Elon Musk unveiled his plans to hit revenue goals for Twitter, involving diving into payments, competing with TikTok on videos, and the $8 Twitter Blue subscriptions.
PayPal, an online payments processor and financial services company, set off a media storm on Saturday when it published its acceptable use policy (AUP) update.
WeChat has announced a ban on accounts related to Bitcoin and NFTs for the second time in three months, even as NFT platforms in China have grown fivefold since February.
In a statement, WeChat said that official verified accounts could display digital collectibles, but secondary sales are banned due to their speculative nature.
Binance is doubling down on restricting access to its products in China, halting Chinese yuan OTCs, as top messaging app WeChat appears to block Binance results.
WeChat owner Tencent is to invest $70 billion in emerging technologies such as blockchain and cloud computing as it seeks to bounce back from COVID-19 slowdown.
The Singapore-based crypto service will offer the card from September, allowing users to pay for everyday transactions from crypto balances.
Lin Zheming took the stage during last month’s CoinGeek Toronto 2019 conference, explaining what’s going on in China with crypto and where Mempool is headed.
The Chinese social media giant reportedly states that users who continue to transact in cryptocurrencies on the platform will have their user accounts terminated.
Alipay and WeChat Pay have allegedly sent legal letters to Huobi crypto exchange asking that it take their logos down.
The WeChat crackdown on crypto "hype news" channels continues, and this time one of the targets has been identified as Chinese cryptocurrency mining manufacturer Bitmain.