At the Financial Street Forum in Beijing, PBoC Governor Pan Gongsheng emphasized the risks posed by stablecoins, highlighting concerns about their impact on financial security and monetary sovereignty. […]
China Raises Concerns Over Unauthorized AI App User Data Collection
China has issued warnings regarding unauthorized data collection practices by certain AI applications. The concerns stem from a regulatory investigation that revealed potential violations of privacy and user […]
China Unveils New Cryptocurrency Rules for 2024
China’s regulatory landscape for digital assets is evolving as the nation released new cryptocurrency regulations effective January 2024. These rules aim to bolster oversight and shape market operations, […]