China Cracks Down on Stablecoin Promotion
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最新报道：Chinese regulators have instructed financial institutions to halt stablecoin promotions, banning related research and seminars to curb speculation and scams. The directive, issued in late July and early August, targets brokerages and research firms, reflecting Beijing's efforts to limit retail interest in dollar-pegged tokens. Authorities worry stablecoins could enable illegal fundraising. Meanwhile, Hong Kong is advancing its own stablecoin framework, showcasing differing regulatory approaches within Greater China.
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