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Stablecoins Classified Under Virtual Currency Regulation: An Expert's Perspective
ByAinvest
Monday, Dec 1, 2025 11:16 pm ET1min read
Zhao Binghao, a law expert, says stablecoins are categorized as virtual currency, not "prohibited items" in criminal law. This categorization brings stablecoin-related activities under regulatory oversight to block currency substitution and cross-border arbitrage channels. Current crackdowns on virtual currency-related illegal activities are shrinking the domestic stablecoin ecosystem.
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