NEAR Protocol teams up with a Chinese artist to sell NFTs in the Taobao Maker Festival.
Companies apply under the Payment Services Act, a comprehensive regulatory framework for companies handling activities relating to digital assets, including payments and trading.
The terms of the restructuring are expected to curb the Alibaba affiliate's profitability and valuation.
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.
The move comes as Ant, a global leader in digital payments, is readying what could be an offering worth up to a record $35 billion.
Chinese conglomerate Alibaba is on track to become the largest blockchain patent holder, having filed ten times more than closest rival IBM.
The dual listing could turn Alibaba affiliate Ant Group into one of the largest companies operating in the blockchain space.
Ant Financial claims its enterprise blockchain can handle a billion transaction a day and save costs in global shipping.
The e-commerce firm says its new patent would improve upon current systems used by blockchains to communicate with one another.
The e-commerce giant has patented a blockchain-based means of vetting the originality of songs.
PBOC wants to distinguish its own digital currency from rival private initiatives.
Chinese internet giant Alibaba Group has won two U.S. patents designed to make its blockchain network safer and faster.
What really constitutes a "partnership" at the intersection of e-commerce and crypto?
The fintech arm of Chinese tech giant Alibaba Group said it expects the blockchain to go live in around three months.
Lolli will offer Alibaba customers bitcoin back on their purchases with a new partnership.