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Chinese payment giant Alipay has denied supporting cryptocurrency transactions, stating that claims of purchasing cryptocurrencies through third-party platforms are false and unauthorized.
Chinese payment giant Alipay stated that it does not support cryptocurrency transactions or related services, adding that claims of Alipay supporting cryptocurrency purchases through third-party platforms are false and unauthorized. This follows an announcement by P2P trading platform Peer that it was testing support for buying and selling USDC with CNY via Alipay. Alipay also warned users to exercise caution to protect their funds and account security.
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