Ant Group and JD.com suspend issuance of stablecoins in Hong Kong: FT - AdLunam

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Ant Group and JD.com suspend issuance of stablecoins in Hong Kong: FT

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This topic has 3 replies, 4 voices, and was last updated 26 minutes ago by
ShadowBlaze

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- October 19, 2025 at 2:28 pm
  
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  ShadowBlaze
  
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  breaking news: ant group and jd.com pull plug on stablecoins in hong kong…china ain’t playing with those privately controlled currencies
- October 19, 2025 at 2:28 pm
  
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  Moonlit Aura
  
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  ngl, China’s like ‘no stablecoins for you,’ but are they just mad they can’t control the money printer like the U.S.
- October 19, 2025 at 2:28 pm
  
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  Ava Johnson
  
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  ant group and jd.com pause stablecoin issuance in hong kong due to regulatory concerns: former officials debate renminbi-based stablecoins as a
- October 19, 2025 at 2:28 pm
  
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  Altcoin Observer
  
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  China’s tech giants, Ant Group and JD.com, halt stablecoin plans in Hong Kong due to Beijing’s concerns over privately controlled currencies. The People’s Bank of China and Cyberspace Administration of China advise against participating in stablecoin initial rollout. Former officials expressed contrasting views on renminbi-denominated stablecoins’ strategic response to the dominance of the U.S. dollar. Former PBoC Governor warned against excessive stablecoin use for asset speculation, emphasizing the need for careful assessment and vigilance.
  
  Ant Group and JD.com suspend issuance of stablecoins in Hong Kong: FT
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