8 August 2025

Sources: China told local brokers and think tanks to stop promoting stablecoins by publishing research or holding seminars, aiming to prevent market instability (Bloomberg)

Bloomberg:
Sources: China told local brokers and think tanks to stop promoting stablecoins by publishing research or holding seminars, aiming to prevent market instability  —  China told local brokers and other bodies to stop publishing research or hold seminars to promote stablecoins, seeking to rein in the asset class to avoid instability.

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