China’s state-asset watchdog explores role of stablecoins, other digital assets

Shanghai State-Owned Authorities Explore Approaches to Stablecoin Strategy

Shanghai State-Owned Authorities Explore Approaches to Stablecoin Strategy - Stablecoin study session signals an increasing interest in digital currency strategies among Chinese authorities

China’s state-asset watchdog explores role of stablecoins, other digital assets

The State-owned Assets Supervision and Administration Commission calls on state-backed firms to study the role of digital assets in trade.

China Warms to Stablecoins as Pressure Mounts for Yuan-Backed Alternative

The city’s state asset regulator, SASAC, urged deeper research into digital currencies, marking a rare public engagement on the topic.

China Explores Stablecoin Strategy As Shanghai Reignites Crypto Debate - Data Intelligence

China has had a strict ban on cryptocurrencies since 2021, but it looks like the country is starting to rethink its stance on digital assets. The Shanghai State-owned Assets Supervision and Administration Commission held a meeting recently that brought together 60 to 70 officials and specialists to talk about stablecoins and digital currencies. The meeting took place in Shanghai, China’s financial hub, marking a subtle yet significant shift in t…

Shanghai officials warm to stablecoins despite China crypto ban: Report

Local authorities and state-owned publications in mainland China are increasingly calling on the government not to dismiss the increasing global adoption of stablecoins.

China Considers Strategic Shift Toward Crypto and Stablecoins

China may be on the verge of a significant crypto policy shift, according to a new Reuters report. The State-owned Assets Supervision and Administration Commission (SASAC) in Shanghai recently convened dozens of government officials to explore strategic responses to digital assets, including stablecoinsdespite the countrys official ban on cryptocurrency trading and mining. The closed-door meeting signals a potential softening in tone, with offic…