Report: Alipay and WeChat Pay Require Huobi to Remove Payment Methods from OTC Desk
Chinese payment giants Alipay and WeChat Pay have reportedly requested Huobi to remove their services from its OTC trading desk Go to Source Powered by WPeMatico
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China During Crypto Ban: One Woman Tries to Live on Bitcoin
Close to being yet another annoyingly false media piece on how ‘hard’ it is to live on cryptocurrency, the Netflix of China, Iqiyi, followed a woman attempting just that for 21 days. Bitcoiners have been doing so for years through various service providers, exchanges, and, yes, even peer-to-peer, yet the clearly untrue ‘hard’ narrative is … Read more
China Extends Crypto-Related Promotion Ban Beyond the Capital
China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Development District Go to Source Powered by WPeMatico
China: Alibaba’s Alipay Reveals Government Partnership to Track Rice With Blockchain
A new blockchain scheme involving local government in China, Alipay and parent Ant Financial will track Wuchang rice Go to Source Powered by WPeMatico
Chinese Crypto Bans on WeChat Accounts, Events, and Exchanges: What Happened and Why
China has banned crypto-related WeChat accounts, events, exchanges, OTC markets and news sites. Is there anything left to ban? Go to Source Powered by WPeMatico
China’s Payments Giant AliPay Takes Measures Against OTC Crypto Trading via Its Platform
Chinese mobile payment app Alipay is toughening its stance towards users who use their Alipay accounts for over-the-counter Bitcoin trading Go to Source Powered by WPeMatico
BlockShow Panelists Argue About Bitcoin’s Decentralization, Blockchain Pros and Cons
Nouriel Roubini has triggered a wave of discussion on Bitcoin’s decentralization by stating that blockchain has “zero” to do with fintech issues during a panel at BlockShow Americas Go to Source Powered by WPeMatico
Bitcoin’s Volatility Renders it Useless as a Payment Method, Says Former PayPal CEO
Bill Harris has made clear his view on cryptos several times. The former PayPal CEO has in the past described Bitcoin as the ‘greatest scam in history’ and a massive ‘pump and dump scheme.’ Harris recently reiterated his stand, further claiming that all the praise that Bitcoin has been receiving as an efficient payment method … Read more
Tinder CTO: Millennials Prefer to Invest in Crypto, Don’t Trust Banks
Brian Norgard, the Chief Technology Officer (CTO) of popular dating app Tinder and an early stage investor in SpaceX and Tesla, has stated that millennials prefer to invest in crypto rather than reserve currencies and conventional assets. Citing a report from CB Insights, Norgard listed the following as being “Millennial investing patterns & preferences”: Low fees … Read more
Jamie Dimon Says JPMorgan Will Use Blockchain ‘for a Whole Lot of Things’
In a recent interview JPMorgan’s CEO Jamie Dimon implies cryptocurrency isn’t “real,” but blockchain is –– adding that the company will “use it for a whole lot of things” Go to Source Powered by WPeMatico
