News Snapshot:
Smartphones with icons such as the social networking app WeChat displayed on the screen in Hong Kong and Hong Kong on June 29, 2018. S3studio | Getty Images News | Getty Images Owned by Tencent, China’s largest messaging app and one of the country’s largest payment services, WeChat will begin supporting the country’s sovereign digital currencies. China has been working on digital yuan since 2014 and has not yet expanded it nationwide. However, WeChat’s move to support digital currencies with more than a billion users could significantly boost digital currencies once people start paying in them. WeChat, which may not...
