王永利
Wang Yongli: Why has China resolutely halted stablecoins?
China has clearly accelerated the development of digital RMB and firmly established its policy stance to curb virtual currencies, including stablecoins. This decision is based on a comprehensive consideration of multiple factors, such as China's leading global position in mobile payments and digital RMB, the sovereignty and security of the RMB, and the stability of its monetary and financial system.
Wang Yongli: Bitcoin, stablecoins, and central bank digital currencies should not be lumped together
Wang Yongli believes that Bitcoin can only be an asset rather than real money, and stablecoins can only be tokens pegged to currencies.
The Truth Behind the U.S. OCC's Easing of Stablecoin Usage: Permissioned Chains with Strict Regulation
The public blockchain referred to by OCC is not a decentralized, permissionless open-source blockchain like Bitcoin or Ethereum, but rather a permissioned blockchain that requires all participants to comply with all applicable legal requirements.
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