WeChat Archives - FortuneZ

As Trump Bans WeChat, Some In Chinese Turn To Encrypted Messaging App Signal

August 10, 2020

President Donald Trump's executive order banning American use of WeChat, the most popular app in China, takes effect next month, but some in China are already turning to an American app renowned for its priva...

Bank of China Disses Crypto Trading on Official WeChat Account

March 23, 2020

In the midst of what may be the worst financial crash since the start of the great depression, the Bank of China has come forth to speak out once again against the practice of trading cryptocurrency. The bank...

Tencent Concerned Over Threats from Libra on WeChat Pay

October 24, 2019

Tencent, the parent company of Chinese messaging giant WeChat Pay, admitted that the release of Facebook’s proposed digital currency would be a threat to existing payment networks. The Chinese internet giant...

Binance Accepting Fiat Deposits Through AliPay, WeChat

October 10, 2019

Crypto exchange Binance is accepting fiat deposits via two major Chinese payment gateways – WeChat and AliPay. First disclosed by a Twitter user on Wednesday, Binance’s CEO Changpeng Zhao was quick enough to...

WeChat Bans Merchants From Dealing in Cryptocurrencies

May 7, 2019

Messaging application WeChat has taken action to prevent merchants using its services from dealing in cryptocurrencies. At the end of April, the company released a new policy for merchants that prohibits the...