Beijing Business Daily: Industry insiders believe that clearly defining stablecoins will provide a logical premise for their inclusion in regulatory systems such as anti-money laundering.

Odaily Planet Daily reports that Beijing Business Today published an article titled "The Virtual Currency Market Welcomes Another Major Regulatory Signal," which points out that industry insiders believe the People's Bank of China's clear definition of stablecoins means that stablecoins are not considered legal tender or payment instruments, but rather are included in the regulatory framework for virtual assets similar to Bitcoin and Ethereum. This provides a logical premise for their subsequent inclusion in financial regulatory systems such as anti-money laundering and cross-border capital flows. Furthermore, the article reveals the root cause of the compliance risks of stablecoins, noting that "defaults" occur frequently, and the underlying risks and asset quality remain difficult to guarantee.