Ant and JD Pause Hong Kong Stablecoins: Beijing Pulls the Plug
Beijing Pulls the Plug: Ant and JD Halt Hong Kong Stablecoins In a move that reverberates across the financial and cryptocurrency sectors, Chinese tech giants Ant Group and JD.com have suspended their stablecoin projects in Hong Kong. This decision follows close governmental scrutiny and reflects Beijing’s continuing conservative stance on digital currencies that compete with […]
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