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>Chinese regulators have asked big local brokers to halt publication of research endorsing stablecoins in a bid to curb a surge in interest in the digital currency among domestic investors, two sources familiar with the matter said. While crypto trading is banned in mainland China, brokerages have received a wave of requests for information on stablecoin and digital assets from Chinese investors since Hong Kong passed a stablecoin bill in May, sources at the brokerages say.

Archive: (broken) From the post: >>Chinese regulators have asked big local brokers to halt publication of research endorsing stablecoins in a bid to curb a surge in interest in the digital currency among domestic investors, two sources familiar with the matter said. While crypto trading is banned in mainland China, brokerages have received a wave of requests for information on stablecoin and digital assets from Chinese investors since Hong Kong passed a stablecoin bill in May, sources at the brokerages say.

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