Beijing has broadened its crypto ban to include RWA tokenization and unapproved offshore yuan-linked stablecoin issuance.
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China expands crypto crackdown to stablecoins, asset tokenization
The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.
China steps up crypto crackdown, bans unauthorised offshore yuan-pegged stablecoin issuance
BEIJING, Feb 6 (Reuters) – China vowed to further tighten its crackdown on virtual currencies on Friday and banned unauthorised offshore issuance of yuan-pegged stablecoins, according to a notice …
China Strengthens Measures Against Virtual Currencies, Stablecoins, and RWA Tokenization
China reaffirms its crypto ban and expands measures against virtual currencies, stablecoins, and RWA tokenization.
China moves to block offshore yuan-backed stablecoin issuance
China bans unauthorized yuan-linked stablecoins globally, targeting offshore activities while advancing its digital yuan initiative.
Buying a Porsche in China is about to get brutally harder
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