China will keep a tight grip on crypto and stablecoins while maintaining scrutiny of overseas digital asset developments, as Asian neighbors launch regulated stablecoins, a representative from the People’s Bank of China said Monday. PBC Governor Pan Gongsheng said during a conference in Beijing that the central bank will continue clamping down on domestic crypto operations and speculation, saying "the policies and measures rolled out by PBOC to combat cryptocurrency-related risks are still effective." Th ...

Ant Group, China’s largest internet finance company, has applied to register several trademarks related to virtual assets and blockchain technology in Hong Kong, including one for “ANTCOIN.” The tech giant filed applications with Hong Kong’s Intellectual Property Department covering digital wallets, stablecoins, and online payments, according to a Monday report from Hong Kong Economic Times citing public filings. The ANTCOIN application was submitted in June and remains pending before the registry. The ...

Ant Group, the fintech powerhouse behind Alipay, has filed trademarks in Hong Kong this year for virtual assets, stablecoins, and blockchain, including “ANTCOIN.” This, as many have speculated, is a signal to potential expansion into Web3 despite Beijing’s recent regulatory warnings that forced the company to pause its stablecoin issuance plans. The trademark applications come as Chinese technology firms race to secure intellectual property in the digital asset space, even with tightening regulatory over ...

Ant Group, China’s largest internet finance company, is reportedly laying the groundwork for a return to digital assets. The tech giant has applied in Hong Kong to register a series of trademarks related to virtual assets, stablecoins, and blockchain technologies, including one for “ANTCOIN,” according to a Monday report from Hong Kong Economic Times, citing public filings. In one application filed with Hong Kong’s Intellectual Property Department in June, found and seen by Decrypt, a broad scope of fina ...