China shuts down most yuan stablecoins while leaving narrow opening for state approved tokenisation

China has effectively drawn a hard line against yuan pegged stablecoins and most forms of real world asset tokenisation, reinforcing its long standing crackdown on private cryptocurrency activity while leaving a small and tightly controlled opening for state approved experiments. The move signals

Blockchain Policy Roadmap Under New Tech Ministry

China’s digital transformation is entering a new phase, and blockchain is once again at the center of its national technology agenda. The recent restructuring of the Ministry of Industry and Information Technology (MIIT) and the creation of specialized divisions under the new Ministry