Alipay

Google Partners with Citi Bank Offering Checking Accounts to Rival Big Techs in Banking Dominance

Technological advancements have shaken up every sector of the global economy in recent years. Now, the banking space is under siege from various tech giants. These big tech companies see financial services as a method of getting closer to users and collecting valuable data.  Interestingly, Apple Inc. introduced a credit card this summer in partnership...
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China’s President Xi Jinping Seeks Blockchain Industry Domination

In a move to dominate the industry, Chinese president Xi Jinping has urged the country to accelerate the adoption of blockchain. Although China has introduced an absolute ban on cryptocurrencies in 2017, the country has been making major developments in the blockchain space. Currently, China holds the most number of patents in the blockchain sector,...
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Binance to Introduce First Fiat-Crypto Trading Pair with Russian Ruble

Binance CEO Changpeng “CZ” Zhao announced that they are preparing for launching fiat options, including the Russian ruble. Popular crypto exchange Binance which has been working on a fiat trading solution for its customers is finally ready to launch. To kick-start this innovation, the exchange will work with Russian rubles in the beginning phase. This interesting...
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Bitcoin proponent talks about dangers of centralized cryptocurrencies

From banning Bitcoin [BTC] and other cryptocurrencies to launching its own digital currency, China’s recent developments have prompted policymakers across the globe to take a second look at cryptocurrencies. The country’s venture into the digital currency space with the introduction of Central Bank Issued Digital Currency [CBDC] was one of the topics discussed by Michael...
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Binance’s Peer-to-Peer Trading in China is Great for Everyone

Cryptocurrency exchange platform Binance launched its P2P trading facility for trading cryptocurrencies against the Chinese Yuan. This way, the company is opening a kind of a “safe space” for Chinese traders who want to trade cryptos. Two days ago, the biggest cryptocurrency exchange in the world in terms of trading volume, Binance announced it’s launching...
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Binance Unveils XRP/BNB Trading Pair Now Available on Binance DEX

Binance has made an official announcement that an XRP/BNB trading pair is now open on its decentralized platform Binance DEX and available for trading. The chief among other cryptocurrency exchanges by volume, Binance, released a statement on Thursday to notify all and sundry that a new trading pair has been included in its decentralized exchange...
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Binance Launches P2P Trading in China With Support for Alipay and Wechat

Cryptocurrency exchange Binance has launched peer-to-peer trading in China. The platform supports traders making transactions between themselves using the dominant Chinese payment apps Alipay and Wechat Pay. News of the matter forced Alipay to publicly claim it stops transactions if they are discovered to be related to cryptocurrency. Also Read: Tether Created ‘Largest Bubble in...
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Alipay and WeChat Bow to Beijing Refusing to Play With Crypto

The announcement that the world’s top crypto exchange had opened two new fiat on-ramps for China was bullish for overall adoption prospects. However, as expected the pressure of Beijing has been too much for the platforms which have already stated they will not tolerate crypto payments. China Still Hates Crypto One hand gives and the...
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Bitcoin Payments in Alipay Banned as the Payments Giant Takes an Anti-Crypto Stance

Digital payment arm of Chinese e-commerce giant Alibaba, Alipay, takes an anti-cryptocurrency stance and bans all Bitcoin and cryptocurrency transactions on its platform. Alipay has indicated that it will ban Bitcoin transactions and all others related to cryptocurrency payments. In what seems like an extension on the cryptocurrency war that the Chinese government is waging,...
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Binance Adds P2P Platform for Chinese Investors, Supports Alipay and WeChat

Leading cryptocurrency exchange Binance has added support for Chinese users of WeChat and Alipay, circumventing a Chinese ban on cryptocurrency exchanges by launching a P2P service that is accessible by Chinese citizens. Binance’s P2P trading capability was announced October 9, 2019, giving Chinese investors the ability to trade bitcoin, ether and tether against the Chinese...
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Alipay Refutes Binance Fiat-Crypto On-Ramp, Will Stop Bitcoin Transactions

This week, popular crypto exchange Binance revealed that it added two new fiat on-ramps for Chinese customers to buy Bitcoin, through popular peer-to-peer platforms Alipay and WeChat.The post appeared first on NewsBTC
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Alipay Torches Binance CEO as False Bitcoin Rumors Fester

