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🇨🇳 Chinese State Media on Crypto: Key Signals! 🇨🇳

The Communist Party of China has published a major article on cryptocurrencies, highlighting several key points:

🔸 Bitcoin is too volatile to be a currency but has investment value.
🔸 USD stablecoins reinforce U.S. global dominance.
🔸 China needs to accelerate the development of the digital yuan and tokenized assets.
🔸 Token adoption could strengthen the yuan’s position in the global economy.
🔸 Risk control is a crucial tool to counter dollar-backed stablecoins.