Former PBOC Chief Zhou Pushes Back Against China Stablecoin Idea

China’s former central bank chief Zhou Xiaochuan issued a warning about the potential dangers of stablecoins, putting him in opposition to growing calls by policy advisers and economists for China to consider their use.

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Reeves Raises UK Taxes by £26 Billion in Day of Budget Chaos

Chancellor of the Exchequer Rachel Reeves announced £26 billion ($34 billion) of tax increases, in …