# China's central bank reaffirms crypto ban, flags stablecoins

Source: https://www.theblock.co/post/380811/chinas-central-bank-reaffirms-crypto-ban-flags-stablecoin-risks-following-multi-agency-meeting
Kiwi News: https://news.kiwistand.com/stories/Chinas-central-bank-reaffirms-crypto-ban-flags-stablecoins?index=0x692cc49618388fabf43baa1487078a57ae9ba09d7bbebcd6f19597f28efc15f4c2062654
Submitted by misha on 2025-11-30 UTC, 3 upvotes, 2 comments

## Comments

**tim**: Interesting, didn‘t see this on other platforms. So maybe that‘s related to this week‘s dump?

**misha**: I see multiple articles speculating that the sell off has smth to do with something Asia, maybe Japan:

https://www.wsj.com/economy/central-banking/bitcoin-falls-as-prospect-of-rate-rise-in-japan-spooks-investors-fa092c73