China Bans Stablecoin Promotions Amid Fraud Fears
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Chinese financial regulators have instructed local brokerages and research organizations to halt the promotion of stablecoins. They were told to stop publishing studies and cancel seminars on stablecoins due to concerns over fraud and speculative risks. This move aims to prevent a rush of uninformed investors into the asset class. Despite China’s crypto ban, digital asset trading remains active. The clampdown shows Beijing’s cautious approach while continuing to control crypto development on its terms.
XRP ETF Approval Odds Rise To 88% Amid Ripple Lawsuit Win
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Here’s What Would Happen If Pi Network Launched at $500 Per Coin
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Vitalik Buterin Says Visa Started Like a DAO, Now Seen as Centralized
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