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.
Source: Chinese tech giants halt Hong Kong stablecoin plans amid Beijing concerns: FT (https://cointelegraph.com/news/china-tech-giants-halt-hong-kong-stablecoin-plans?utm_source=rss_feed&utm_medium=rss%3F_q%3D1760968013797%26ttt%3D1760968013797%26_rnd%3Dinhd7c%26_t%3D1760968013797&utm_campaign=rss_partner_inbound)