China pays closer attention to stablecoins as cross-border role expands
A senior PBOC official called for closer monitoring, stronger regulation and international coordination as stablecoins gain importance in global payments.
Crypto News·
The People’s Bank of China said stablecoins could play a larger role in cross-border payments and called for closer monitoring of their impact on the international monetary system and global payment networks. According to remarks delivered by Wang Xin, director-general…
Read full articleA senior PBOC official called for closer monitoring, stronger regulation and international coordination as stablecoins gain importance in global payments.
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