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China’s JD.com is positioning itself as a pioneer in Hong Kong’s stablecoin market, registering entities ahead of new regulations. The e-commerce giant’s fintech arm is part of HKMA’s sandbox program for stablecoin issuers.
- JD.com registered Jcoin and Joycoin entities ahead of Hong Kong’s stablecoin regulations taking effect.
- The company’s fintech arm, JD Coinlink, is part of HKMA’s stablecoin sandbox program.
- Hong Kong’s stablecoin framework aims to position the region as a regulated crypto hub.
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Related Tags: Stablecoin