China central bank vows crackdown on virtual currency, flags stablecoin concerns

by Coinsreporter in ~econ

687 sats and 5 comments so far

https://stacker.news/items/1295591

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Discussion

Capital controls on digital freedom money can not work in the long run. It will not improve either the country trying to impose its will on an inevitable future nor its citizens. They know this but still need time to integrate on terms they can deal with. 2026 will be a transition year for bitcoin for America Russia China. ARC will be the multipolar force cutting out legacy fiat banksters of the AngloDutch historical financial plumbing.