October 19, 2025

Alibaba-backed Ant Group and JD.com freeze stablecoin plans after Beijing intervenes: FT

Key TakeawaysAlibaba’s Ant Group and JD.com have stopped their stablecoin projects due to instructions from Beijing.These projects focused on yuan-based digital assets developed by major technology firms in China.Chinese tech giants, including Alibaba’s …

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright ©CashBot.Club All rights reserved. | Newsphere by AF themes.