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.
Five winners were selected using a published review methodology, with every score, weighting and decision…
The XRP price sits at $1.38 after a 53% climb off its $0.99 low, with…
Tom Lee said Ethereum will perform well regardless, but a CLARITY Act passage would supercharge…
Story Highlights The live price of the Avalanche is . Price predictions for 2026 highlight…
Zcash's Zakura team has launched Zakura Common, cryptographic software cutting private transaction creation time from…
Fidelity says Bitcoin has held the floor of its power law curve and has corrected…
