News: 0178616484

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

China Tells Brokers To Stop Touting Stablecoins To Cool Frenzy (bloomberg.com)

(Friday August 08, 2025 @05:22PM (msmash) from the how-about-that dept.)


An anonymous reader shares a report:

> China told local brokers and other bodies to [1]stop publishing research or hold seminars to promote stablecoins

[2]non-paywalled source

, seeking to rein in the asset class to avoid instability. Some leading brokerages and think tanks in late July and earlier this month received guidance from financial regulators, urging them to cancel seminars and halt disseminating research on stablecoins, people familiar with the matter said.

>

> Regulators are also concerned that stablecoins could be exploited as a new tool for fraudulent activities in mainland China, said the people, who asked not to be identified because the details are private.



[1] https://www.bloomberg.com/news/articles/2025-08-08/china-tells-brokers-to-stop-touting-stablecoins-to-cool-frenzy

[2] https://finance.yahoo.com/news/china-tells-brokers-stop-endorsing-102038104.html


I'm going to sell you- (Score:2)

by locater16 ( 2326718 )

"$1, for the price of, Just One Dollar!" - Crowd goes crazy, begins frothing at the mouth

Re: (Score:2)

by Retired Chemist ( 5039029 )

minus handling fees and other minor charges

As many of you know, I am taking a class here at UNC on Personality.
One of the tests to determine personality in our book was so incredibly
useful and interesting, I just had to share it.

Answer each of the following items "true" or "false"

1. I think beavers work too hard.
2. I use shoe polish to excess.
3. God is love.
4. I like mannish children.
5. I have always been diturbed by the sight of Lincoln's ears.
6. I always let people get ahead of me at swimming pools.
7. Most of the time I go to sleep without saying goodbye.
8. I am not afraid of picking up door knobs.
9. I believe I smell as good as most people.
10. Frantic screams make me nervous.
11. It's hard for me to say the right thing when I find myself in a room
full of mice.
12. I would never tell my nickname in a crisis.
13. A wide necktie is a sign of disease.
14. As a child I was deprived of licorice.
15. I would never shake hands with a gardener.
16. My eyes are always cold.
17. Cousins are not to be trusted.
18. When I look down from a high spot, I want to spit.
19. I am never startled by a fish.
20. I have never gone to pieces over the weekend.