Uploaded March 2026 | Updated September 2026, 1 hour ago
Chinese authorities have reinforced the country’s prohibition on digital assets.
In a joint statement, government entities including the CSRC and the PBoC reiterated that the crypto ban introduced in 2021 remains in force and clarified rules around stablecoins and real-world assets.
🔹 China confirmed that its 2021 crypto ban remains in place
🔹 Any unapproved or unlinked stablecoin is banned
🔹 RWA tokenization activities in China are prohibited
🔹 Foreign entities cannot provide related services to domestic entities
The main concern from authorities is that RWAs could potentially be used to evade the country’s capital controls.
Chinese authorities have reinforced the country’s prohibition on digital assets.
In a joint statement, government entities including the CSRC and the PBoC reiterated that the crypto ban introduced in 2021 remains in force and clarified rules around stablecoins and real-world assets.
🔹 China confirmed that its 2021 crypto ban remains in place
🔹 Any unapproved or unlinked stablecoin is banned
🔹 RWA tokenization activities in China are prohibited
🔹 Foreign entities cannot provide related services to domestic entities
The main concern from authorities is that RWAs could potentially be used to evade the country’s capital controls.
