Hong Kong virtual banks delaying launch due to protests: report

(Image credit: Unsplash / Dan Freeman) Hong Kong's virtual banks are reportedly delaying their plans to launch…


Ant Financial to fully integrate Alipay mini programs with Weibo

He Yongmin, general manager of Alipay open ecosystem division, at Ant Financial's open day event. (Image credit: Ant…


Authorities order Inner Mongolia to end crypto mining support: report

(Image credit: 123RF / bee32) Authorities in Inner Mongolia have issued a notice banning support for the cryptocurrency…


WeChat Pay to debut installment payment credit service in Q4: report

Tencent is incubating a new consumer financing product tentatively called "Fen Fu" that allows approved WeChat users…


Police raid Chinese blockchain project GXChain

(Image credit: Bigstock/ivaleksey) Chinese cryptocurrency project GXChain has halted operations after police raided and…


Deepfakes are not a threat to facial payments, for now

WeChat facial recognition payment. (Image credit: TechNode/Shi Jiayi) A new Chinese app allowing users to implant their…


Huobi founder named CEO of Hong Kong-listed electronics maker Pantronics

(Image credit: Huobi Group) Huobi Group founder Leon Li has been named CEO, chairman of the board, and executive…


JD.com, Thai retail giant Central Group launch financial services app in Thailand

China's second-largest online retailer JD.com along with Thai mall operator Central Group launched a new financial…


Sneakerheads are China’s latest set of unlikely blockchain users

Shan Jichao, a 28-year-old sneakerhead, posing with his favorite pair. (Image credit: Shan Jichao) Collecting sneakers…


Tether beats China to the punch, releases yuan-pegged stablecoin

Hong Kong-based cryptocurrency company Tether announced on Monday that it has launched its Chinese yuan-pegged…