A Beijing court in China sentenced five individuals to prison terms ranging from two to four years for converting client-transferred RMB into USDT and transferring it across borders, effectively engaging in disguised foreign exchange transactions involving over $166 million. https://t.co/J2mZEAGqXU ...

#Stablecoins offer promising improvements for cross-border transactions. But for domestic payments in developed economies, they’re a solution looking for a problem. (Photo: Gabby Jones via Bloomberg) https://t.co/v2C9a7lB2o https://t.co/70d4eB90Ub ...