Alibaba weighs deposit token as China clamps down on stablecoins: Report
Alibaba’s global e-commerce arm is reportedly developing a bank-backed deposit token for cross-border payments as Beijing tightens its crackdown on stablecoins.
Alibaba’s global e-commerce arm is reportedly developing a bank-backed deposit token for cross-border payments as Beijing tightens its crackdown on stablecoins.
Original source
Read on CointelegraphRelated market context
South Korea finance ministry says tokenized stocks are securities, not crypto assets, opening door to taxes: report
South Korea’s finance ministry said tokenized stocks are securities, opening potential taxation as early as H2 2026 if regulators...
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...
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...
Citi launches blockchain marketplace for private companies shares: Report
The US banking giant's blockchain marketplace will offer tokenized depositary receipts of private company shares amid Wall Street'...
Jason Yanowitz: Transparency and trust are vital for crypto growth, tokenization is reshaping financial markets, and regulation is necessary for industry maturity | Bell Curve
Tokenizing assets could revolutionize financial markets by bringing infrastructure on-chain and enhancing transparency. The post J...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...