INSUBCONTINENT EXCLUSIVE:
Chinese e-commerce giant JD.com is stepping into the stablecoin arena, with founder Liu Qiangdong revealing plans for a global licensing
push aimed at cross-border payments.The announcement, made during a media briefing in Beijing on Tuesday, came as the US Senate passed the
Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, a landmark bill establishing federal guardrails for
CointelegraphRelated: Malaysia launches Digital Asset Hub to test stablecoin, programmable moneyJD.com stablecoin plans to expand to
sticking to its supply chain-focused business model
the country accelerates efforts to internationalize the digital yuan and reduce global reliance on the US dollar.In 2021, JD.com started
sector comes amid rising interest in stablecoin infrastructure globally, with new regulatory reforms.On Tuesday, the Senate passed the
up for debate and a full floor vote
The bill may still face hurdles in the Republican-held House.Last week, stablecoin issuer Circle CEO Jeremy Allaire suggested that the
everything for a crypto-funded retirement