Crypto/Blockchain China signals tougher enforcement on stablecoins and crypto operations The central bank raised concerns about stablecoins, noting they fail to meet rules for customer identification and anti-money-laundering safeguards Joseph Morton4 hours ago
Crypto/Blockchain China pushes for the digital yuan as part of new global currency system China is accelerating its efforts to build financial systems that operate independently of Western institutions. Joseph MortonJune 19, 2025