Ant Group
Ant Group Confirms It Is Helping China With the Digital Yuan
Jack Ma's Ant Group confirmed that it has been working on the digital yuan project with China's central bank since at least last year, providing the People's Bank of China access to its database technology and payment tools. Nik De breaks it down. Plus, the House passes the first major crypto-specific legislation aimed at breaking down barriers to innovation.
Ant Group Shares Exclusive Database Tech to Grow China’s E-Yuan
Internet giant Ant Group, which owns mobile payment leader Alipay, says it will offer technical support to help China roll out its digital currency. JD.com, a leader in China’s e-commerce space, reveals that it’s started paying some employees with the DCEP.
Ant Group Has Been Working With China’s Central Bank on Its CBDC Since 2017: Report
The Alibaba-affiliated company disclosed the information over the weekend at the Digital China Summit in Fuzhou.
China Cracks Down on Jack Ma's Fintech Giant Ant Group: Why It Matters
Chinese billionaire Jack Ma's Ant Group will become a financial holding company subject to China's central bank's oversight following a recent antitrust case in China. "The Hash" panel discusses the global significance of these developments and reads between the lines about China's crackdown on fintech firms, Alipay and the digital yuan.
Ant Group to Become Financial Holding Company as Part of Alibaba Settlement: Report
The terms of the restructuring are expected to curb the Alibaba affiliate's profitability and valuation.
Ant Group Leads China-Dominated 2020 List of Blockchain Patent Holders
The only non-Chinese firm in the rankings, IBM, came fourth in terms of number of patents.
Tencent and Ant Group-Backed Banks to Join China's Digital Yuan Trial: Report
The two commercial banks join the six state-owned banks already participating in the CBDC trial.
Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report
Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.
Jack Ma’s Ant Group, 3 Other Digital Banks Get OK to Operate in Singapore
The approved digital banks will be able to start operating from Singapore in early 2022.
Shanghai, Hong Kong Stock Exchanges Pause Ant Group IPO Over Regulatory Concerns
Ant Group's IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China's regulatory environment for fintech firms.
