《Lawyer: Detailed Explanation of the Eight Departments' "Notice on Further Preventing and Handling Risks Related to Virtual Currencies"》 (Author: Liu Yang) Unlike previous regulatory documents such as the 94 Announcement and the 924 Notice, this 2.6 Notice repeals earlier regulatory documents, marking a first in the history of virtual currency regulation. The biggest breakthrough of the 2.6 Notice is that it explicitly states for the first time that stablecoins pegged to fiat currencies have partially performed the functions of fiat currency in circulation and use. Additionally, overseas subsidiaries and branches of domestic financial institutions providing RWA services abroad must comply with certain requirements. This leaves a small opening, but it must be clarified that this opening is reserved for financial institutions. Read the full article: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=56364