China expands crypto crackdown to stablecoins, asset tokenization

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China has expanded its crackdown on cryptocurrencies, now targeting stablecoins and asset tokenization, reaffirming its hardline stance on crypto and imposing new restrictions.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.

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Full article on CoinDesk
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Original article published by CoinDesk on February 6, 2026.
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