Crypto Caution: The Risky Rise of Stablecoins in China

CX Briefing: Beijing Warns of ‘Stablecoin’ Fraud

CX Briefing: Beijing Warns of ‘Stablecoin’ Fraud - Also in today’s rundown: State-owned UnionPay expands QR code interoperability initiative to include Brazil, Chinese authorities begin prosecuting notorious Bai family crime syndicate from Myanmar

Stablecoins under scrutiny in China, warns against illegal fundraising

Crypto Caution: The Risky Rise of Stablecoins in China

China's industry body warns against illegal fundraising risks related to stablecoins amid cryptocurrency market frenzy. Some unscrupulous entities lure investors with promises of high returns under financial innovation claims. An index tracking stablecoins has surged in China, while Hong Kong races to regulate digital finance.

China lawmakers to consider loosening hard stance on digital assets amid stablecoin wave: report

China lawmakers held a meeting with local government officials to reevaluate its stance on digital assets, more specifically stablecoins and cryptocurrency. The government is being urged to consider yuan-based stablecoins amid the ban on crypto. According to a recent report…

Talk of offshore RMB stablecoin spikes stock. Authorities warn of scams - Ledger Insights - blockchain for enterprise

China is suffering from stablecoin FOMO. This likely relates in part to the huge success of the Circle IPO. The stablecoin firm listed at $31 with a current stock price north of $200. On Monday, Hong Kong listed company Goldstream Investment announced a collaboration with Hong Kong stablecoin issuer AnchorX to explore the issuance of […] The post Talk of offshore RMB stablecoin spikes stock. Authorities warn of scams appeared first on Ledger Ins…

CoinStats - Chinese Regulator Discusses Stablecoins Amid ...

On July 10, 2025, the Shanghai State-owned Assets Supervision and Administration Commission (SASAC), which of China, met to debate stablecoins and digital assets. The conference is held as Bitcoin rises over the mark of $118,000, promising a change in China-longstanding policy towards cryptocurrencies. The meeting between 60-70 officials is a welcome shift in the country whose crypto policy has been historically strict. China continued to stay h…