Chinese tech giants halt Hong Kong stablecoin plans amid Beijing concerns: FT
Ant Group and JD.com have paused their stablecoin initiatives in Hong Kong after Beijing regulators raised concerns over private firms issuing digital currencies.
Ant Group and JD.com have paused their stablecoin initiatives in Hong Kong after Beijing regulators raised concerns over private firms issuing digital currencies.
Original source
Read on CointelegraphRelated market context
Community bank group launches ad campaign warning of stablecoin risks
The campaign highlights potential regulatory shifts that could reshape the competitive landscape between traditional banks and dig...
Liberland fires tech sec for seizing blockchain and blocking president’s vote
Justin Sun’s made-up micronation Liberland has fired its secretary of technology after he allegedly blocked President Vít Jedlička...
Citigroup Launches Tokenized Private Share Trading for Wealthy Global Clients
Citigroup is creating a blockchain-based service that lets wealthy and institutional clients trade exposure to private companies t...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
SpaceX joins wave of mega fundraises that could reshape tech and crypto markets
The mega fundraises could shift capital from crypto to tech IPOs, impacting liquidity and setting new precedents for corporate cry...