Former Bank of China Executive: Rise of Stablecoin Poses Policy Challenge for China

Former Bank of China deputy governor Wang Yongli has warned surging USD-pegged stablecoins, buoyed by new U.S. and Hong Kong rules, have tightened dollar dominance. He has urged quicker e-CNY deployment, a Hong Kong yuan stablecoin and ID integration to keep the yuan competitive.
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Texas Congressman Slammed for Delayed Bitcoin Disclosure of $500K Purchases

Brandon Gill has faced scrutiny after he has disclosed two Bitcoin transactions worth up to $500K past the STOCK Act’s 45-day deadline, OpenSecrets has reported, bringing new focus to his pro-Trump crypto stance and proposal to feature Trump on the $100 bill.
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