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JD Responds to Rumors of "Exiting the Stablecoin Business": Rumor is False, Currently Preparing to Apply for License

By: theblockbeats.news|2025/08/05 15:32:11

BlockBeats News, August 5th: There are market rumors that JD.com and others may withdraw from the Hong Kong stablecoin business. In response, JD's subsidiary JD Chain stated that it has noticed the unfounded reports and rumors in the market. JD Chain hereby responds that it is preparing for the application of a Hong Kong stablecoin license. (Golden Finance)

A Whale Increases Ethereum Short Position Once Again to 57,000 ETH, Liquidation Price at $3,727

Michigan Pension Fund Increases Exposure to Ark Bitcoin ETF in Q2, Holding Valued at Around $10.7 Million