WeChat – DIGIT INFO

Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO

DIGIT — Thu, 07 Nov 2024 21:50:33 +0000

According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.

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Tencent unveils ChatGPT rival in China amid continuing US AI chip ban

DIGIT — Thu, 07 Sep 2023 18:30:20 +0000

Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use in China.

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Elon Musk to rebrand Twitter to X, but Crypto Twitter has other ideas

DIGIT — Mon, 24 Jul 2023 03:37:03 +0000

One pitch from Axie Infinity’s co-founder said to keep Twitter but have a crypto wallet named X for spending and creator tipping.

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China’s Wechat Adds Support for Digital Yuan Payments

DIGIT — Wed, 08 Mar 2023 15:00:31 +0000

Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay in Integrating Payments With Digital Yuan The […]

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WeChat integrates digital yuan into its payment platform

DIGIT — Tue, 07 Mar 2023 13:11:59 +0000

Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity.

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Report: Nearly 13,000 Chinese Social Media Accounts Promoting Virtual Currency Closed

DIGIT — Wed, 10 Aug 2022 11:30:49 +0000

Nearly 13,000 Chinese social media accounts that allegedly promoted virtual currency investments were closed, the Cyberspace Administration of China recently revealed. In addition, some 51,000 social media posts with content relating to the marketing or promotion of investments in virtual currencies were removed. 105 Websites Shut Down A Chinese regulator, the Cyberspace Administration of China […]

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Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions

DIGIT — Fri, 22 Jul 2022 20:30:32 +0000

China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year After Launch as China Curbs […]

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Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

DIGIT — Wed, 22 Jun 2022 14:00:41 +0000

Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, the instant messaging, social media, and mobile payment app developed […]

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China’s WeChat bans crypto and NFT-related accounts

DIGIT — Tue, 21 Jun 2022 03:04:58 +0000

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.”

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Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs

DIGIT — Mon, 04 Apr 2022 09:30:59 +0000

Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Widening Crackdown on Digital Assets The Chinese messaging app Wechat recently acknowledged it had suspended some accounts which are said to […]

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