China Securities Regulatory Commission
1 storyIn its role as a Chinese securities regulator, China Securities Regulatory Commission is responsible for financial market oversight. Further work by China Securities Regulatory Commission concerns secondary market transparency, token offering classification, fund management regulation, and market integrity monitoring. Reporting on secondary market transparency should identify the legal instrument used by China Securities Regulatory Commission, while work on market integrity monitoring may involve consultation, supervision, or implementation. For China Securities Regulatory Commission, proposals on token offering classification stay with lawmakers. Implementation of secondary market transparency belongs here only when carried out by China Securities Regulatory Commission.
China's stablecoin crackdown fuels $176 billion peer network
China's ban on crypto exchanges hasn't stopped a surge in peer-to-peer stablecoin payments. Chainalysis estimates $176 billion in crypto activity over the past year as users move outside official channels and rely on wallet-to-wallet transfers.