Tencent to Build Virtual Bank After Hong Kong Regulator Approves License

Chinese internet giant Tencent is set to open a blockchain-based virtual bank after the Hong Kong Securities and Futures Commission…

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Tencent to Lead Drafting of International Blockchain-Based Invoice Standards

WeChat parent company and Chinese internet giant Tencent has received the green light to draft blockchain-based invoice standards from China’s…

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Tencent Admits Facebook’s Libra Is a Threat to WeChat Pay

Facebook’s Libra stablecoin would be a serious threat to WeChat Pay, the payment service’s parent company Tencent admitted in a…

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Tencent Says Libra Would Pose Serious Threat to Alipay, WeChat Pay

Tencent, the Chinese internet giant and parent of messaging app WeChat, said the proposed launch of Facebook’s Libra cryptocurrency would…

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Kik Messenger Saved From the Verge of Shutdown

On Oct. 13, Canadian social media and messaging app Kik revealed it’s “here to stay.” This was an apparent reversal…

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Tencent, Fidelity Back $20 Million Round for Blockchain Firm Everledger

Blockchain provenance startup Everledger has raised $20 million in a Series A round led by internet giant Tencent. In an…

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Largest Tencent Shareholder Leads $15M Round in Blockchain Game Developer

Naspers, the largest shareholder of Chinese Internet giant Tencent, participated in a $15 million investment in blockchain game developer Immutable. …

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