🔥 China wants to tighten control over stablecoins



The People's Bank of China has called for increased regulation of stablecoins due to their growing role in cross-border transactions.

📊 Previously, China had already banned unauthorized issuance of stablecoins and tokenized assets linked to the yuan.
$SPCX $XAUUSD $USDC
SPCX-7.27%
XAUUSD0.25%
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