PANews reported on October 27 that Pan Gongsheng, governor of the People's Bank of China, stated today at the 2025 Financial Street Forum Annual Meeting that 10 days ago, at the IMF/World Bank Annual Meeting held in Washington, stablecoins and the financial risks they may generate became one of the most discussed topics among finance ministers and central bank governors from various countries. The more common views mainly focused on the fact that stablecoins, as a financial activity, cannot effectively meet the basic requirements of customer identity identification and anti-money laundering at this stage, magnifying loopholes in global financial supervision, such as money laundering, illegal cross-border transfers of funds, and terrorist financing. The market is full of hype and speculation, which increases the fragility of the global financial system and has an impact on the monetary sovereignty of some underdeveloped economies.PANews reported on October 27 that Pan Gongsheng, governor of the People's Bank of China, stated today at the 2025 Financial Street Forum Annual Meeting that 10 days ago, at the IMF/World Bank Annual Meeting held in Washington, stablecoins and the financial risks they may generate became one of the most discussed topics among finance ministers and central bank governors from various countries. The more common views mainly focused on the fact that stablecoins, as a financial activity, cannot effectively meet the basic requirements of customer identity identification and anti-money laundering at this stage, magnifying loopholes in global financial supervision, such as money laundering, illegal cross-border transfers of funds, and terrorist financing. The market is full of hype and speculation, which increases the fragility of the global financial system and has an impact on the monetary sovereignty of some underdeveloped economies.
Central Bank Governor: Stablecoins magnify loopholes in global financial regulation and impact the monetary sovereignty of underdeveloped economies
PANews reported on October 27 that Pan Gongsheng, governor of the People's Bank of China, stated today at the 2025 Financial Street Forum Annual Meeting that 10 days ago, at the IMF/World Bank Annual Meeting held in Washington, stablecoins and the financial risks they may generate became one of the most discussed topics among finance ministers and central bank governors from various countries. The more common views mainly focused on the fact that stablecoins, as a financial activity, cannot effectively meet the basic requirements of customer identity identification and anti-money laundering at this stage, magnifying loopholes in global financial supervision, such as money laundering, illegal cross-border transfers of funds, and terrorist financing. The market is full of hype and speculation, which increases the fragility of the global financial system and has an impact on the monetary sovereignty of some underdeveloped economies.
Market Opportunity
Lorenzo Protocol Price(BANK)
$0.05408
$0.05408$0.05408
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.
Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets
The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
Where money is made
The post Where money is made appeared on BitcoinEthereumNews.com. S&P 500 wasn‘t to break down Friday, but I saw its upside as limited – it proved so, just as much
Share
BitcoinEthereumNews2026/01/26 08:06