Tencent helping China crack down on crypto scams
Tencent has developed a tool that allows the Chinese government to screen financial transactions for any illegal crypto activity.
Latest Tencent News
Tencent secures license to build virtual bank
Tencent has received a new license from the Hong Kong Securities and Futures Commission to create a virtual bank powered by blockchain technology.
This week in tech: Blockchain regulation takes center stage in China, Korea, India and more
Blockchain regulation has continued to take center stage, as more countries recognize that blockchain is going to power the future.
Tencent to lead development of blockchain-based invoices
The internet giant was backed by the U.K., Switzerland and others in its push to develop global blockchain invoice standards.
UK blockchain startup Everledger attracts $20M investment
The startup intends on utilizing the funding and the expertise of the new partners, which include Tencent, Fidelity and Rakuten, to bring more visibility to its business.
Six million blockchain invoices issued by Shenzhen
Tencent’s blockchain platform for the Chinese city of Shenzhen has already been put to great use.
TenCent’s healthcare startup Waterdrop achieves $1 billion valuation
Waterdrop, which hopes uses blockchain technology to allow users to crowdfund for healthcare, has recently hit the unicorn mark.
WeChat turns to blockchain for help in corporate employee reimbursements
Chinese tech giant Tencent is integrating the blockchain to its WeChat app to facilitate expense reimbursement of company employees.
Police in China arrest 20 linked to major cryptojacking case
The fight against illegal cryptocurrency mining continues in China, this time with the arrest of at least 20 individuals who police suspect have been part of a mega cryptojacking case.
Shenzhen taps Tencent to fight tax fraud using blockchain
Tencent has been tasked by the Shenzhen government to set up an “Intelligent Tax” innovation laboratory to tackle its tax fraud problems.