JD.com Prepares to Launch Stablecoins in Hong Kong, Register Jcoin and Joycoin!

Updated
July 31, 2025
Gambar JD.com Prepares to Launch Stablecoins in Hong Kong, Register Jcoin and Joycoin!

Jakarta, Pintu News – Chinese e-commerce giant JD.com, through its subsidiary JD Coinlink Technology, has registered two stablecoin-related trademarks, Jcoin and Joycoin, in Hong Kong.

This move is in preparation for complying with the stablecoin license regulations that will be enforced in Hong Kong from August 1, 2025.

With this strategy, JD.com is positioning itself as one of the first major tech companies to prepare for the new regulatory framework from the Hong Kong Monetary Authority (HKMA).

Check out the full information in this article!

JD Coinlink Technology, which is a subsidiary of JD.com that focuses on blockchain and digital currency, plans to launch the ā€œJingdong stablecoinā€. This stablecoin will be backed by Hong Kong dollars and issued on public blockchain infrastructure.

According to the company’s official website, the stablecoin will have 1:1 support with HKD reserves and is aimed at business and retail users. No stablecoins have been launched to date, and JD Coinlink reminds people to be wary of scams or projects on their behalf.

The company is also reportedly participating in the HKMA’s stablecoin sandbox program starting in March 2024, which allows selected companies to test digital currency issuance under regulatory supervision.

Also read: 4 Altcoins that Crypto Whale Bought Ahead of July FOMC Rate Announcement

Stablecoin License Policy in Hong Kong

The HKMA has published comprehensive stablecoin regulations on July 29, 2025, which require all stablecoin issuers operating in Hong Kong to be licensed.

The framework is designed to ensure compliance and security in stablecoin operations. Currently, there are no stablecoin issuers registered as licensees, but the HKMA expects that there will be initial approvals after the effective date of the regulation.

With this policy, the HKMA aims to create a safe and orderly environment for the growth of digital currencies, while providing strong protection for users and investors.

Also read: 3 Crypto that can surpass the rise of Ethereum (ETH), potentially up 15,000%!

China’s Tech Industry Interest

JD.com is not the only company preparing a stablecoin application in Hong Kong. Other major companies such as Standard Chartered Hong Kong, Animoca Brands, RD InnoTech, and Hong Kong Telecommunications are also reportedly preparing their applications.

Early trademark registrations by Chinese tech companies indicate that they see Hong Kong’s regulatory framework as an opportunity for compliant digital asset expansion in Asian markets.

The integration of stablecoins into JD.com’s e-commerce platform, which processes over $149 billion in transactions by 2024, has significant potential for cross-border payments and supply chain financing.

Conclusion

With the registration of Jcoin and Joycoin, JD.com is placing itself at the forefront of digital finance innovation in Asia. These two trademarks will presumably differentiate stablecoin products aimed at businesses and consumers, although the specific uses of each are still unconfirmed.

As the license date approaches, the world will witness how JD.com will implement this technology in its e-commerce and logistics ecosystem.

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