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by: xpoolPosted on: October 19, 2025

China’s Tech Giants Halt Stablecoin Plans in Response to Regulatory Push

Chinese tech giants are holding back plans for issuing stablecoins in Hong Kong after receiving instructions from Beijing. Ant Group and JD.com, two of the companies that initially expressed interest in joining the market, have paused their efforts due to China’s regulatory crackdown. Beijing seeks clarity on ownership rights concerning these digital assets.

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  1. China Easing Cryptocurrency Restrictions: Yuan-Backed Stablecoins on the Horizon
  2. China Plots Yuan-Backed Stablecoin to Counter Dollar Dominance
  3. China Exploring Yuan-Backed Stablecoins: Major Shift in Crypto Policy
  4. China Considers Stablecoins: Potential Policy Shift Sparks Market Fears
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