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PBOC Officially Bans 'Unapproved' Yuan-Pegged Stablecoins
In the Spotlight

PBOC Officially Bans ‘Unapproved’ Yuan-Pegged Stablecoins

by CryptoExpert in Regulation

The People’s Bank of China (PBOC), the country’s central bank, and seven Chinese regulatory agencies published a joint statement on Friday banning the unapproved issuance of Renminbi-pegged stablecoins and tokenized real-world assets (RWAs). The ban [...]
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bitcoinBitcoin
$ 69,537.001.2%
ethereumEthereum
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bnbBNB
$ 651.951.25%
xrpXRP
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