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Category: WeChat Pay
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China’s CBDC wallet resorts to ages-old tradition to boost adoption
A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app.
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Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
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Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan
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Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention
Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay.
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Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order, popular payment apps including Alipay, Wechat Pay, and Tencent’s QQ will be banned in America in 45 days. […]
The post Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin appeared first on Bitcoin News.
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Meet the Multi-Cryptocurrency PoS Device Eletropay
On January 5, Bitcoin.com’s Executive Chairman Roger Ver introduced a bitcoin cash (BCH) point-of-sale (PoS) merchant solution created by the startup Eletropay. The crypto PoS device manufacturer aims to make cryptocurrency payments simple and secure “without the need to use mobile phones or computers.” Also Read: BTC’s Hashrate Touches 120 Exahash, But the Price Has […]
The post Meet the Multi-Cryptocurrency PoS Device Eletropay appeared first on Bitcoin News.
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Binance Launches P2P Trading in China With Support for Alipay and Wechat
Cryptocurrency exchange Binance has launched peer-to-peer trading in China. The platform supports traders making transactions between themselves using the dominant Chinese payment apps Alipay and Wechat Pay. News of the matter forced Alipay to publicly claim it stops transactions if they are discovered to be related to cryptocurrency. Also Read: Tether Created ‘Largest Bubble in […]
The post Binance Launches P2P Trading in China With Support for Alipay and Wechat appeared first on Bitcoin News.
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Crypto Facilitates Money Transfer for Restricted China
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that transferring money can […]
The post Crypto Facilitates Money Transfer for Restricted China appeared first on Bitcoin News.
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