In what can only be described as a virtual slap in the face, the Chinese mobile payment platform, Alipay, strongly rebuked bitcoin exchange giant Binance for attempting to implement Alipay as a fiat on-ramp. Did Alipay Reverse Its Bitcoin Ban? New payment options for peer-to-peer (P2P) crypto trading on Binance’s mobile app came to fruition...
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Official: Alipay to Ban All Bitcoin-Related Transactions

Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declares that it will be banning any transactions related to Bitcoin or other cryptocurrencies. Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declared that it will be banning any transactions related to Bitcoin (BTC) or other cryptocurrencies. Combating illicit players On Oct. 10,...
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Binance Will Support WeChat And Alipay For Bitcoin Purchases

Photo: Coinspeaker Recently, Binance has announced that they will add two more fiat-to-crypto gateways, hence WeChat and Alipay. With this move, citizens of China now will be able to purchase Bitcoin, with these two payment options. Changpeng Zhao, the CEO of Binance, confirmed this news on his Twitter account: YES https://t.co/dnHKQSLvS4 — CZ Binance (@cz_binance)...
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Binance Now Accepting Fiat Through Alipay, WeChat

news Binance is now accepting fiat through Alipay and WeChat, opening up the exchange to peer-to-peer (P2P) crypto transactions from China. The move follows a September announcement concerning the exchange’s intention to add over-the-counter (OTC) trade options for an additional fiat on-ramp. Although an expected development, the move was first disclosed on Twitter and later confirmed...
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Binance Adds WeChat/Alipay On-ramps and P2P Bitcoin Trading In China

Binance yesterday announced the Chinese launch of its P2P trading service, with the slug-line, ‘anything that makes it easier to get crypto’. One thing it didn’t announce, but head honcho, CZ, later confirmed on Twitter, was the addition of fiat on-ramps via WeChat and Alipay. Easier to get crypto, indeed. Binance Focuses on China Market The launch of...
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Binance CEO Confirms Chinese Crypto-Fiat On-ramps

Despite a crypto ban in China, citizens are still hungry for digital assets and companies around the world are seeking ways to facilitate trading for the burgeoning population. One of the world’s largest exchanges has just confirmed new fiat on-ramps for two of China’s largest ecommerce and social media payments platforms.Buy Crypto With WeChat Pay...
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PayPal Entering China Market by Local Acquisition

PayPal is buying a 70% equity state in Chinese GoPay. According to PayPal, the transaction is expected to close in the fourth quarter of 2019 and is subject to customary closing conditions. The People’s Bank of China (PoBC) announced they are nit against PayPal’s desire to acquire a 70% equity state in GoPay (Guofubao Information...
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Alibaba Founder and Chairman Jack Ma Officially Retires

Jack Ma, who is one of the technology heavyweights of all time is stepping down after a prolific career as founder and Chairman of the Alibaba Group. He is known to have been steered Alibaba from idea to startup to Global Technology giant. Prolific Billionaire Jack Ma has stepped down as Chairman of Alibaba. After...
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Africa could emerge as the battleground between Facebook and China as digital currency race heats up

Ever since Facebook announced its plans to launch its own cryptocurrency, the world’s regulatory and financial space hasn’t been the same. However, the news cycle about Libra was soon overtaken by lawmakers and regulatory bodies voicing their grave concerns about the same, while also highlighting Facebook’s own problematic history. What is missing however from the...
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Austria’s Telecom Giant A1 Announces Accepting Cryptocurrency Payments

Photo: A1 Austria’s telecommunications giant and the country’s largest mobile service provider A1 has officially announced accepting cryptocurrency payments at some of its store locations across Austria. In the official announcement, A1 states that in its pilot project, they will accept cryptocurrency payments at some A1 shops while demonstrating global businesses that integrating digital currency...
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Facebook’s WhatsApp Plans to Launch Mobile Payments in Indonesia

Facebook Inc further extends its reach towards establishing its dominance in the Asian market. Having that it’s instant-messaging app – WhatsApp partners with multiple Indonesian digital payment firms to offer their mobile transaction services. Indonesia has an estimated value of 260 million people. Been that the nation enlists among the top-five largest markets for WhatsApp,...
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