Ant Group | Crypto

Ant Group has filed to trademark “Antcoin” in Hong Kong through a Cayman Islands subsidiary while Beijing intensifies its crypto crackdown. Ant Group, the financial technology giant backed by Alibaba, has registered a trademark for “Antcoin” in Hong Kong, signaling a renewed push into blockchain-based finance even as Chinese regulators step up pressure on crypto activity. According to a Monday report by the Hong Kong Economic Times, Ant Group is “expanding into the fintech arena.” The outlet cites documents showing that the company applied in Hong Kong to register a series of trademarks related to virtual assets, stablecoins and blockchain. Trademark filings show “Antcoin” was registered on June 18, listing digital currency and blockchain services among its business categories. Domain dispute documents confirm the applicant is a subsidiary of Ant Group Co., establishing a direct link to the fintech powerhouse. Read more

Ant Group's Topnod has launched a digital art exhibition that pairs presale with public sales, letting creators gauge demand while offering 8–28 yuan blockchain-verified works. Backed by Alibaba’s ecosystem, Topnod plans to direct traffic and fan-management tools to participating artists. The post Ant Group’s Topnod Launches 1–4 USD Blockchain Art; 4,088 Pieces Gone in 3 Hours appeared first on Cryptonews.

JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens. China’s e-commerce heavyweight JD.com and Ant Group, the fintech arm of Alibaba, are lobbying the People’s Bank of China (PBOC) to greenlight Chinese yuan-based stablecoins to counter the global rise of US dollar-pegged tokens. The two firms urged regulators to allow stablecoins backed by offshore yuan (Chinese yuan that circulates outside mainland China) to launch in Hong Kong, arguing it would strengthen the yuan’s role in global trade while limiting the dollar’s influence, Reuters reported Thursday, citing sources familiar with the matter. Per the report, during recent private meetings with the PBOC, JD.com executives argued that yuan stablecoins are urgently needed to promote the currency’s international use. Read more