By coinspy Key Points: The rise in ERC-20 stablecoin holdings on Binance suggests investors are not exiting but instead positioning for future opportunities. Japan is preparing regulatory reforms that could classify crypto as financial products, introducing a flat 20% tax and opening the door for crypto ETFs. Ripple, in collaboration with SBI VC, plans to […]
Tag: China
By Emir Abyazov Key highlights: China may allow yuan-pegged stablecoins to boost its global currency influence. Conflux has already launched a CNH-backed stablecoin for cross-border payments. Policy shift challenges dollar dominance amid growing global stablecoin adoption. China is reportedly considering allowing stablecoins pegged to the yuan for the first time, signaling a major reversal […]
By Emir Abyazov Key highlights: China names iris data-for-crypto schemes a national security threat. Worldcoin-style biometric programs face bans and regulatory pushback. Warnings highlight economic and privacy concerns tied to cryptocurrencies. China has declared that a foreign company harvesting users’ iris data in exchange for cryptocurrency poses a threat to national security. The Ministry of […]