Category: China

Shanghai Man: Crypto media closes, bad news just repeats, mining laws are beneficial?

Shanghai Man: Crypto media closes, bad news just repeats, mining laws are beneficial?

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. It has now been two months since the crypto crackdown and subsequent enforcement began. Most new stories are now just the trickling down […]

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China’s central bank worried about stablecoins’ risk to financial systems

China’s central bank worried about stablecoins’ risk to financial systems

While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems. 544 Total views 4 Total shares The Chinese central bank is “quite worried” about the global financial risks associated with digital currencies, particularly stablecoins, according to a senior official. Fan […]

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