China’s Central Bank addresses crypto regulation in new financial stability report

In a groundbreaking move, the People’s Bank of China (PBoC) has included a dedicated section on cryptocurrency assets in its latest financial stability report.  The report marks the first instance where the PBoC officially acknowledges and addresses concerns related to cryptocurrencies and decentralized finance (DeFi). This development emphasizes the need for global regulatory cooperation in... source: https://www.cryptopolitan.com/chinas-central-bank-on-crypto-regulation/