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China’s Renewed Crackdown on Crypto Will Only Harm Local Traders and Investors

DATE POSTED:February 9, 2026
In early February 2026, Chinese regulators (again) escalated their long-standing opposition to cryptocurrencies by issuing a joint statement from the People’s Bank of China (PBOC) and seven other agencies. The directive reportedly bans unauthorized offshore issuance of yuan-linked stablecoins and imposes strict vetting on tokens... Read More