#ChinaShapesCryptoRules ✨On February 6, 2026, a joint communiqué issued by eight state institutions, led by the People's Bank of China (PBOC), significantly updated the country's cryptocurrency policy. The comprehensive ban regime, in place since 2021, was expanded to include the unauthorized issuance of yuan-pegged stablecoins and the tokenization of real-world assets (RWAs) tied to mainland China.
✨The new regulation explicitly prohibits the unauthorized issuance of yuan-pegged stablecoins abroad, while emphasizing that the issuance of tokens based on Chinese assets will be subject to a st