The People's Bank of China emphasizes the importance of global efforts to regulate cryptocurrencies.
The USA, EU, UK, Singapore, and Japan are applying unique approaches to regulation.
Hong Kong is implementing a dual licensing system for virtual asset operators.
The People's Bank of China has published its financial stability report for 2024, which highlights global efforts to regulate cryptocurrencies. The report details that 51 countries and regions have imposed bans on cryptocurrency activities. At the same time, other countries have introduced new laws or revised existing regulations$DAR $SXP $PNUT #BtcNewHolder #2024To2025 #2024withBinance