The post China’s Central Bank Urges Global Crypto Oversight For Safer Financial Regulations appeared first on Coinpedia Fintech News
The People’s Bank of China (PBC) has doubled its focus on crypto assets in its recently released Financial Stability Report 2023. Highlighting the exponential growth of the global crypto market, the report underscores the need for consistent oversight, echoing the principle of “same business, same risks, same supervision” to address regulatory gaps and avoid fragmented …