🛑 WeChat, Alipay to block crypto transactions on payment platforms
WeChat and Alipay have said that they will work with the government agencies closely to monitor cryptocurrency transactions. WeChat's parent company, Tencent has said that it will prohibit users from using WeChat payments to make any crypto transactions. Similarly, Ant Financial, which owns Alipay, said that depending on the situation, it will restrict or permanently ban personal Alipay accounts that are involved in crypto transactions.
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