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News China » Jilin » Cryptocurrencies: China says cryptocurrencies and stablecoins have no legal status

News channel or source: https://www.msn.com/en-us/money/markets/china-says-cryptocurrencies-and-stablecoins-have-no-legal-status/ar-AA1RrxWx
Published on: Sunday 30 November 2025

China has drawn a bright red line under its long running campaign against private digital money, declaring that cryptocurrencies and stablecoins have no legal status and cannot function as money in ...