The cooperation will allow the increasing number of Chinese travelers in the UK to purchase goods and services via the WeChat Pay application on their mobile phones.

World’s Largest Privately Backed Start-Up ByteDance Getting Into the Smartphone Business
July 31st, 2019

ByteDance, the parent company of TikTok, confirmed it’s developing a smartphone, following a deal it made with device maker Smartisan Technology. ByteDance has risen to become a leading player in tech, rivaling the likes of Baidu and Tencent.

Brazil’s FinTech Startup Nubank Raises $400 Million Funding to Value at $10 Billion
July 30th, 2019

Nubank plans to use this raised capital towards its global expansion as well as adding new services to its portfolio like personal and business loans.

WeChat Updates Its Payments Policy, Now Crypto Transactions are Banned
May 8th, 2019

WeChat, the Chinese largest social media and messaging platform operated by Tencent, has updated its service terms. Starting from May 31 it is forbidden to perform cryptocurrency trading there.

Disney is Reportedly Set to Put Out $13,2B for South Korea’s Largest Game Developer Nexon
April 23rd, 2019

Global entertainment leader Disney is apparently in talks with NXC, which owns the largest video game publisher in South Korea, as well as two major cryptocurrency exchanges: Bitstamp and Korbit.

EA Stock Jumps as Apex Legends Gets 10M Players in Just 3 Days
February 10th, 2019

A game developed by Electronics Arts Inc as a competitor to the wildly popular “Fortnite” has signed up 10 million players within three days of its launch, the videogame maker said, driving its shares up 16 percent on Friday.

China’s Major Blockchain Consortium Launches Revolutionary Coinless Blockchain Platform
October 24th, 2018

FISCO BCOS, an innovative coinless blockchain platform, has been created to meet all the requirements and standards of the financial industry.

Cryptocurrency Basket A-SDR Extends Token Sale Due to ‘Overwhelming’ Response
January 17th, 2018

ACChain extends the ICO for its A-SDR global basket project aiming to create an international digital currency reserve asset.

Alibaba Launches Crypto Mining Platform Despite PBoC’s Restrictions
January 17th, 2018

Despite all the limitations on cryptocurrency mining and trading from the government, Alibaba, a Chinese e-commerce giant, has launched a cryptocurrency mining platform.

Bitcoin Enthusiasts in China Leave the Cracked Down WeChat for Officially Blocked Telegram
September 22nd, 2017

While Chinese regulators are moving closer to shutting down bitcoin trading in the country, traders seem to have a way to work around.

Tencent Teams up with Intel for Internet of Things Blockchain Solution
September 14th, 2017

Tencent, the Chinese media and technology company, and Intel have announced a partnership based on blockchain technology.