Virtual currencies lack the legal status of fiat money, Chinese officials said during an intra-agency meeting on Friday.
China To Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report
Virtual currencies lack the legal status of fiat money, Chinese officials said during an intra-agency meeting on Friday.
Shares:
As Asia begins its trading day, BTC's weakness likely reflects fears that a trade war could freeze global growth
Beijing once warned of stablecoin risks. Now it’s turning to them to help stem the growth of U.S. dollar-pegged tokens in Asia.
River’s new flow map suggests companies absorb around 1,755 BTC per day versus approximately 450 mined, with funds and ETFs adding more demand.
Traders on Polymarket see a 7% chance of Johnson winning the bid.