Japan’s Soramitsu to conduct CBDC feasibility study for the Philippines and Vietnam
According to Nikkei, the two countries are revamping their CBDCs efforts in response to the growing popularity of Chinese payments apps like Alipay and WeChat Pay.
Latest Alipay News
JD.com partners with local bank for digital yuan giveaway
JD.com has teamed up with the Bank of Communications to give away $2.5 million in a lottery for the second time as the launch of digital yuan nears.
Alipay to enable test of digital yuan
The move was made possible by the involvement of MYbank, one of the leading internet-only banks in China, which is also majority owned by Ant Group.
Facebook Libra faces tough competition in Africa
While Libra faces tough regulatory scrutiny in Europe and the U.S, in Africa, it would also have to face tough competition from established players.
This week in tech: SEC settles with companies, Libra in more problems and Tether charged
The week has had everything, from raising millions of dollars in funding, to regulators cracking down on fraudulent projects to adoption by major brands. Oh, and Libra sunk into more problems which led to its backers backing out.
This week in crypto: All the important developments in cryptocurrency space
As active as the blockchain and cryptocurrency spaces are on a continual basis, it may sometimes be difficult to keep up with everything that’s going on.
Alipay confirms ban on all cryptocurrency transactions
The Chinese payments giant has reiterated its anti-cryptocurrency stance, amid reports that some users are funneling BTC transactions through the service.
Alipay and Wechat Pay Maintain Anti-Crypto Stance, confront Huobi
Alipay and WeChat Pay have allegedly sent legal letters to Huobi crypto exchange asking that it take their logos down.
AliPayHK blockchain remittance service targets Philippine consumers
AlipayHK service will be integrated with GCash, a mobile payment service located in the Philippines, using the blockchain.