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Tag: alibaba

Jul 19 2021

Apr 10 2021

Biggest Blockchain Patent Holder Alibaba Faces $2.8B Fine Amid Growing Fallout With Gov

□ Apr 10 2021 □ Published at Coingape under tags  alibaba alibabacoin blockchain news btcbrl btcbusd

Alibaba, the largest e-commerce company in China and the biggest blockchain patent holder was fined $2.8 billion for anti-trust activities by the Chinese government. The fine was imposed after the market monopoly investigation which indicated that Alibaba was punishing retailers for selling the same goods on other platforms. Alibaba is believed to be one of The post Biggest Blockchain Patent Holder Alibaba Faces...

Jan 12 2021

Is China Poised to Nationalize Alibaba?

□ Jan 12 2021 □ Published at CoinDesk under tags  alibaba cbdcs china global the breakdown

The International Business Times reports China might nationalize Alibaba. Here’s what that has to do with China’s digital currency efforts.

Nov 19 2020

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

□ Nov 19 2020 □ Published at CoinDesk under tags  alibaba china dcep digital payments goldman sachs

Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.

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