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JPMorgan: Ant International Processes Billions of Dollars Using JPM Coin

[Jul 2 8:35 PM] A JPMorgan report reveals that JPM Coin has processed billions of dollars seamlessly with Ant International, the global arm of Ant Group, which owns and operates Alipay. The report emphasizes plans for client-hosted blockchain nodes, currently…

China’s largest payments app debuts AI feature that checks if you’re balding

[Jun 9 10:52 AM] Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’

Cambodian digital currency bakong amps up use case with Alipay agreement

[Nov 20, 2023 3:47 PM] The CBDC-like bakong provides digital payment services in riel and the U.S. dollar. It has been steadily extending its regional scope.

Chinese City of Jinan Implements Digital Yuan Payments for Public Transportation Fares

[Jul 5, 2023 1:30 AM] Jinan, the capital of the Chinese province of Shandong, has recently included the digital yuan as a means of payment for its public transportation system. According to local sources, digital yuan payments were implemented on July 1 in all city…

China’s Wechat Adds Support for Digital Yuan Payments

[Mar 8, 2023 9:00 AM] Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the…

China’s CBDC wallet resorts to ages-old tradition to boost adoption

[Dec 28, 2022 1:00 AM] A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app.