China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use
Chinese authorities insist that monitoring is only a concern with large transactions, as the digital yuan can be used for small transactions with minimal oversight.
Latest WeChat Pay News
WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption
WeChat is lending the central bank a hand to support China's CBDC ambition by integrating the e-CNY in WeChat Pay, a move aiming to help small merchants.
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.
This week in tech: China all in on blockchain, more nations explore CBDCs
Led by its Chairman Xi Jinping, China is all in on blockchain as Bahamas explores CBDC. Regulators are also stepping up their game as blockchain makes its mark
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.