China’s digital yuan os backup to AliPay and WeChat Pay, says official
China’s central bank digital currency, or CBDC, will provide backup for major retail payment services like AliPay and WeChat Pay as its key objective, according...
Tag : WeChat
Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
Sentiment in China has slumped as WeChat searches for Bitcoin dropped 7% this week, while searches for “bear market” spiked 102%. One trend that remained...
China’s CBDC is about domestic dominance, not beating the dollar
For the past several years, the trade war between China and the U.S. has been at the center of international relations, with technology playing an...