Browsing: virtual currencies
Latest virtual currencies news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.
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.
The People’s Bank of China, represented by Pan Gongsheng, will collaborate with law enforcement to address the operation and speculation…