Tonight, seven industry associations spoke out simultaneously. The China Internet Finance Association, Banking Association, Securities Association, Fund Association, Futures Association, Listed Companies Association, and Payment & Clearing Association. The last time this lineup appeared was in September 2021. That time, they jointly banned cryptocurrency trading. This time, their targets are broader: shitcoins, stablecoins, and RWA.
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Tonight, seven industry associations spoke out simultaneously. The China Internet Finance Association, Banking Association, Securities Association, Fund Association, Futures Association, Listed Companies Association, and Payment & Clearing Association. The last time this lineup appeared was in September 2021. That time, they jointly banned cryptocurrency trading. This time, their targets are broader: shitcoins, stablecoins, and RWA.