China Taking Measures Against Group of Altcoins, Says They Could Endanger Global Monetary System: Report

China is sounding the alarm on crypto assets that are pegged to fiat currencies. The country’s leading banking official says that such stablecoins pose a risk to the global monetary and payments system, according to a CNBC report. The report quotes the deputy governor of the People’s Bank of China (PBoC), Fan Yifei, who says […]The post China Taking Measures Against Group of Altcoins, Says They Could Endanger Global Monetary System: Report appeared first on The Daily Hodl.