#ChinaShapesCryptoRules China has just dramatically tightened its crypto regulations, making it one of the strictest crypto‑policy regimes in the world right now. 🇨🇳
🚫 Key new rules and actions: • China’s central bank and regulators have expanded the crypto ban to include stablecoins, tokenized real‑world assets (RWAs), and any unauthorized digital asset activity.
• Yuan‑pegged stablecoins — whether issued inside China or offshore — now require government approval or are outright banned.
• Domestic firms are prohibited from issuing crypto overseas without approval, tightening control ove