ALIPAY DENIES SUPPORTING CRYPTO AFTER PEER'S YUAN-TO-$USDC BETA Alipay called claims it enables crypto purchases “false and unauthorized.” Peer still lists Alipay as a payment method but says there is no official partnership. Read more here:

Exclusive: Alipay+'s proposal to link with India's instant payments system for cross-border transactions has been stalled due to national security concerns in New Delhi and questions about the storage and use of customer data

THE BLOCK: Alipay denied supporting crypto trading after the Peer protocol announced a beta integration designed to let users buy and sell USDC via CNY transfers on the app. The Chinese payments giant said claims that Alipay enables crypto purchases on third-party platforms are "false and unauthorized," and warned users to protect their funds and account safety.

PEER LAUNCHES BETA TO BUY $USDC WITH YUAN VIA ALIPAY Buyers pay individual sellers; escrow on @base releases tokens after payment verification. Peer says it has no official Alipay partnership; China's crypto restrictions still apply. Read more here:

Ant Group has rolled out a new Know Your Agent trust infrastructure for Alipay as the tech industry races to solve the security and liability hurdles slowing the commercial adoption of AI-driven payments

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