China’s JD.com and Ant Group are urgent the central financial institution to allow yuan-based stablecoins to counter the rise of U.S. dollar-linked digital currencies, Reuters reported on Friday.They suggest launching stablecoins in Hong Kong backed by the offshore...
The worldwide unit of Alipay proprietor Ant Group plans to hunt stablecoin licenses in Hong Kong and Singapore, Bloomberg reported on Thursday.Ant Worldwide will apply for a stablecoin issuer's license as soon as the regulatory regime comes into...