China Reconsiders Crypto Ban as Officials Discuss Stablecoins Amid Bitcoin's $118K Surge

  • China may be shifting its long-standing crypto stance, as regulators held a significant meeting on July 10, 2025, to discuss the growing impact of stablecoins and digital assets. This development comes at a time when Bitcoin has surged past $118,000, signaling renewed global momentum in the crypto space and possibly prompting Chinese authorities to reevaluate their approach.