Chinese conglomerate Tencent may be banned from taking payments in USA

U.S. EXPLORES RESTRICTING ANT GROUP, TENCENT PAYMENT SYSTEMS

www.bloomberg.com/news/articles/2020-10-07/u-s-explores-restrictions-on-ant-group-tencent-payment-systems

One option is putting Ant Group and Tencent on the Treasury Department’s specially designated national list, a move that would make them all but radioactive for any U.S. company — and possibly overseas firms — to do business with them.

 

 

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