
During the test, HSBC was connected to the blockchain platform developed by Ant Group and supported by Ant Group’s banking partners.
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After founding Ant Group in 2014, Chinese billionaire Jack Ma is now ceding control of the company as part of Ant’s corporate structure changes.
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Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact on “the economic interests of any shareholders of Ant Group and their beneficiaries.” Once the process is complete, no single shareholder will have control over Ant […]
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Alibaba has launched a new marketplace allowing trademark holders to sell NFT representing licenses to their copyright.
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Major tech and commerce firms have been instrumental in helping China’s central bank develop the digital yuan.
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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.
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Tencent-backed WeBank and Ant Financial-backed MYbank will reportedly be the first private banks to join China’s digital yuan pilot.
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Lawmakers are prepping new tools to pursue tech firms accused of anti-competitive business practices.
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Several of Ant Group’s offerings including the blockchain division will reportedly become part of a financial holding company.
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A representative for the Jack Ma Foundation confirmed to reporters that the businessman had “participated in the online ceremony of the annual Rural Teacher initiative event on January 20.”
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