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Binance to support WeChat and Alipay for buying bitcoin in China
Cryptocurrency exchange Binance is set to add two more channels to its fiat gateway - WeChat and Alipay, allowing users in China to buy bitcoin (BTC) with the two payment options. Binance CEO Changpeng Zhao “CZ” confirmed the move on Twitter on Wednesday. People familiar with the matter told The Block that the initiative is currently in a testing phase for Android users and will eventually be fully rolled out on iOS and Web. Cryptocurrency exchanges have officially been banned in China by the country's central bank, the People's Bank of China (PBoC), since late 2017. However, Chinese citizens can still buy ... (full story)