China has banned unapproved offshore yuan-pegged stablecoins to stop crypto-based capital flight and financial crime. The People’s Bank of China repeated its strict ban on crypto activity, citing risks tied to money laundering and foreign exchange fraud. Hong Kong regulators also warned that no licenses have been issued, and promoting such stablecoins is illegal. The move targets offshore RMB tokens like CNH stablecoins and supports China’s push toward its digital yuan, the eCNY.
Bitcoin just broke through $73,500 for the first time in a month, significantly outperforming gold…
It is one of the oldest questions in crypto: when prices fall and the headlines…
The XRP price is once again flirting with a familiar setup shrinking exchange supply and…
The Bitcoin price has slipped below the $69,000 mark once again after facing strong rejection…
Pakistan's parliament has officially passed the Virtual Assets Act 2026, establishing a permanent legal framework…
The Bitcoin price might be standing at one of those uncomfortable moments markets love, where…
