China’s central bank is watching stablecoins closely, and the subtext is simple: these things may be useful for cross-border payments, but Beijing wants them boxed in, monitored, and never allowed to outrun the state. Stablecoins may become more important in cross-border payments China wants tighter monitoring, not freer crypto markets Hong Kong is licensing stablecoin […]
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China Slams the Iron Gate on Crypto: New Bans Target Offshore Issuers and Stablecoins China is dropping the hammer on cryptocurrencies with a ferocity that could rattle even the most hardened Bitcoin HODLers. The latest wave of restrictions not only doubles down on the country’s long-standing ban but also takes aim at domestic firms and […]
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China’s PBOC Rolls Out 2026 Action Plan for Digital Yuan: Innovation or Iron Grip? China’s central bank, the People’s Bank of China (PBOC), has dropped a significant update with its “Action Plan” for the digital yuan, also known as e-CNY, set to launch on January 1, 2026. This revamped framework aims to position the digital […]
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China’s PBOC Warns of Stablecoin Risks and Crypto Loopholes: What It Means for Bitcoin and Beyond China’s central bank, the People’s Bank of China (PBOC), has dropped a bombshell at the 2025 Financial Street Forum in Beijing on October 27, with Governor Pan Gongsheng issuing a stark warning about the systemic dangers of stablecoins and […]
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China’s Central Bank Slams Stablecoins as a ‘Threat,’ Vows Brutal Crackdown China’s unrelenting crusade against cryptocurrencies has sharpened its focus, with the People’s Bank of China (PBoC) branding stablecoins a direct menace to global financial stability. Speaking at the 2025 Financial Street Annual Meeting in Beijing, Governor Pan Gongsheng unleashed a blistering critique, accusing these […]
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China’s Central Bank Slams the Brakes on Yuan Decline Amid Dollar Surge: A Bitcoin Wake-Up Call? On July 31, 2025, the People’s Bank of China (PBOC) made a striking move to bolster the yuan, setting a daily reference rate at roughly 7.15 per U.S. dollar. This was a far stronger fix than market watchers expected, […]
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