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China cracks down on stablecoin promotions, research and seminars

August 8, 2025 by DIGIT
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China cracks down on stablecoin promotions, research and seminars

Chinese regulators ordered local firms to halt seminars and research on stablecoins, citing concerns over potential fraud and herd-driven speculation.

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  • bitcoinBitcoin(BTC)$89,895.001.60%
  • ethereumEthereum(ETH)$3,063.581.16%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$896.932.28%
  • rippleXRP(XRP)$2.04-0.43%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$133.290.52%
  • tronTRON(TRX)$0.2875580.92%
  • staked-etherLido Staked Ether(STETH)$3,057.720.84%
  • dogecoinDogecoin(DOGE)$0.1401420.67%
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  • bitcoinBitcoin(BTC)$89,895.001.60%
  • ethereumEthereum(ETH)$3,063.581.16%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$896.932.28%
  • rippleXRP(XRP)$2.04-0.43%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$133.290.52%
  • tronTRON(TRX)$0.2875580.92%
  • staked-etherLido Staked Ether(STETH)$3,057.720.84%
  • dogecoinDogecoin(DOGE)$0.1401420.67%