Chinese tech giants pause stablecoin plans after Beijing steps in --- FT
ByAinvest
Saturday, Oct 18, 2025 8:40 pm ET1min read
Chinese tech giants put their stablecoin ambitions on hold after receiving instructions from Chinese regulators, including the People’s Bank of China (PBoC) and Cyberspace Administration of China (CAC), not to move ahead, according to multiple people familiar told FT.
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