Caixin: Sources say JD.com has not withdrawn its application for a stablecoin license

According to Caixin, on February 2, 2026, after a meeting of the Financial Affairs Committee, the President of the Hong Kong Monetary Authority, Eddie Yue, stated that a total of 36 institutions have submitted applications for stablecoin licenses, including banks, technology companies, brokerages, asset management companies, investment firms, e-commerce, payment institutions, and startup/web3 companies. Among them, Standard Chartered Bank (Hong Kong) is highly anticipated as it is one of the three major note-issuing banks in Hong Kong.

Additionally, two sources indicated that JD Technology (Hong Kong), which was previously reported to have withdrawn from the competition for the first batch of stablecoin licenses, has not actually withdrawn its application for a stablecoin license. JD Technology (Hong Kong) is also one of the three main experimental entities in the stablecoin testing sandbox.