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.
The Weibo accounts of Binance and the Tron Foundation are blocked, while those of Huobi and OKEx are still available.
Binance’s ‘Chinese Twitter’ Gets Blocked for Unknown Violations
Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels.
Alipay Denounces Bitcoin OTC Trading: Regulatory ‘Gray Area’ in China
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.
Telegram Bombshell, Zuckerberg to Testify, Ripple Row: Hodler’s Digest, Oct 7–13
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...
Official: Alipay to Ban All Bitcoin-Related Transactions
In the wake of CCN’s Google saga, CT looks at which centralized companies have been hostile to crypto firms in the past.
Internet Authority: History of Centralized Companies Being Hostile Toward Crypto
Chinese payment giants Alipay and WeChat Pay reportedly requested Huobi to remove their services from its OTC trading desk.
Report: Alipay and WeChat Pay Require Huobi to Remove Payment Methods from OTC Desk
China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Developmen...
China Extends Crypto-Related Promotion Ban Beyond the Capital