Source: China – South China Morning PostBeijing must be proactive in “adapting to the trend of stablecoins”, and waiting is not an option as the US has a head start, warns an article on Monday in state media that simultaneously calls for leadership to consider legislation regulating stablecoins while hyping up their potential role in making the yuan a more global currency.
Securities Times, a publication under party mouthpiece People’s Daily, said experts and industry insiders “generally believe that, as an emerging payment tool, the…Read More