If You Hate Crypto Rules, El Salvador Is Waiting

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Treasury Secretary Scott Bessent put a spotlight on the growing rift between regulators and parts of the crypto industry this week, telling lawmakers that those who resist clear rules “should move to El Salvador.” The line landed hard during a Senate Banking…

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China moves to block offshore yuan-backed stablecoin issuance

Beijing has moved to prohibit the unapproved overseas issuance of yuan-linked stablecoins, reinforcing its hardline stance on crypto assets. According to a joint notice issued on Friday by eight departments, including the People’s Bank of China (PBOC) and the China Securities Regulatory Commission (CSRC), entities and individuals are not allowed to issue yuan-pegged stablecoins overseas…

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