Sources: Chinese companies including Ant Group and JD.com pause plans to issue stablecoins in Hong Kong after instructions from regulators not to move ahead
Regulators raise concerns about the rise of privately controlled currencies — Chinese tech giants have paused plans …
India's RBI grants Paytm “in-principle” approval to operate as a payment services provider for online merchants, after China's Ant Group sold its entire stake
Jagmeet Singh / TechCrunch :
Asian financial hubs are updating their stablecoin rules and companies like JD.com and Ant Group plan to become issuers, after the US embraces USD stablecoins
Bloomberg :
Sources: Ant Group plans to exclude blockchain and other businesses from its financial-related unit that will be used for a Chinese financial holding license
Bloomberg :
China's central bank says Ant Group and 13 other firms “have basically completed business rectification” under financial regulators' guidance and supervision
Chinese financial technology giant Ant Group and 13 other platform companies “have basically completed business rectification” … Tweets: @briantycangco Tweets: Brian Tycangco / @briantycangco : Cap hi...
China's Ant Group says founder Jack Ma no longer controls the fintech giant after a series of shareholding adjustments that saw him give up most voting rights
China's Ant Group said on Saturday that its founder Jack Ma no longer controls the Chinese fintech giant after a series …
Sources: the People's Bank of China plans to fine Jack Ma's Ant Group more than $1B as soon as Q2 2023, potentially ending the company's two-year overhaul
Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six sources with direct knowledge of the matter …
By stepping away from Ant Group, Jack Ma escapes Beijing's scrutiny; Ma has been seen traveling Europe after disappearing from public view for almost two years
Bloomberg :
Sources: Jack Ma plans to relinquish control of Alibaba's Ant Group, potentially pushing back Ant's IPO for a year or more; regulators approve of the change
The shift, long under consideration to reduce governance risks, comes as the Chinese fintech giant seeks to move on from a tough year
Sources: Chinese regulators have begun early talks with Ant Group about reviving its IPO, a sign that China is dialing back its tech industry crackdown
Chinese financial regulators have started early stage discussions on a potential revival of Ant Group Co.'s initial public offering …