May 08, 2019 BY Valentina Kirilova

WeChat bans cryptocurrency trading – “not a bad thing”

The leading messaging app in China, WeChat, has banned all of its merchants from engaging in crypto-related transactions. WeChat, owned by giant Tencent, introduced the new ban on April 30th, 2019. The update to the Payment Service Protocol states that all merchants using the app’s services cannot be involved in any virtual currency trading transactions…

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