Chinese Central Bank Warns Of Crypto Loopholes: Here's Why
China’s central bank escalated its warning on stablecoins and reiterated a hard line against domestic crypto activity on Monday, with Governor Pan Gongsheng arguing that the rise of privately issue...
Source: Bitcoinist.com
China’s central bank escalated its warning on stablecoins and reiterated a hard line against domestic crypto activity on Monday, with Governor Pan Gongsheng arguing that the rise of privately issued “virtual currencies”—particularly stablecoins—exposes gaps in global financial oversight and increases systemic fragility. Speaking at the opening of the 2025 Financial Street Forum in Beijing on […]