INSUBCONTINENT EXCLUSIVE:
The Shanghai branch of the regulator overseeing the assets of state-owned enterprises (SOEs) called on these organisations to explore the
potential role of stablecoins and other digital assets in trade.
The State-owned Assets Supervision and Administration Commission (SASAC) in
Shanghai said SOEs must “maintain a keen awareness of emerging technologies” and strengthen research on digital currencies, according to
the agency’s statement on Friday.
The statement followed SASAC’s study session on...