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The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transaction of digital collections shall also be dealt with.”

Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.

Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.

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.

Jing’an Culture and Tourism Bureau is issuing blockchain-based discount coupons using its WeChat mini-program.

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.

Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance.

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.

It’s designed to capture attention from high-profile people that others want to hear from.

Alipay is seeking to lure 44 million merchants with mini programs to expand services for the firm’s 900 million users.

The new Coronavirus outbreak has pushed Chinese officials to track individual citizens by their medicine purchases, which presents major ramifications for crypto.

The world’s largest diamond mining firm, Alrosa, has partnered with Tencent, the operator of Chinese social media giant WeChat, on a new blockchain-powered e-commerce project.

The Weibo accounts of Binance and the Tron Foundation are blocked, while those of Huobi and OKEx are still available.

WeChat Pay stores payment receipts on the blockchain, says Binance CEO.

Facebook’s Libra stablecoin would be a serious threat to WeChat Pay, the payment service’s parent company Tencent admitted in a recent blockchain whitepaper.