Bobby Okposin

Bobby Okposin

source: ft.com

Shanghai Explores Yuan-Backed Stablecoin Amid China’s Crypto Ban Shift

Shanghai officials are showing a growing interest in stablecoins despite China’s longstanding ban on cryptocurrencies, signaling a potential policy shift in the country’s approach to digital assets. The Shanghai State-owned Assets Supervision and Administration Commission (SASAC) recently convened...

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