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WeChat Updates Regulations for Virtual Currency and Digital Collections
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WeChat Updates Regulations for Virtual Currency and Digital Collections

Jun 22, 2022
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WeChat Updates Regulations for Virtual Currency and Digital Collections
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WeChat Updates Regulations for Virtual Currency and Digital Collections
(Source: Payments Journal)

Tencent‘s social networking software WeChat updated its operating regulations for official accounts on the platform on Monday. The regulations now address virtual currencies and digital collections.

According to the regulations, if an official WeChat account involves the issuance, transaction or financing related to virtual curr…

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