BIS Wants ‘Level Playing Field’ for Banks Amid Threat from Facebook

The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.

China’s Biggest Payment Firms Have No Plans to Follow Facebook into Crypto

WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto.

Ant Financial Is Launching a Blockchain App to Tackle Food Fraud

Alibaba payments affiliate Ant Financial is poised to launch a blockchain platform next month, alongside an application that tracks rice shipments.

Alibaba Payments App to Step Up Scrutiny Over Crypto OTC Trading

Alibaba's payments affiliate is cooperating with Chinese regulators to scrutinize peer-to-peer crypto trading through its AliPay mobile app. 

Draper Dragon Backs $20 Million Raise for Alibaba Vets’ Blockchain Startup

A public blockchain project founded by former members of Alibaba's blockchain arm has raised over $20 million in a combined token and equity sale.

Alibaba Seeks to Eliminate Middlemen in Blockchain Payments Patent

A new patent filing reveals Chinese e-commerce giant has been exploring the use of blockchain technology to speed up international payments.

Alibaba Affiliate to Boost Blockchain Development After $14 Billion Raise

Alibaba's Ant Financial has raised $14 billion in a new funding, part of which will be used to continue its development of blockchain technology.

Judge Rules Against Alibaba in Crypto Trademark Case

A U.S. district judge ruled against Alibaba in its trademark lawsuit against crypto startup Alibabacoin.

Alibaba Advances Blockchain Food Fraud Platform to Pilot Phase

Chinese e-commerce giant Alibaba is trialling a blockchain-based tracking system developed to make its supply chain more transparent.