China reaffirms crypto ban blocking token issuance, buying and selling, mining and unapproved stablecoins with strict nationwide enforcement.
China’s central financial institution and monetary regulators have restated strict controls on crypto actions.
Authorities confirmed that digital currencies usually are not authorized tender. Additionally they mentioned associated enterprise actions stay unlawful.
The assertion alerts tighter enforcement throughout home and overseas-linked operations.
Ban Expanded to Issuance and Managed Abroad Entities
The Folks’s Financial institution of China mentioned home entities can’t difficulty digital currencies with out approval.
It additionally prolonged the rule to abroad entities managed by Chinese language companies. The restriction covers tokens, stablecoins, and comparable devices.
🇨🇳 CHINA CRACKS DOWN ON CRYPTO
China’s central financial institution has tightened crypto guidelines, banning home and managed abroad entities from issuing digital currencies with out approval. Authorities reaffirm that crypto isn’t authorized tender and label associated enterprise actions as…
— *Walter Bloomberg (@DeItaone) February 6, 2026
Regulators mentioned any issuance should comply with designated approval channels. Actions exterior accepted frameworks are prohibited.
Authorities emphasised that crypto issuance poses monetary and safety dangers.
Officers mentioned the ban applies no matter the place issuance happens. Management and profit hyperlinks to home entities fall underneath supervision. This method goals to shut regulatory gaps.
Buying and selling, Mining, and Stablecoins Face Renewed Enforcement
In line with Wu Blockchain, authorities reiterated a blanket ban on crypto buying and selling and mining.
Regulators mentioned exchanges and intermediaries can’t present associated companies or provide cost help and advertising and marketing.
China’s central financial institution and regulators reiterated a blanket ban on crypto actions, together with buying and selling, issuance, mining, and unapproved RMB-linked stablecoins, and mentioned RWA tokenization is mostly prohibited except explicitly accepted underneath designated monetary infrastructure,…
— Wu Blockchain (@WuBlockchain) February 6, 2026
Regulators addressed stablecoins linked to the renminbi. Regulators mentioned authorities prohibit unapproved RMB-linked stablecoins and ban their issuance and circulation with out approval.
Officers cited dangers together with cash laundering and fraud. Additionally they referenced unauthorized cross-border transfers.
Stablecoins have been included on account of settlement and switch options.
Tokenization and RWA Initiatives Beneath Tight Limits
Regulators handled crypto and RWA merchandise. They mentioned tokenization is mostly prohibited. Exceptions require specific approval underneath designated infrastructure.
Authorities mentioned accepted tasks should function inside outlined techniques. These techniques embody regulated monetary platforms. Initiatives exterior these channels usually are not permitted.
Officers linked tokenization dangers to investor safety. Additionally they referenced monetary stability issues. Oversight will stay strict and coordinated.
Associated Studying: China Expands Crypto Crackdown with New Ban on Personal Holdings
Coordinated Enforcement and Public Training Measures
Enforcement will contain central and native authorities. Companies will share data and coordinate actions. Offshore operations linked to home entities can be watched.
Regulators mentioned monetary crimes will face nearer look. These embody fraud and unlawful gathering donations. Cross-border flows will obtain added consideration.
Authorities additionally introduced public training efforts. Campaigns will clarify dangers and authorized boundaries. The objective is to scale back participation in unlawful actions.
Officers acknowledged that crypto isn’t authorized tender. They repeated that digital currencies can’t transfer round as cash. Funds and pricing in crypto stay banned.
The assertion displays circulation with prior coverage. It additionally alerts renewed enforcement focus. Authorities intention to keep up monetary order and management dangers.
China’s method emphasizes compliance and steering. Regulators count on market members to comply with present guidelines. Violations could lead to penalties underneath implement legal guidelines.
