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Tech Giants WeChat and AliPay Against Crypto

Tech Giants WeChat and AliPay Against Crypto

Сhinese regulators are fighting against announcements anyhow related to cryptocurrency, and giant mobile payment platforms WeChat Pay and Alipay declare to be collaborating with the government in the fight.

Taking Drastic Measures 

Five regulatory organizations in China, including the People's Bank of China and the Banking Regulatory Commission, warned against any digital currency-related fundraising and exchanging operations. 

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