What China’s Cashless Revolution Can Teach the West About Crypto

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Cash appears to be disappearing from China’s teeming cities. Foreign tourists talk of struggling to […]

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WeChat, Alipay to Block Crypto Transactions on Payment Platforms

Chinese mobile payment platforms WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings (ICOs) and cryptocurrencies. Both payment giants have said that they will work with the government agencies closely to monitor cryptocurrency transactions, according to news releases on August 24. As CoinDesk reported on Friday, […]

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