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China Reaffirms Crypto Ban, Cracks Down on Yuan Stablecoins and Tokenized Assets

February 10, 2026 at 09:05 AM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Concerns about China’s stance on digital assets have resurfaced as Bitcoin drifts deeper into bear market conditions. Chinese authorities have announced a tighter interpretation of their existing cryptocurrency ban, moving to explicitly outlaw activities tied to real-world asset (RWA) tokenization and unapproved stablecoins tied to the yuan.

Major actors like Bullish (NYSE: BLSH) in the international crypto space will be taking note of any regulatory developments that could impact their long-term strategic plans in the markets in which…

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