Browsing: People’s Bank of China

Stablecoins represent a significant evolution in the realm of virtual currencies, offering a bridge between traditional finance and the crypto world.Recently, the People’s Bank of China has taken steps to define stablecoins, highlighting their potential risks regarding anti-money laundering and financial regulation compliance.

Virtual currency regulations are increasingly vital as governments worldwide seek to address the complexities of digital finance.On November 28, 2025, The People’s Bank of China held a significant meeting aimed at tackling rampant speculation in virtual currency transactions, particularly with stablecoins.

The People’s Bank of China has launched a Digital Currency Research Institute in Beijing to focus on the development of…

The People’s Bank of China, represented by Pan Gongsheng, will collaborate with law enforcement to address the operation and speculation…