Is China backing out of its stablecoin push? Regulators reportedly move to cool market frenzy

Chinese regulators are reportedly clamping down on the growing hype around stablecoins, ordering firms to stop promotions around the subject. According to an August 8 Bloomberg report, financial regulators in China have instructed companies to cancel seminars and halt all…

Is China backing out of its stablecoin push? Regulators reportedly move to cool market frenzy
Chinese regulators are reportedly clamping down on the growing hype around stablecoins, ordering firms to stop promotions around the subject. According to an August 8 Bloomberg report, financial regulators in China have instructed companies to cancel seminars and halt all…