Mainland officials have paused efforts from two top tech companies to establish stablecoin businesses in Hong Kong.
Story Tags
Decrypt
Latest news and analysis from Decrypt
Related Articles
China Halts Ant Group and JD.com Stablecoin Plans in Hong Kong
China has paused stablecoin initiatives in Hong Kong by major tech firms Ant Group and JD.com to reinforce state control over monetary policy, prioritizing the e-CNY and preventing private currency...
1 min
Bitcoin Signals Potential Bottom After Crash, Eyes Shift from Gold as Safe Haven
Bitcoin is showing early signs of a market bottom following recent capitulation, with the Taker Buy Ratio hitting multi-year lows around 0.47 and extreme fear levels signaling potential reversal. Inve...
1 min
Dogecoin Steadies at $0.19 After Elon Musk Tweet, Traders Eye $0.20 Breakout Potential
Dogecoin price holds steady near $0.19 amid renewed interest from Elon Musk’s recent tweet on X, boosting trader sentiment. Key resistance levels at $0.20 and $0.23 are under watch for...
1 min