PBOC Officially Bans 'Unapproved' Yuan-Pegged Stablecoins
- Posted on February 6, 2026
- By Cointelegraph
- 2 Views
PBOC Officially Bans 'Unapproved' Yuan-Pegged Stablecoins

China's central bank and other regulators issued a statement on Friday banning companies from issuing yuan-pegged tokens or tokenizing assets without approval.