China Bans Stablecoin Promotions Amid Fraud Fears

Published by

Zameer Attar

August 8, 2025

China Bans Stablecoin Promotions Amid Fraud Fears

Chinese financial regulators have instructed local brokerages and research organizations to halt the promotion of stablecoins. They were told to stop publishing studies and cancel seminars on stablecoins due to concerns over fraud and speculative risks. This move aims to prevent a rush of uninformed investors into the asset class. Despite China’s crypto ban, digital asset trading remains active. The clampdown shows Beijing’s cautious approach while continuing to control crypto development on its terms.

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

Published by

Zameer Attar

Tags: Crypto news