The Manila Times on MSN

Hong Kong crypto stocks slide after China flags stablecoin crackdown

Hong Kong-listed stocks with cryptocurrency-related businesses tumbled on Monday after China’s central bank vowed to crack ...

Beijing’s crypto warning casts shadow over Hong Kong’s stablecoin ambitions

Hong Kong’s pioneering stablecoin rules have attracted 30 applicants – will Beijing’s latest warning force the city to ...
CCN on MSN

Hong Kong’s Stablecoin Momentum Takes a Hit as China’s Anti-Crypto Hammer Falls Again

The People’s Bank of China has said that it considers stablecoins illegal under China's crypto ban. The latest crackdown ...

Why Did China Take a Hardline Stance on Stablecoins, Declaring Them Illegal, While the U.S. and Europe Opted for Regulation? | Opinion

When it comes to virtual currencies, especially stablecoins, China and Western countries have taken completely different ...
CoinDesk

China To Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report

Virtual currencies are not legally recognized as fiat money in China and related activities are deemed illegal financial ...
Free Malaysia Today on MSN

Hong Kong’s stablecoin stocks slump after PBOC vows cryptocurrency crackdown

The People's Bank of China highlighted concerns about stablecoins, saying they failed to meet requirements for customer ...