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May

China steps up efforts to rein in crypto with WeChat trading ban

Less than two years ago, China was the world’s virtual-currency capital by trading volume. On the eve of the great crypto crackdown in September 2017, China accounted for 90% of the world’s Bitcoin trading. Miners capitalized on cheap electricity rates in far-flung provinces to churn out as many digital coins…

May

Asia Payments Research

WeChat sees Malaysia as its gateway to Southeast Asia

The WeChat super app is perhaps the best example of a made-for-China digital ecosystem that struggles beyond the Great Firewall. It’s essential in China for communication with colleagues and friends, ride hailing, day-to-day purchases and online banking. WeChat puts all that and more at your fingertips – and it’s not…

Apr

Asia Banking Research

Alipay and WeChat struggle to gain foothold in Indonesia

In less than a decade, Alibaba and Tencent have built the world’s foremost mobile internet ecosystem in China. Their success derives from both innovative business models and unflappable determination. To be sure, they arrived at the right time – the rise of smartphones – but good timing isn’t enough to…

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wechat

China steps up efforts to rein in crypto with WeChat trading ban

WeChat sees Malaysia as its gateway to Southeast Asia

Alipay and WeChat struggle to gain foothold in Indonesia

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wechat

China steps up efforts to rein in crypto with WeChat trading ban

WeChat sees Malaysia as its gateway to Southeast Asia

Alipay and WeChat struggle to gain foothold in Indonesia

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