China moves to stop big local brokers from stoking domestic interest in stablecoins

Chinese regulators have instructed major domestic brokerages to halt the publication of research and public commentary related to stablecoins. The move comes as China sees a rising wave of domestic interest in stable digital assets, which is reportedly causing concern among mainland authorities who remain opposed to most cryptocurrency activity source: https://www.cryptopolitan.com/china-stop-local-brokers-from-stablecoins/