China’s Crackdown Leads to WeChat, AliPay Blocking Crypto Transactions


In support of the Chinese government’s tightening clampdowns on local crypto-industry, a mobile payment giant has decided to bar virtual currency transactions on its platform. WeChat Pay on Friday issued a statement stating that they would prohibit users from sending or receiving funds related to cryptocurrencies on its social media platform. The Tencent-backed firm cleared

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Posted by Yashu Gola on August 27, 2018 @ https://www.ccn.com/chinas-crackdown-leads-to-wechat-alipay-blocking-crypto-transactions/

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