Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promot...
Tag: WeChat
Multiple WeChat Accounts Affiliated With NFTs Blocked
China’s leading social media giant has officially blocked accounts linked to non-fungible tokens as NFTs are still under strict scrutiny by the Chinese government. China remains one of the countries e...
China’s strict crypto policy continues as WeChat bans NFT accounts
China’s social media and messaging app, WeChat, has banned more than 12 public accounts linked to non-fungible token, or NFT, trading. Most of the banned accounts belong to small and medium-scale NFT...
WeChat Blocks Multiple Accounts Promoting NFT Marketplaces
WeChat, the most popular social media platform in China, has banned several accounts belonging to non-fungible token (NFT) marketplaces. The company stated that cryptocurrency speculation on the platf...
WeChat Bans Multiple Accounts Associated With NFTs Trading
Tencent Holdings’ WeChat has suspended various accounts that promote digital collectibles, a term that is commonly used in China to refer to non-fungible tokens (NFTs) that cannot be purchased or trad...
WeChat Bans ‘A Large Number’ of Accounts Promoting NFTs
WeChat, a Chinese messenger app owned by Tencent and with 1.2 billion active users, has reportedly banned a large number of accounts that widely promoted non-fungible tokens (NFTs). In addition, accor...
Chinese WeChat Giant Bans Numerous NFT Accounts, Here’s Why
Yuri Molchan Popular Chinese chat app has blocked large amounts of accounts related to NFTs Contents Tencent’s ban targets NFT speculation Official accounts with primary transactions Chinese mes...
Breaking: WeChat Blocks NFT Accounts
Tencent’s WeChat which has over 1.2 billion users began to block NFT accounts in large numbers. As per reports, this move has come in accordance with the Chinese government’s regulations. WeChat made ...
Chinese Platform WeChat Removes NFT Platforms: Lack of Regulatory Clarity
Chinese Social Media Platform WeChat has recently opted to upgrade its policies to restrict or remove NFT platforms. Scepticism is hovering around the NFT space concerning Regulatory clarity, an...
China’s Tencent exploring a financial holding company for WeChat Pay
An image of WeChat Pay in action. Zhang Peng | LightRocket | Getty Images Chinese tech giant Tencent is exploring whether regulators will require it to create a financial holding company to house is f...
Chinese Web Giant Tencent Cuts Transaction Fees For SMEs On WeChat
A Chinese vendor stands next to a QR code customers scan to pay via the WeChat app at a local market … [+]t in Beijing, China. (Photo by Kevin Frayer/Getty Images) Getty Images Chinese web giant...
China’s leading messaging app, WeChat to accept digital yuan settlements
WeChat Pay, the leading messaging platform in China, will start accepting digital yuan payments. This is expected to push the adoption of the e-CNY, given that the messaging app has over one billion u...
Messaging App Giant WeChat to Support Digital Yuan Payments (Report)
China’s leading messaging application – WeChat Pay – will reportedly begin supporting the e-CNY. The app has more than one billion users, meaning the initiative could significantly boost the distribut...
WeChat Offers Digital Yuan Payments Ahead of Beijing Winter Games
WeChat has become compatible with payments using the digital yuan ahead of the Beijing Winter Olympics, owner Tencent Holdings said. The move by Tencent comes at a time when the Chinese government pla...
China’s largest messaging and payment app WeChat to integrate Digital Yuan
WeChat, China’s largest social messaging and payment app that boasts of over a billion users is all set to integrate the digital yuan payment option on its platform. In China, there is a common trend ...
WeChat Pay announces support for China’s digital yuan
Tencent Holdings’ WeChat App, the largest messaging app in China and one of the most popular payments in the country, has started supporting China’s central bank digital currency (CBDC). A report unve...
WeChat Introducing Digital Yuan Support
WeChat will reportedly begin offering support for China’s central bank digital currency (CBDC), the digital yuan. Owned by Tencent, China’s largest messaging app, with over 1 billion users, is also am...