OTC trade of Alipay App monitored

OTC trade of Alipay App monitored

The Ant Financial’s peer-to-peer crypto trading with Alipay mobile application is being scrutinized by the Chinese regulators. A spokesperson from Ant Financial claimed, “Alipay adheres to the principle of not providing services for virtual currency transactions.” The over-the-counter trading is being observed. However, the company has not revealed findings in connection with crypto trading.

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