Overview China banned Cryptocurrency mainly to protect financial stability and keep control over the monetary system.Bitcoin and Crypto Trading were declared il ...
Chinese regulators have widened the nation's crypto crackdown to include stablecoin issuances and real-world asset (RWA) ...
Opinion
Instagram on MSNOpinion

China bans all crypto activity

China has banned all crypto-related business activity, clearing the field for its state-backed digital yuan and drawing a hard line on who controls digital money.
China’s central bank closed the door on privately issued digital tokens tied to the yuan on Friday, marking the country’s firmest stance yet against cryptocurrencies that mimic its national currency.
China banned unauthorized yuan-pegged stablecoins and related tokenized assets to protect monetary sovereignty.
Treasury Secretary Scott Bessent told the Senate Banking Committee he “would not be surprised” if China was building digital ...
China’s rapid AI infrastructure expansion threatens to shape crypto’s future. The US must prioritize energy and open rails to ...
U.S. Treasury secretary Scott Bessent has warned he wouldn’t be surprised if China is building a U.S. dollar and bitcoin ...
Cryptocurrency payments to suspected human trafficking syndicates rose 85% in 2025, according to a new Chainalysis report.
Digital yuan hongbao now comes with interestChinas banks are rolling out digital yuan red envelopes (hongbao) and payment discounts ahead of Lunar New Year to boost consumption.Red envelopes are a ...