JD: "The rumor of 'withdrawing from the stablecoin business' is false, and we are preparing to apply for a license."

Aug 5, 2025 23:01:06

according to Jin10 reports, market rumors suggest that JD.com and others may withdraw from the Hong Kong stablecoin business. In response, JD Coin Chain, a subsidiary of JD.com, stated that it has noticed the false reports and rumors in the market, and JD Coin Chain hereby responds that it is preparing for the application of a Hong Kong stablecoin license.

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