China Tightens Grip on Stablecoins and Asset Tokenization in Expanded Crypto Clampdown
Chinese regulators have widened their long-standing crackdown on cryptocurrencies, extending strict controls to stablecoins and the tokenization of real-world assets as part of a renewed push to protect monetary sovereignty and financial stability. In a joint notice released late Friday, eight national authorities including the People’s Bank of China and the China Securities Regulatory Commission […]
