Beijing’s Stablecoin Snub: How a $75B Market Is Being Told to Pipe Down 😜🥂
Such edicts fluttered down in late July and early August, designed to douse any spark of crypto ardour. The apparatchiks fear the hoi polloi might gallop off a fiscal cliff, clutching dollar-pegged mirages. Fraud, contagion, and the dreaded “herd rush” loom in their bureaucratic nightmares.





