China Expands Crypto Crackdown, Targets Stablecoins and RWA Tokenization

China Expands Crypto Crackdown, Targets Stablecoins and RWA Tokenization

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China's financial regulators have broadened their existing crypto ban, now explicitly prohibiting stablecoin issuance and the tokenization of real-world assets within the country.

China’s financial regulators have expanded the country’s crypto crackdown, explicitly targeting stablecoin issuance and real-world asset tokenization.

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