China Bans Unapproved Yuan Stablecoins
China has banned unapproved offshore yuan-pegged stablecoins to stop crypto-based capital flight and financial crime. The People’s Bank of China...
China has banned unapproved offshore yuan-pegged stablecoins to stop crypto-based capital flight and financial crime. The People’s Bank of China...
Beijing has moved to prohibit the unapproved overseas issuance of yuan-linked stablecoins, reinforcing its hardline stance on crypto assets. According...