China
📱Mastercard launches Pay Local service to expand card payments Paid Members Public
📱Mastercard launches Pay Local service to expand card payments Mastercard's new solution aims to cater to consumers who use local digital wallets, eliminating the need for creating or reloading prepaid accounts. ▶️ What’s new❓ — The service integrates Mastercard with major digital wallet providers such as Alipay and Weixin
💰 Strategic Alliance: Standard Chartered 🇬🇧 to Serve as External Custodian for OKX's Institutional Crypto Investors 🇨🇳 Paid Members Public
💰 Strategic Alliance: Standard Chartered 🇬🇧 to Serve as External Custodian for OKX's Institutional Crypto Investors 🇨🇳 Standard Chartered, a UK-based financial institution, offers banking and treasury services, with approximately 90% of its revenue generated from Asia, Africa, and the Middle East, rather than the EU. ▶️ According to OKX representatives, this
🎉 HSBC UK 🇬🇧 Launches Cross-Border Virtual Account Solution for E-Commerce Payments Paid Members Public
🎉 HSBC UK 🇬🇧 Launches Cross-Border Virtual Account Solution for E-Commerce Payments This new solution allows customers, particularly Chinese 🇨🇳 e-commerce merchants, to receive payments in euros and British pounds directly into their local accounts, helping them avoid additional currency conversion and transfer fees. ➡️ The virtual account system assigns each business a unique
💪 Cambodia 🇰🇭: Cross-Border QR Payments Arrive via Alipay+ Paid Members Public
💪 Cambodia 🇰🇭: Cross-Border QR Payments Arrive via Alipay+ Transactions will be conducted through the Bakong payment system of the NBC, in collaboration with the Chinese holding company Ant International 🇨🇳. The central bank of Cambodia has already granted its approval. ▶️ Beneficiaries of this partnership will include users of 12 international payment applications,
🤓 It’s been a while since we’ve seen the Chinese! 🇨🇳 Alipay+ shines in international tourism Paid Members Public
🤓 It’s been a while since we’ve seen the Chinese! 🇨🇳 Alipay+ shines in international tourism Why this growth? The answer is simple: "A" for "Adaptability" and "I" for "Integration" with local payment systems. Currently, Alipay+ partners with 30 payment platforms, connecting
🏴☠️ Chainalysis Report: Top Cryptocurrency Scams of 2024 Paid Members Public
🏴☠️ Chainalysis Report: Top Cryptocurrency Scams of 2024 Chinese CSAM networks, "Pig Butchering," and much more. But *Ponzi schemes* are no longer in vogue. 🔼 “Big Game Hunting”: The average amount of cryptocurrency stolen in robberies has increased by nearly 80%. This is partly due to the rising value of
👀 China 🇨🇳: Supreme Court Revises Anti-Money Laundering Law to Include Virtual Assets Paid Members Public
👀 China 🇨🇳: Supreme Court Revises Anti-Money Laundering Law to Include Virtual Assets Income conversion and transfer from digital transactions will now be regulated under rules that prohibit “concealing the origin and nature of illegally obtained income and its benefits by any means”. ➡️ Historical context: The “Anti-Money Laundering Law” was approved on
🤝 Spanish financial conglomerate ABANCA🇪🇸 partners with Alipay+🇨🇳 Paid Members Public
🤝 Spanish financial conglomerate ABANCA🇪🇸 partners with Alipay+🇨🇳 As a result of this partnership, ABANCA's commercial clients using Alipay+ will be able to accept payments from users of 15 major Asian and European digital wallets both in online and physical stores via POS terminals. ⏺This collaboration will enable ABANCA&