STABLECOIN CONCERNS

China is tightening its grip on cryptocurrency, with a special focus on stablecoins. The People's Bank of China, along with 12 other agencies, recently held a meeting to discuss the resurgence of crypto trading and the risks it poses. The bank made it clear that virtual currencies are not legal ten

Brazil is taking strong steps to tackle illegal activities involving cryptocurrencies. The government and the central bank have put forward new rules to address this issue. The central bank's proposal aims to make it easier to monitor and regulate stablecoins, which are digital currencies tied to tr