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Time Details
2025-07-11
07:30
Shanghai State Regulator's Major Meeting on Crypto and Stablecoins Sparks Market Interest

According to @rovercrc, Shanghai's State-owned Assets Supervision and Administration Commission (SASAC) has held a significant meeting focused on cryptocurrencies and stablecoins. The source indicates the meeting centered on the "Development and Regulatory Exploration of Web3.0 Virtual Assets and Stablecoins." For traders, this high-level discussion by a state assets regulator could signal a potential shift or clarification in China's stance on digital assets, representing a noteworthy development for the broader crypto market.

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