Chinese experts: Stablecoin legislation draws attention, regulatory policies will continue to improve.

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[Golden Finance] Li Yang, a member of the Chinese Academy of Social Sciences and chairman of the National Financial and Development Laboratory, stated at the recent China Macroeconomic Forum (CMF) 2025 Mid-term Forum held by Renmin University of China that although there are many existing types of virtual money, only stablecoins have entered the legislative process, which needs to be given high attention. Stablecoins have a significantly different theoretical basis and operational characteristics compared to traditional currency, and will pose new challenges to the traditional monetary financial system. The current global trend is that Bitcoin and stablecoins are gaining prominence, and we must immediately address the question of "what to do". Regarding how to respond to the issues brought by stablecoins and other digital money, Chinese regulatory authorities have already made arrangements. China will not fall behind; our policy toolbox will continue to enrich, ensuring the stability and long-term development of China's macro economy.

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FlippedSignalvip
· 06-29 03:46
The tightening regulation is a bit alarming.
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FlashLoanKingvip
· 06-27 01:42
Shorting is very promising.
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SelfSovereignStevevip
· 06-26 04:16
Interfering too much can lead to negative consequences.
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ser_we_are_earlyvip
· 06-26 04:14
The trend is unstoppable.
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GasFeePhobiavip
· 06-26 04:01
Legislation should precede regulation.
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ContractFreelancervip
· 06-26 03:54
The policy gradually opens up and relaxes regulation.
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