Trung Quốc tăng cường chính sách cấm đối với tiền điện tử khi hoạt động giao dịch đầu cơ được khôi phục

Regulators in China recently held a high-level coordination meeting aimed at strengthening and further reinforcing the country’s ban on cryptocurrency assets. According to Bitcoin.com, the initiative was led by the People’s Bank of China, which gathered representatives from 13 government organizations to coordinate a unified policy against illegal cryptocurrency activities.

Official stance on digital assets

During the meeting, all participants confirmed a unified position: virtual currencies cannot be considered legal tender and should not be used as monetary units in domestic markets. This clear distinction reflects China’s long-term strategy in regulating digital assets, aimed at preventing financial risks and maintaining control over the country’s monetary system.

Speculation activity as the main challenge

Regulators expressed serious concern that investment speculation has resumed intensive activity, creating favorable conditions for illegal operations and threats to financial stability. This renewed wave of speculative interest in crypto assets has prompted government agencies to take additional measures and coordinate more tightly among various departments.

Stablecoins under close scrutiny

Particular attention was given to stablecoins—cryptocurrencies pegged to traditional currencies or assets. Regulators expressed concerns about their potential use for money laundering and various financial fraud schemes. This requires strengthening oversight measures and control mechanisms at the national level.

Coordinated enforcement mechanism

The government has established a comprehensive mechanism for coordination among all involved agencies to enhance law enforcement and regulatory oversight. The goal of this multi-level system is to effectively curb illegal cryptocurrency activities, protect investors’ interests, and support China’s long-term financial stability.