TechFlow news, April 22 — According to reports by China Business News, Dr. Shen Jianguang, Vice President and Chief Economist of JD Group, said in an exclusive interview with China Business News in Hong Kong that JD has now entered the stablecoin issuance "sandbox" testing phase in Hong Kong. The formulation of Hong Kong's stablecoin-related legislation is still underway, and no specific provisions have been established yet. It is expected that after the approval of Hong Kong's Draft Stablecoin Ordinance, the Hong Kong Monetary Authority will be able to officially issue detailed implementation rules for stablecoins based on it.
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