Crypto Times Editorial Department
Crypto Times editorial department.
Yesterday, Binance CEO CZ announced that it will offer P2P trading services to China. After the announcement, CZ said that P2P transactions with AliPay and WeChat are not officially supported, but can be used.
However, Alipay's official Twitter denies the CZ tweets.
There're several reports about @Alipay being used for bitcoin transactions. To reiterate, Alipay closely monitors over-the-counter transactions to identify irregular behavior and ensure compliance with relevant regulations. [cont’d…]
— Alipay (@Alipay) October 10, 2019
Originally, OTC transactions on Alipay and WeChatPay were not allowed in China, and reports such as WeChat account suspension and Alipay suspension have been seen in the past.
The same thing is written in the tweet sent by Alipay this time, related to Bitcoin or other cryptocurrency If there are transactions that are identified as being, we will suspend services related to Alipay.
Currently, CZ and Binance have not made any mention of these contents. It seems that we know that it is negative for virtual currencies such as. The Alipay and WeChat Pay support for Binance is also drawing attention as to what kind of scenario they are going to draw.
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Author: Crypto Times Editorial Department – Source Post: http://corneey.com/w46 Mca
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