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Posts published in “Alipay”

Pakistan’s Blockchain-Based Remittance Service Officially Launches

The long-awaited blockchain platform developed by the Alibaba affiliate between the government of Pakistan and Alipay is in the latest crypto news. This Saturday, a Pakistani financial institution has rolled out the cross-border remittance service based on blockchain technology. Telenor Microfinance Bank and the Malaysian…

Pakistan Taps Blockchain Developed by $150B Alipay, But Forbids Bitcoin

The government of Pakistan is reportedly using a blockchain platform developed by Alibaba’s Alipay. But, cryptocurrencies like Bitcoin remain banned in the country for payments. The initiative of the Financial Action Task Force (FATF) of Pakistan to utilize a blockchain application to combat money laundering…

China During Crypto Ban: One Woman Tries to Live on Bitcoin

Close to being yet another annoyingly false media piece on how ‘hard’ it is to live on cryptocurrency, the Netflix of China, Iqiyi, followed a woman attempting just that for 21 days. Bitcoiners have been doing so for years through various service providers, exchanges, and,…

Ant Financial’s CEO Announces Promising Plans for Blockchain

Ant Financial shared lots of their views on the future of the blockchain and announced some huge plans at Yunqi Conference (aka The Computing Conference) that took place in Hangzhou. CEO and Chairman of Ant Financial, Jing Xiandong (Eric Jing) made two big reveals. The first, the…

Alibaba Accounted for 10% of Blockchain-Related Patents in 2017

Alibaba Group Holding is worth keeping an eye on for those who believe blockchain technology is the future. The multinational technology conglomerate, led by 53-year-old Jack Ma, has filed over 10 percent of the world’s patent applications for blockchain, contributing to China’s dominance in distributed…

China Extends Crypto-Related Promotion Ban Beyond the Capital

China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Development District. China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Development District, local media outlet…

China’s Crypto Crackdown Continues — Alipay Bans Bitcoin OTC Accounts

The most recent round of China’s crypto crackdown has continued, with the Alipay mobile payment processing service banning accounts that are affiliated with over-the-counter (OTC) Bitcoin trading. This news comes via a report from Beijing News, who broke this news in the early morning on August…