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Shanghai officials warm to stablecoins despite China crypto ban: Report

Local authorities and state-owned publications in mainland China are increasingly calling on the government not to dismiss the increasing global adoption of stablecoins.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Shanghai officials warm to stablecoins despite China crypto ban: Report

Local authorities and state-owned publications in mainland China are increasingly calling on the government not to dismiss the increasing global adoption of stablecoins.

Why this matters

This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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