A Chinese government-backed article advocates for global regulatory frameworks to ensure transparency, cross-border compliance, and user protection for stablecoins.
A Chinese government-backed article stresses the need for international coordination on stablecoin regulation, citing fragmented oversight and rising global adoption. Written by Han Weili, it proposes creating a global regulatory network and embedding compliance measures into smart contracts to address transparency and legal challenges. Han also highlighted the risks associated with stablecoins and called for real-time reserve verification and public education on digital finance.