China offers funding for stablecoin research as global interest grows

Source: China – South China Morning PostChina’s largest government-backed research funder has begun accepting applications for the study of stablecoins and their cross-border monitoring systems, a move indicating Beijing’s growing interest – and wariness – towards the emerging digital asset.
In a circular posted on its website last week, the National Natural Science Foundation of China – an affiliate of the Ministry of Science and Technology that manages hundreds of billions of yuan in annual funding – solicited proposals for the…Read More

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