Alibaba’s Alipay & Taobao Platform to Launch Digital Yuan Pay Functions

An affiliate of the Chinese tech giant Alibaba has claimed that it will allow customers to pay with the digital yuan on its Taobao e-commerce platform, in addition to the market-leading Alipay e-payments platform. Per Sina Technology, the announcement was made by Li Chen, Chief Compliance Officer of the Ant Group – Alibaba’s fintech arm. Ant operates Alipay and Alibaba’s online banking arms. Li Chen was quoted as telling attendees at a digital trade forum in Zhejiang:... Read More: Alibaba’s Alipay & Taobao Platform to Launch Digital Yuan Pay Functions