Search
Tencent unveils ChatGPT rival in China amid continuing US AI chip ban
7.9.2023
Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use in China
Today in Crypto: WeChat & Alipay Enable Foreigners to Pay at Chinese Retailers, ETH 699,816 Paid as Royalties to NFT Projects on Ethereum, Hana Bank & Woori Bank 'Interested in Certificate of Deposit' Tokens
24.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: WeChat & Alipay Enable Foreigners to Pay at Chinese Retailers, ETH 699,816 Paid as Royalties to...
Elon Musk to rebrand Twitter to X, but Crypto Twitter has other ideas
24.7.2023
One pitch from Axie Infinity’s co-founder said to keep Twitter but have a crypto wallet named X for spending and creator tipping
Chinese City of Jinan Implements Digital Yuan Payments for Public Transportation Fares
5.7.2023
Jinan, the capital of the Chinese province of Shandong, has recently included the digital yuan as a means of payment for its public transportation system. According to local sources, digital yuan payments were implemented on July 1 in all city buses after being tested in just two bus lines. Jinan...
Brian Armstrong Envisions Coinbase to Eventually Become a 'Super-App'
22.6.2023
Coinbase will look more like Tencent's WeChat than the simpler crypto exchange interface of today, Armstrong said
Today in Crypto: Bitpanda Joins Hands with Raiffeisenlandesbank, Galaxy Digital to Develop ETPs with DWS, China Expands CBDC on WeChat, NEAR Goes Live as Blockchain Operating System
26.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitpanda Joins Hands with Raiffeisenlandesbank, Galaxy Digital to Develop ETPs with DWS, China Expands...
A ‘Super App’ May Be Web3’s Super Power
13.4.2023
China’s Wechat Adds Support for Digital Yuan Payments
8.3.2023
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...
WeChat integrates digital yuan into its payment platform
7.3.2023
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity
China’s CBDC wallet resorts to ages-old tradition to boost adoption
28.12.2022
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
Report: Nearly 13,000 Chinese Social Media Accounts Promoting Virtual Currency Closed
10.8.2022
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...
Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions
22.7.2022
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...
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
22.6.2022
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...
China’s WeChat bans crypto and NFT-related accounts
21.6.2022
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.”
New Tencent Digital Yuan Wallet Preparing to Launch
16.4.2022
First images have emerged of specialized digital yuan wallets provided by the Tencent-run e-pay platform WeChat Pay.
Although the wallets are still in what appears to be beta testing and are not yet fully functional, some media outlets – such as Sina – appear to have been able to open wallets...
WeChat Pay to Offer Digital Yuan Payment Options as China’s CBDC Pilot Expands
8.4.2022
The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token.
As reported, the central People’s Bank of China (PBoC) has recently expanded the number of cities included in...
Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs
4.4.2022
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...
Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
9.1.2022
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to...
WeChat Pay Interoperability is Another Key Breakthrough for Digital Yuan Pilot
6.1.2022
Payment platform WeChat Pay began its own digital yuan journey, at the time when millions of Chinese citizens are getting their first taste of what life is like with a central bank digital currency (CBDC) – as citizens in some of the country's biggest cities began using a pilot version of a CBDC...
Tencent Buys Sumo Group For $1.3 Billion
19.7.2021
British company Sumo Group, whose various studios have worked on everything from Hitman to Forza to Disney Infinity, has been bought by Chinese giant Tencent for a whopping $1.3 billion, Reuters report.Read more