News with the tag "alipay"

Alipay Denies Crypto Purchase Rumors, Labels Them “Groundless” Alipay , one of China’s leading payment platforms, has firmly denied rumors that it supports cryptocurrency purchases. In a statement shared on X (formerly Twitter), Alipay dismissed the claims as “groundless” and humorously referenced a...

Alipay, a Chinese payment platform, reportedly advertised spot Bitcoin exchange-traded funds (ETFs) on its homepage. The advert directed users to invest in Huabao Overseas Technology C (QDII-FOF-LOF) . According to community users, Alipay featured adverts promoting a crypto fund on its homepage on D...

Cryptocurrency Fund Advertisement Appears on China’s Alipay Homepage China’s financial landscape took an intriguing turn as Alipay, the country’s leading digital payment platform, displayed an advertisement for a cryptocurrency investment fund on its homepage. Renowned crypto journalist Colin Wu rep...

Alipay’s mainland Chinese users spotted an ad inviting them to invest up to $137 daily in a fund with indirect exposure to a US spot Bitcoin ETF and Coinbase.

Ant Group CEO Eric Jing Xiandong says tokenization has the potential to power real-time cross-border payments on a global scale. The post Payment Giant Ant CEO Eric Jing: Tokenization is Key to Financial Transformation appeared first on Cryptonews .

The European Central Bank (ECB) is pushing for the adoption of digital euro stressing it will bolster Europe’s competitiveness and strengthen the region’s single market and European sovereignty. Piero Cipollone, executive committee member of the ECB denounced businesses and Europeans who are incurri...

A JPMorgan report reveals that JPM Coin has processed billions of dollars seamlessly with Ant International, the global arm of Ant Group, which owns and operates Alipay. The report emphasizes plans for client-hosted blockchain nodes, currently controlled by JPMorgan, to increase decentralization and...

Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’

Tencent is reportedly under pressure from Chinese regulators to lower the mobile payment market share for its WeChat Pay, as Beijing pushes for digital yuan. The reduction request targets in-person payments, which are done via QR codes, and not online shopping, according to a report by Nikkei, citin...

Smart contract platform Avalanche (AVAX) is powering a new web3-based voucher program for a Chinese digital payment platform. In a statement, Avalanche says the voucher program targets food and beverage merchants and consumers in Southeast Asia. The smart contract platform is partnering with Alipay’...