Former PBOC Chief Warns Stablecoins May Threaten Financial Stability in China



The former PBOC chief warns that stablecoins can threaten financial stability in ChinaA former governor of the Popular Banque of China has warned of calls for the Chinese government to authorize the stable -co -centers based on the Yuan, citing potential risks to financial stability. The geopolitical context and the invoices of American stablecoin The former governor of the Popular Banque of China (PBOC), Zhou Xiaochuan, warned against the parties urging the Chinese government to authorize (…)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *