China has taken a hard stance on cryptocurrencies, declaring they cannot function as legal tender within its borders. The People’s Bank of China (PBOC) has emphasized that virtual […]
China Bolsters Virtual Currency Regulation with Systemic Governance
China’s approach to virtual currency regulation has undergone a significant transformation. The People’s Bank of China (PBOC) collaborated with 13 government departments to establish systemic governance for digital […]
China Tightens Crypto Controls: New Measures Aim to Curb Financial Risks
China has implemented a comprehensive ban on cryptocurrency activities, set to take effect from June 1, 2025. The country’s central bank and state council are enforcing this ban […]
China Reinforces Crypto Regulations: Stablecoins Face Scrutiny
China’s central bank (PBOC) has reiterated its stance against cryptocurrencies, declaring that digital assets lack legal status comparable to fiat currency and are not considered legal tender. This […]
China Reasserts Crypto Ban Amid Resurfaced Speculation
China’s central bank has reignited its crackdown on crypto trading by highlighting the risks associated with stablecoins and reaffirming a ban in place since 2021. The People’s Bank […]
China Tightens Crypto Grip: PBOC Reiterates Ban and Focuses on Risk Mitigation
The People’s Bank of China (PBOC) has reinforced its stance against cryptocurrencies, including stablecoins, emphasizing their potential to disrupt financial stability. In a recent meeting with 12 regulatory […]
China Tightens Control on Stablecoins Amidst Cryptocurrency Ban
China has intensified its crackdown on virtual currencies, with a high-level meeting focusing specifically on stablecoin regulations. The People’s Bank of China (PBOC) and other related government agencies […]
China Enforces Strict Crypto Ban, Tightening Control over Stablecoin Activity
China has reinforced its stance on cryptocurrencies by prohibiting all trading and related activities. The People’s Bank of China (PBoC) announced a renewed ban, emphasizing stricter enforcement measures […]
China Tightens Crypto Grip: Stablecoins Targeted Amid Crackdown on Illegal Trading
China has reaffirmed its ban on cryptocurrency trading, focusing its efforts on stablecoins and curbing illegal activity. The People’s Bank of China (PBOC) outlined a significant regulatory enforcement […]
China’s Bitcoin Mining Returns: A Resurgence in a Shifting Landscape
After years of stringent regulation, China’s Bitcoin mining industry is witnessing a comeback. The 2021 crackdown resulted in a global decline in hashing power as miners relocated operations […]
China Tightens Stablecoin Rules Amidst Crackdown on Speculative Trading
China has taken a decisive step in regulating stablecoins, aiming to curb speculative trading activities. The People’s Bank of China (PBOC) issued guidelines that categorize stablecoins as high-risk […]
China Tightens Grip on Stablecoins, Shifting Focus to Hong Kong
China’s central bank has taken a decisive stance on stablecoins, outlining their classification as a virtual currency with elevated AML (Anti-Money Laundering) risks. The People’s Bank of China […]
China Outlines Hardline Stance on Crypto Markets: Stablecoins Targeted
In a decisive move, China has clarified its stance on cryptocurrencies, issuing a stark warning about the illegality of digital assets and highlighting stablecoins as a significant threat […]
China Tightens Control Over Crypto Market with Major Ban
China has taken a decisive step towards curbing its crypto market, intensifying its crackdown by prohibiting trading of virtual currencies. This move comes as the nation seeks to […]
China Tightens Grip on Digital Assets as Speculation Rises
China’s nationwide ban on digital assets remains in effect, but recent signs of renewed speculation have prompted intensified regulatory scrutiny. Authorities are focused on stablecoins and their connection […]