Chinese tech giants JD[dot]com and Alibaba affiliate Ant Group are pressuring the People’s Bank of China to authorize yuan-based stablecoins.
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Chinese Tech Giants Alibaba and JD.com Urge Central Bank Approval for Yuan-Based Stablecoins
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Ant Group, an affiliate of Alibaba, is a Chinese tech giant.
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JD.com and Ant Group are pressuring the People’s Bank of China (PBOC) to allow yuan-based stablecoins.
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