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Could China and The Digital Yuan Help Russia Amid Global Sanctions?
Ananya Kumar, GeoEconomics Center assistant director at the Atlantic Council, discusses the economic relationships between Russia and China and how China’s e-CNY may help facilitate a shift away from the U.S. dollar.
Philippines Trials Blockchain Voting, Byron Bay to Host Crypto Mining
The Philippines looks to blockchain voting for overseas workers. Australia’s Byron Bay to host crypto mining operation. Alipay and Tencent rebrand NFTs as digital collectibles. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Alipay Adds Cooldown Feature on NFTs to Curb Speculation
China's second-most popular payments app doesn't want users to engage in speculation with NFTs.
Ant Group Says NFTs Are Not Cryptocurrencies After Digital Artwork Sells Out
Ant Group highlighted the differences between NFTs and cryptocurrency after its successful sales of digital art.
South Korea’s Upbit Sued for Patent Violation, Alipay Launches NFT Platform
South Korea’s biggest crypto exchange faces a legal challenge over a patent violation. Next, Iranian authorities seize 7,000 crypto mining machines west of Tehran. Finally, payment service behemoth Alipay launches an NFT sales platform. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Ant Group Shares Exclusive Database Tech to Grow China’s E-Yuan
Internet giant Ant Group, which owns mobile payment leader Alipay, says it will offer technical support to help China roll out its digital currency. JD.com, a leader in China’s e-commerce space, reveals that it’s started paying some employees with the DCEP.
Ant Group Has Been Working With China’s Central Bank on Its CBDC Since 2017: Report
The Alibaba-affiliated company disclosed the information over the weekend at the Digital China Summit in Fuzhou.
China’s Digital Yuan Will Be ‘Backup’ to Alipay, WeChat, Says PBOC
In order to support the retail payment system, the central bank has to step up its own digital yuan.
Trump Signs Order to Ban Ma's Alipay, Other Chinese Apps
Separately, U.S. officials are reportedly considering banning U.S. citizens from investing in Alibaba Group, an affiliate of Alipay's parent.
Binance Now Accepting Fiat Through Alipay, WeChat
The move opens the exchange to peer-to-peer (P2P) crypto transactions from China.
