China’s Ant, JD.com Hit Pause on Hong Kong Stablecoin Plans After Beijing Warning

  • Posted on October 20, 2025
  • By Yahoo News
  • 1 Views
China’s Ant, JD.com Hit Pause on Hong Kong Stablecoin Plans After Beijing Warning

Two of China’s major technology players, Ant Group and JD.com, have put their ambitions to issue stablecoins in Hong Kong on hold, following clear signals from Beijing that such private-sector currency issuance may be off-limits for now.Over the summer, both companies had shown interest in joining Hong Kong’s new pilot ...
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