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People’s Bank of China Still Combating Virtual Currency, Stablecoin Trading


Chinese financial regulators reaffirm strict stance against cryptocurrency activities, emphasizing their illegal status and potential financial risks. On November 28, 2025, the People’s Bank of China convened a coordination meeting involving multiple government agencies, including the Ministry...

South African Reserve Bank Flags Crypto and Stablecoins as Structural Risk


The South African Reserve Bank (SARB) has added crypto assets and stablecoins to a new, monitored risk category, citing a massive surge in local crypto adoption. New Risk Category Established The South African Reserve Bank (SARB) has added crypto assets and stablecoins to a new, monitored risk...

U.S. Bank Explores Stablecoin Issuance on Stellar Network


U.S. Bank tests custom stablecoin development on Stellar blockchain, highlighting innovative approaches to programmable digital banking infrastructure. U.S. Bank is conducting a strategic exploration of stablecoin technology using the Stellar network, partnering with PwC and the Stellar Development...

Bitget Wallet Bridges Crypto With Banking Systems in Nigeria and Mexico


Bitget Wallet has introduced a bank transfer feature that connects stablecoins to more than 80 banks across Nigeria and Mexico, enabling instant conversion of the stablecoins USDT and USDC into local currencies. Bitget Wallet Connects Crypto Payments to Traditional Banks in Two Major Markets...

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