coin-img-MONADMONAD-6.10%coin-img-IRYSIRYS+2.10%coin-img-ETHETH-0.85%coin-img-BTCBTC+0.15%coin-img-UCNUCN+0.50%coin-img-SOLSOL-0.64%coin-img-XRPXRP+1.47%coin-img-USDCUSDC-0.02%coin-img-MONADMONAD-6.10%coin-img-IRYSIRYS+2.10%coin-img-ETHETH-0.85%coin-img-BTCBTC+0.15%coin-img-UCNUCN+0.50%coin-img-SOLSOL-0.64%coin-img-XRPXRP+1.47%coin-img-USDCUSDC-0.02%coin-img-MONADMONAD-6.10%coin-img-IRYSIRYS+2.10%coin-img-ETHETH-0.85%coin-img-BTCBTC+0.15%coin-img-UCNUCN+0.50%coin-img-SOLSOL-0.64%coin-img-XRPXRP+1.47%coin-img-USDCUSDC-0.02%coin-img-MONADMONAD-6.10%coin-img-IRYSIRYS+2.10%coin-img-ETHETH-0.85%coin-img-BTCBTC+0.15%coin-img-UCNUCN+0.50%coin-img-SOLSOL-0.64%coin-img-XRPXRP+1.47%coin-img-USDCUSDC-0.02%
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Zack Abrams

People's Bank of China Reaffirms Cryptocurrency Ban, Flags Stablecoin Risks

China's central bank has reinforced its prohibition on cryptocurrency operations following a Friday meeting with thirteen government agencies. The PBoC highlighted stablecoins as failing to meet anti-money laundering and customer identification standards. The bank characterized these assets as a threat to national financial security.
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