Group 1 - The core viewpoint of the news is the intensified regulatory measures on virtual currencies, emphasizing that virtual currencies are illegal financial activities and reiterating the prohibition of issuing RMB-pegged stablecoins abroad without approval [1][2][3] - The central bank and financial regulatory authorities have issued a notification to prevent and address risks associated with virtual currencies, highlighting that stablecoins linked to fiat currencies perform functions similar to legal tender [1][2] - The notification mandates a comprehensive review and shutdown of existing virtual currency mining projects, prohibiting the establishment of new mining projects and the sale of mining machines within the country [1][4][5] Group 2 - The notification reiterates that virtual currencies do not hold the same legal status as fiat currencies, and any related business activities within the country are deemed illegal [2][3] - Market regulatory authorities are enhancing the management of business registrations, prohibiting the use of terms related to virtual currencies in business names and scopes [3] - The notification also addresses the regulation of Real World Asset (RWA) tokenization, stating that such activities are illegal unless approved by relevant authorities [7][8] Group 3 - Financial institutions are prohibited from providing services related to unauthorized RWA tokenization activities, including custody and settlement services [7][8] - The notification outlines strict regulations for domestic entities engaging in RWA tokenization abroad, ensuring compliance with domestic regulatory frameworks [8][9] - Analysts predict that the virtual currency market will undergo a cleansing phase, with domestic speculative activities being curtailed and risks from overseas operations being mitigated [9]
重申虚拟货币非法!央行等八部门整治稳定币、“挖矿”活动
Xin Lang Cai Jing·2026-02-11 00:33