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China bans stablecoin and RWA issuance by foreign and domestic companies

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China bans stablecoin and RWA issuance by foreign and domestic companies

China bans stablecoin and RWA issuance by foreign and domestic companies

The latest announcement from the People's Bank of China follows months of flip-flopping on privately issued yuan-pegged stablecoins.


Source: China bans stablecoin and RWA issuance by foreign and domestic companies
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