Tencent’s WeBank to Provide Infrastructure for China’s National Blockchain Consortium

WeBank has become the first technical infrastructure provider for China’s blockchain network.

Tencent to Build Virtual Bank After Hong Kong Regulator Approves License

Tencent received the green light from the Hong Kong Securities and Futures Commission to build a blockchain-based virtual bank.

Tencent to Lead Drafting of International Blockchain-Based Invoice Standards

The internet giant, which has been working on blockchain-based invoices for some time, will lead the development of new standards.

Tencent Says Libra Would Pose Serious Threat to Alipay, WeChat Pay

Chinese internet giant and parent of WeChat, Tencent said Libra would pose serious risks to current digital payment systems in the country.

Tencent, Fidelity Back $20 Million Round for Blockchain Firm Everledger

Blockchain provenance startup Everledger has raised $20 million in a Series A round led by internet giant Tencent.

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.

WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts

WeChat has just blocked an official sales channel for Bitmain miners, along with several accounts that analyse the crypto markets.