China’s Hong Kong Stablecoin Ban Fuels Interest in Decentralized Web3 Projects Like SUBBD Token
The post China’s Hong Kong Stablecoin Ban Fuels Interest in Decentralized Web3 Projects Like SUBBD Token appeared on BitcoinEthereumNews.com.
As China tightens its grip on digital currencies, the global crypto scene is shifting again. KEY POINTS:➡️ China halts Hong Kong stablecoin plans, tightening control over private digital assets.➡️ SUBBD Token ($SUBBD) emerges as an AI-powered, decentralized Web3 platform for creators.➡️ With $1.2M raised in presale, $SUBBD bridges the booming crypto and AI sectors. Beijing has reportedly ordered Ant Group and JD.com to halt their Hong Kong stablecoin plans after regulators raised alarms over the growing influence of privately controlled digital assets. The People’s Bank of China (PBoC) and the Cyberspace Administration of China (CAC) warned that private stablecoins could undermine the state-backed digital yuan (e-CNY) and threaten government control over monetary policy. Hong Kong had hoped to become a hub for digital finance, with the Hong Kong Monetary Authority (HKMA) inviting firms to pilot stablecoins and tokenized products. But Beijing’s intervention quickly froze those ambitions. For many crypto builders, this new clampdown only reinforces why decentralization matters. Each time a government tightens control, the demand for open, borderless innovation grows stronger. One of the projects riding that wave is SUBBD Token ($SUBBD). What Is SUBBD Token ($SUBBD)? SUBBD Token ($SUBBD) isn’t just another crypto project – it’s the first AI-powered content creation and premium subscription platform built for the Web3 era. Imagine Patreon meets ChatGPT, but on the blockchain. The SUBBD platform gives creators total ownership of their content while using AI to make their work faster, smarter, and more profitable. SUBBD lets fans directly support creators through tokenized subscriptions using $SUBBD, with no banks or middlemen. Payments are instant, low-fee, and transparent. Creators can choose to get paid in crypto or fiat, while fans can tip or subscribe in real time. The platform already boasts a combined audience of over 250M followers across the SUBBD brand, Honny ecosystem,…
Filed under: News - @ October 19, 2025 3:16 pm