China Bars Unapproved Issuance of Yuan-Linked Stablecoins Abroad

China Bars Unapproved Issuance of Yuan-Linked Stablecoins Abroad



China Bars Unapproved Issuance of Yuan-Linked Stablecoins Abroad
China has tightened curbs on cryptocurrencies and tokenized real-world assets, barring domestic entities from issuing digital tokens overseas without approval and banning the offshore issuance of yuan-linked stablecoins.


www.bloomberg.com
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