A senior official at the People’s Bank of China (PBOC) has called for tighter oversight of stablecoins as their role in cross-border payments expands.
According to NS3.AI, PBOC Research Bureau director general Wang Xin urged closer monitoring of stablecoins and said regulators should strengthen oversight as their cross-border payment use grows.
Wang also called for stronger regulation, greater international coordination, and deeper policy cooperation related to stablecoins.
He did not endorse stablecoins and did not announce any policy changes.
PBOC Official Calls for Closer Monitoring of Stablecoins as Cross-Border Use Grows
2026-06-17 11:15:22
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Bitcoin Cost-Basis Cluster Signals Potential Bottom, but Bearish Flag Keeps $50,000 in FocusNext article：
英国5月通胀持平 英债连涨5天
