China’s Central Bank Prioritizes ‘Crypto Asset’ Regulation Amid Rising Risks

The People’s Bank of China Financial Stability Report 2023 discusses the rapid growth of the global market for crypto assets. Stressing the principle of “same business, same risks, same supervision,” the report also points to the importance of closing data gaps, decreasing fragmentation, and eliminating regulatory arbitrage. Calls For International Cooperation For Crypto Regulation In The post China’s Central Bank Prioritizes ‘Crypto Asset’ Regulation Amid Rising Risks appeared first on CoinGape .