South China Morning Post CENTER (0.0) Reliability: 7.5/10

Conflux gets green light to trial offshore yuan stablecoins as China eases crypto stance

✍️ Xinmei Shen 📅 October 01, 2025 05:00 PM 🕐 Scraped: October 04, 2025

Summary: Conflux is aiming to have up to US$42 million worth of tokens issued on its blockchain by the end of this year.

Conflux Network, which claims to be the only regulatory-compliant public blockchain operator in mainland China, has been allowed to experiment with offshore yuan stablecoins as Beijing seeks to secure a position in the new

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📝 Article Information

Author

Xinmei Shen

Original Publisher

🌍 South China Morning Post

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Published Date

October 01, 2025 at 05:00 PM

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