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Tag: ant group

Mar 26 2021

China’s CBDC All Set To Eat Into the Digital Payments Market Share of WeChat and Alipay

□ Mar 26 2021 □ Published at Coingape under tags  alipay ant group bank of china cbdc chinese cbdc

Alipay and WeChat Pay the two dominant players in China's online payments marketplace are all set to see tough competition from the country's very own central bank digital currency (CBDC) aka Digital Yuan. On Thursday, March 25, speaking during a panel discussion organized by the Bank of International Settlements (BIS), Mu Changchun, director of the The post China's CBDC All Set To Eat...

Feb 03 2021

Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report

□ Feb 03 2021 □ Published at CoinDesk under tags  ant group business jack ma news policy & regulation

Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.

Dec 04 2020

Jack Ma’s Ant Group, Three Other Digital Banks Get OK to Operate in Singapore

□ Dec 04 2020 □ Published at CoinDesk under tags  ant group grab holding greenland consortium jack ma news

The approved digital banks will be able to start operating from Singapore in early 2022

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