been hostile to crypto firms in the past.
- News
by Helen Partz
Chinese payment giants Alipay and WeChat Pay reportedly requested Huobi to remove their services from its OTC trading desk.
- News
China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Developmen...
- News
Local Chinese government officials have opted to use blockchain to help ensure Wuchang rice authenticity.
- Follow up
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...
- News
Chinese mobile payment app Alipay is toughening its stance towards users who use their Alipay accounts for over-the-counter Bitcoin trading.
- News
by Helen Partz
Nouriel Roubini argues that blockchain can not compete with traditional payment systems, triggering a discussion on BTC decentralization.
- News
JPMorgan’s Jamie Dimon shies away from speaking about crypto, calling new forms of payment the biggest competitive threat.
- Follow up
Alibaba has shown enough interest in blockchain and cryptocurrency but is still keeping its hands directly clean.
- News
Alibaba’s Ant Financial trials blockchain remittances, CEO Jack Ma confirming he intends to take the option global.
- News
Alipay’s operator Ant International has secured $14 bln in an equity financing round to develop blockchain for its global tech platform.
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