WeChat bans NFT and digital asset-related accounts—again
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.
Latest Wechat News
WeChat suspends NFT accounts to ‘avoid speculation in digital assets’
In a statement, WeChat said that official verified accounts could display digital collectibles, but secondary sales are banned due to their speculative nature.
Binance to halt Chinese yuan OTCs and restrict access in China
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.
Tencent invests heavily in blockchain, other emerging tech
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.
New card from CoinBene exchange integrates cryptocurrencies ‘100%’
The Singapore-based crypto service will offer the card from September, allowing users to pay for everyday transactions from crypto balances.
Lin Zheming of Mempool talks China, Bitcoin SV at CoinGeek Toronto 2019
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.
New WeChat payment policy outlaws crypto transactions
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 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.
China’s WeChat shuts down Bitmain sales account
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.
China’s WeChat blocks crypto, blockchain-related accounts
A WeChat official told Lanjinger news outlet that the accounts were suspected of publishing ICO and cryptocurrency information contrary to the set regulations.
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.
WeChat third-party blockchain app in hot water over ‘violation of service’
Chinese social media app WeChat has suspended a blockchain-based program Xiao Xieyi less than a day after its launch.