China’s central bank, the People’s Bank of China (PBoC), has reaffirmed its ban on all forms of digital assets, emphasizing the risks associated with stablecoins. The PBoC’s recent […]
Shanghai Launches First Cross-Border Data Service Center
China’s Shanghai has officially launched its first cross-border data service center, aiming to boost international data flow and trade competitiveness within the nation’s free trade zones.
China Tightens Crypto Restrictions, Impact Expected Across Markets
China’s central bank has reinforced its stance on cryptocurrencies by reaffirming the ban on digital assets and stablecoins. The People’s Bank of China (PBOC) outlined new enforcement measures […]
China Tightens Crypto Grip Amidst Risks: Crackdown Sparks Innovation Concerns
China’s central bank, the People’s Bank of China (PBOC), convened top government officials in Beijing on November 28, 2025, to address escalating cryptocurrency risks and emphasize stricter regulations. […]
China Tightens Crypto Crackdown, Focuses on Stablecoin Risks
The People’s Bank of China (PBOC), led by Governor Pan Gongsheng, reiterated its ban on cryptocurrencies and highlighted concerns about stablecoin risks. Following a multi-agency meeting in Beijing, […]
China Intensifies Crackdown on Stablecoins, Focuses on Financial Stability
China has escalated its crackdown on cryptocurrencies by specifically targeting stablecoins as a key threat to financial stability. The move signals a strategic shift in China’s long-running ban […]
China Issues Strict Crypto Ban, Calling for Increased Oversight
In a significant move, China has officially outlawed Bitcoin and other cryptocurrencies, warning against the risks associated with their use. The country’s central bank issued a statement affirming […]
China Tightens Crypto Grip: New Measures to Curb Payments
The People’s Bank of China (PBOC) is intensifying its efforts to restrict the use of cryptocurrencies and stablecoins for payments. Officials express concern over these digital assets increasing […]
China Reinforces Crackdown on Cryptocurrency Activity
Despite ongoing restrictions, China has issued a new warning regarding rising virtual currency activity. The People’s Bank of China (PBOC) highlighted the potential risks associated with crypto speculation […]
People’s Bank of China Reiterates Opposition to Cryptocurrencies
The People’s Bank of China (PBOC) emphasized its stance against cryptocurrencies at a coordination meeting held on November 28, 2025. High-level officials from various government agencies participated in […]
China Tightens Grip on Crypto & Stablecoins: No Legal Tender in Sight
China’s central bank has once again taken a firm stance against cryptocurrencies and stablecoins, reaffirming that virtual assets lack legal status within its financial system. Following a coordination […]
China Implements New Measures to Control Stablecoins and Crypto Transactions
China’s regulatory authorities are taking concrete steps to curtail the use of cryptocurrencies and stablecoins for payments. The move comes amidst growing concerns about financial risks associated with […]
China Confirms Crypto is Illegal: PBOC Warns of Risks and Increased Crackdown
In a decisive move, China’s central bank (PBOC) has reinforced its stance on cryptocurrency after a major meeting in November 2025. The PBOC explicitly stated that virtual assets, […]
China Tightens Regulatory Grip on Crypto Speculation
China’s regulatory crackdown on cryptocurrency has intensified, targeting platforms like Xiaohongshu and Taobao to curb speculative activities. The Beijing Business Daily recently uncovered tactics used by crypto influencers […]
China Tightens Crypto Control: Crackdown Prompts Digital Yuan Surge
China is taking decisive action to control its cryptocurrency landscape, focusing on promoting the digital yuan while tightening restrictions. Recent seizures of Bitcoin and other crypto assets have […]