News Snapshot:
WeChat, China’s largest messaging app which is owned by Tencent, and also the Asian country’s largest payment service is starting to accept China’s sovereign digital currency very soon. Since 2014, China has been working on the digital Yuan. The country’s officials have finally decided to start implementing the cryptocurrency in WeChat. The social messaging platform has over 1 billion users and people might soon start using it for payments within the app. Although WeChat isn’t popular outside of China, the social messaging platform is the largest in the country. People there describe WeChat as the “super app” since several services...
