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The Latest Breaking News from WeChat Pay

Business Brief (April 22): China Targets 100 Trillion Yuan Service Sector With AI Push

IT ministry studies computing and power coordination, Mexico and Peru probe Chinese imports

Caixin Global

China's digital currency raises concern as wages of thousands of public servants moves to e-CNY

Starting this month, thousands of workers in a Chinese city will be paid their wages entirely in digital yuan, in what has been described by the central government as a "milestone" for the currency.

ABC News

CPN, WeChat Pay to attract Chinese

Central Pattana (CPN) is joining forces with WeChat Pay to stimulate Thai tourism, creating a seamless shopping experience for Chinese tourists.

Bangkok Post

From analysis to the latest developments in health,
read the most diverse news in one place.

Government-issued digital currencies could bring about a dystopian future, security experts warn

As the world moves away from cash, countries are rolling out government-regulated digital currencies that have concerned security experts.

Inverse

Tencent Caught In Regulatory Turmoil Like Jack Ma's Ant Group

China looks to require Tencent Holdings Ltd (OTC:TCEHY) to include WeChat Pay in a newly created financial holding company, Bloomberg reports. The overhaul may mandate a new license for the universal mobile payments service subjecting it to intense regulatory scrutiny jeopardizing the one-stop-shop appeal reviving investor angst. Tencent needs to fold its banking, securities, insurance,…

Benzinga

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