Category Ant Group

A Shanghai regulator reportedly held a rare meeting on stablecoins and cryptocurrencies. This comes in when the crypto market is printing green ind...

The move is part of Ant's broader effort to build a platform that supports various forms of digital currencies, including tokenized assets.

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role

JD.com and Ant want to establish stablecoins in Hong Kong that are pegged to China’s offshore yuan.

Jack Ma–backed Ant Group is said to be pursuing stablecoin licenses across multiple jurisdictions, including Singapore, according to a recent repor...