CoinDesk Dec 5, 2025 at 6:15 AM By Thisanka Siripala
China has declared all crypto activity, including stablecoins, "illegal".
China’s central bank has shifted its attention from volatile crypto currencies like Bitcoin to stablecoins, warning that the tokens represent a deep threat to monetary sovereignty and financial order.
Regulation|Yuan
China has declared all crypto activity, including stablecoins, "illegal".
China’s central bank has shifted its attention from volatile crypto currencies like Bitcoin to stablecoins, warning that the tokens represent a deep threat to monetary sovereignty and financial order.
This article was automatically aggregated from CoinDesk. For the full original article, please visit the source.
Source: This article was aggregated from CoinDesk