Latest Wechat News

Business 31 May 2020

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.

Business 25 July 2019

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.

Events 26 June 2019

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.

Business 8 May 2019

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.

Business 31 January 2019

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.

Business 11 September 2018

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.

Business 22 August 2018

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.

Tech 10 August 2018

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.

Business 9 March 2018

China blocks foreign crypto exchanges’ social media accounts

The cryptocurrency sector in China continues to come under severe pressure as the strength of government regulation bears hard on investors.

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