In Major Shift, Shanghai Regulator Mulls Policy Responses to ...

In Major Shift, Shanghai Regulator Mulls Policy Responses to ...

China Signals Softer Stance on Stablecoins Amid Shanghai Talks

The post China Signals Softer Stance on Stablecoins Amid Shanghai Talks appeared on BitcoinEthereumNews.com. Shanghai SASAC urges more research on stablecoins, hinting softer crypto policy shift. Nick Ruck says China’s fintech strength could shape cautious blockchain payment future. Ant Group, JD.com want yuan stablecoins to challenge popular dollar stablecoins now. Mainland China is known for its strict approach to cryptocurrencies. For years, …

China Rethinks Stablecoin Policy as Shanghai Hosts Strategic Talks - Blockonomi

TLDR: Shanghai regulators met to explore stablecoin strategies for yuan-linked innovation. JD.com and Ant Group are preparing for Hong Kong stablecoin license applications. China faces capital control hurdles despite rising pressure to compete with U.S. stablecoins. The PBoC remains cautious but tone is shifting as local officials push for controlled pilots. China appears to be easing its approach to stablecoins, following recent talks in Shang…

Shanghai Regulator Considers Regulatory Framework for Stablecoins

Shanghai Regulator Considers Regulatory Framework for Stablecoins A regulatory body in Shanghai has convened a meeting this week to discuss strategic approaches to stablecoins and digital currencies.

In major shift, Shanghai regulator mulls policy responses to stablecoins and cryptocurrencies

A Shanghai regulator said it held a meeting this week for local government officials to consider strategic responses to stablecoins and digital currencies, a marked shift in tone for China, where crypto trading is banned.