{"id":141505,"date":"2025-12-01T10:30:18","date_gmt":"2025-12-01T10:30:18","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=141505"},"modified":"2025-12-01T10:30:18","modified_gmt":"2025-12-01T10:30:18","slug":"beijings-crypto-warning-casts-shadow-over-hong-kongs-stablecoin-ambitions","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=141505","title":{"rendered":"Beijing\u2019s crypto warning casts shadow over Hong Kong\u2019s stablecoin ambitions"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostBeijing\u2019s explicit denunciation of stablecoins as a financial risk has cast fresh doubt on Hong Kong\u2019s ambitions to become a regulated hub for the asset class, according to legal experts and analysts.<br \/>\nThe People\u2019s Bank of China (PBOC) \u2013 together with the public security ministry, the cyberspace administration, the top court and other key financial regulators \u2013 said in a statement on Saturday that stablecoins did not meet the mainland\u2019s requirements on customer identification and&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/article\/3334767\/beijings-crypto-warning-casts-shadow-over-hong-kongs-stablecoin-ambitions?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostBeijing\u2019s explicit denunciation of stablecoins as a financial risk has cast fresh doubt on Hong Kong\u2019s ambitions to become a regulated hub for the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/141505"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=141505"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/141505\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=141505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=141505"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=141505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}