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Nalezeno "Alipay": 70

Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan


In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-owned banks have asked staff to recruit 200 to...

Shanghai to Hand Out $3 Million in Digital Yuan Lottery


As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere...

Trump Signs Order to Ban Ma’s Alipay, Other Chinese Apps


U.S. President Donald Trump signed an executive order on Tuesday banning the Alipay payment platform and seven other apps with links to the Chinese, saying the apps can access private information from their users. Separately, U.S. officials are considering banning U.S. citizens from investing...

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