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The Latest Breaking News from WeChat Pay

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

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

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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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