Concerns about China’s stance on digital assets have resurfaced as Bitcoin drifts deeper into bear market conditions. Chinese authorities have announced a tighter interpretation of their existing cryptocurrency ban, moving to explicitly outlaw activities tied to real-world asset (RWA) tokenization and unapproved stablecoins tied to the yuan.
Major actors like Bullish (NYSE: BLSH) in the international crypto space will be taking note of any regulatory developments that could impact their long-term strategic plans in the markets in which…
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