Former U.S. President Donald Trump will meet with Chinese President Xi Jinping at the upcoming APEC (Asia-Pacific Economic Cooperation) summit in South Korea on October 31st. This highly […]
Chinese Tech Giants Halt Hong Kong Stablecoin Plans
China’s move to halt planned stablecoin launches by tech giants like Ant Group and JD.com underscores the country’s cautious approach towards private digital currencies. Beijing authorities, including the […]
Ant Group & JD.com Halt Hong Kong Stablecoin Plans Amid Regulatory Pressure
Ant Group and JD.com have paused their Hong Kong stablecoin initiatives following pressure from the People’s Bank of China. This move signals a tightening grip on digital currency […]
China Maintains Loan Rates, Impacting Financial Markets
The People’s Bank of China (PBOC) has kept its one-year and five-year loan prime rates unchanged at 3.00% and 3.50%, respectively, on October 20, 2025. This decision impacts […]
Chinese Regulators Halt Ant Group and JD.com’s Stablecoin Plans
Chinese regulators have dealt a blow to the plans of tech giants Ant Group and JD.com to launch stablecoins in Hong Kong, marking yet another instance of Beijing’s […]
Beijing Halts Chinese Tech Giants’ Stablecoin Plans in Hong Kong
China’s regulatory arm has abruptly halted plans for major tech companies in Hong Kong to issue stablecoins, signaling a move aimed at curbing competition with the government-backed digital […]
China’s Rare Earth Export Controls Threaten Dollar Dominance
Analyst Luke Gromen asserts that China’s recent export controls on rare earth minerals are a significant blow to the US dollar’s global hegemony. These controls, impacting critical components […]
China Halts Stablecoin Initiatives in Hong Kong: Impacting Fintech & e-CNY
China has taken a significant step in controlling the digital financial landscape by halting stablecoin projects by major tech firms in Hong Kong. This move, aimed at strengthening […]
China Merchants Bank Tokenizes $3.8 Billion Fund on BNB Chain
China Merchants Bank International has tokenized a $3.8 billion fund on BNB Chain, marking a significant step towards integrating real-world assets into the blockchain world. This initiative expands […]
China Bolsters Cross-Border RMB Payment System
The People’s Bank of China (PBOC) is actively enhancing its cross-border RMB payment system, aiming to improve efficiency and transparency for both domestic and international transactions. The initiative […]
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 […]
China Halts Major Chinese Tech Firms’ Stablecoin Initiatives in Hong Kong
The Chinese government has issued a directive to Ant Group and JD.com, prominent Chinese fintech companies, to halt their stablecoin projects in Hong Kong. This action follows guidelines […]
China Halts Stablecoin Projects After Regulatory Warning
Leading Chinese tech companies have paused their plans for stablecoins after Beijing intervened, raising concerns about private issuance of digital currencies. Ant Group, backed by Alibaba, and JD.com, […]
Ant Group and JD.com Halt Hong Kong Stablecoin Plans
Chinese regulators have issued a directive to Ant Group and JD.com, prompting them to halt their stablecoin initiatives in Hong Kong. This decision reflects ongoing concerns about financial […]
China Halts Stablecoin Plans for Ant Group and JD.com
Chinese tech giants Ant Group and JD.com have suspended plans to launch stablecoins in Hong Kong after regulators raised concerns about privately-issued digital currencies. The People’s Bank of […]