The People's Bank of China announced plans to intensify regulation of virtual currency transactions in 2026, as part of its broader financial governance strategy. During its annual working conference held on January 5-6, the bank outlined key objectives for the year, including enhancing the digital yuan's development and improving cross-border RMB infrastructure. The conference reviewed 2025's achievements and set priorities for 2026, focusing on strengthening financial management, combating fraud and gambling-related money chains, and optimizing the digital RMB management system. The bank aims to bolster supervision of virtual currencies and continue efforts against illegal activities in the sector.
People's Bank of China to Tighten Virtual Currency Regulations in 2026
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