PBOC Formally Classifies Stablecoins as Illegal Virtual Currency, Confirms Total Crypto Ban Technology PBOC Formally Classifies Stablecoins as Illegal Virtual Currency, Confirms Total Crypto Ban ddos December 2, 2025 The People’s Bank of China has once again made it unmistakably clear that its hardline stance on... Read More Read more about PBOC Formally Classifies Stablecoins as Illegal Virtual Currency, Confirms Total Crypto Ban