Sunday, October 19, 2025

Chinese tech giants pause stablecoin plans after Beijing steps in, FT reports

Companies have put their stablecoin ambitions on hold after receiving instructions from Chinese regulators, including the People's Bank of China and Cyberspace Administration of China, not to move ahead with the plans, FT reported.

from Tech-Economic Times https://ift.tt/5mg40Er

No comments:

Post a Comment

Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...