JD.com participates in the Hong Kong Monetary Authority Regulatory Sandbox
According to a report by the South China Morning Post, JD CoinChain Technology, a subsidiary of JD.com, has entered the Regulatory Sandbox of the Hong Kong Monetary Authority to test a stablecoin pegged to the Hong Kong dollar and the US dollar. AInvest's data from June also shows that JD.com is evaluating the issuance of an offshore renminbi stablecoin to promote the internationalization of the renminbi.
In addition, JD.com has also partnered with Xiaomi's Tianxing Bank and other partners to jointly create a settlement
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