China's second most-popular payments app doesn't want users to engage in speculation with NFTs.
Ant Group highlighted the differences between NFTs and cryptocurrency after its successful sales of digital art.
The Alibaba-affiliated company disclosed the information over the weekend at the Digital China Summit in Fuzhou.
In order to support the retail payment system, the central bank has to step up its own digital yuan.
Separately, U.S. officials are reportedly considering banning U.S. citizens from investing in Alibaba Group, an affiliate of Alipay's parent.
The move opens the exchange to peer-to-peer (P2P) crypto transactions from China.
Pakistan-based Telenor Microfinance Bank has launched a remittances service using blockchain tech from Alipay.
China appears to have achieved the crypto community's dream of a new internet of value, without blockchain. But there's more than meets than eye here.
WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings and cryptocurrencies.
The payment affiliate of China's e-commerce giant Alibaba has launched a blockchain-based remittance service between Hong Kong and the Philippines.
Ant Financial, the payments affiliate of e-commerce giant Alibaba, is moving to expand the scope of its blockchain-powered charity project.