Core Viewpoint - The article discusses the stringent regulatory measures imposed by multiple Chinese authorities on virtual currencies, marking a significant escalation in oversight and control over both domestic and cross-border activities related to cryptocurrencies [1][2]. Group 1: Regulatory Measures - On February 6, the People's Bank of China and eight other departments issued a notification emphasizing that activities related to virtual currencies are illegal financial activities [1]. - The notification explicitly prohibits any domestic and foreign entities or individuals from issuing stablecoins pegged to the Chinese yuan abroad [2]. Group 2: Impact on the Market - This regulatory upgrade is described as the "strictest ever," effectively blocking domestic virtual currency operations and extending control to overseas issuance [2]. - The new regulations are expected to disrupt the entire supply chain of stablecoin issuance, circulation, and trading, particularly affecting those stablecoins that are already in existence and lack compliance [2]. - There is a concern that these stablecoins could facilitate illegal cross-border fund transfers, potentially impacting China's currency circulation order and foreign exchange management [2].
史上最严!币圈大变天 虚拟货币正迎来国内多部门的最强监管
Xin Lang Cai Jing·2026-02-07 06:20