Tag Archives: union pay

Russland stellt um: Bitcoin oder chinesische Bezahlsysteme stehen zur Wahl. Es ist ein harter Schlag gegen die Bevölkerung in Russland und Belarus. Fast sämtliche Bankkarten funktionieren nicht mehr. American Express, VISA, Mastercard und PayPal — sie alle haben ihre Dienste für russische Kunden eingestellt. Für die Kunden der drei weltgrössten Kreditkartenanbieter bedeutet das: Sie können mit von russischen Banken ausgestellten Visa-, Mastercard-...

Union Pay – a Chinese financial services firm – has joined hands with Danal, a Korean payment provider, to establish and introduce a new digital currency-based credit card that allows users to pay for goods and services with crypto.Union Pay Looks to Allow Consumers to Pay with CryptoThe idea of issuing crypto credit and debit cards has been rather popular for some time, now. Recently, the exchange Coinbase – situated on the west coast of the United States – has stated that it will be issuing...

Tencent, the Chinese technology giant that operates the social media app WeChat, has announced that it is planning to develop a digital currency research group. This research group will have the responsibility of further advancing various blockchain technology research projects. According to fresh reports by iFeng, the company had released an official statement to its employees telling them that it is seeking someone to head the proposed research group.The yet-to-be-established digital...

Following Chinese President Xi Jinping’s call for his Country to “Seize the opportunity” offered by blockchain technology and the crypto space, it has been revealed by sources that the Chinese have been quietly working on over 500 blockchain projects in so many different fields with as many use-case scenarios which can be deployed practically in every sense.Sources indicate that the Cyberspace Administration of China has been in charge of the filings for blockchain technology projects before...