The Great Firewall just tightened again 🇨🇳
China appears to be reinforcing its digital barriers.
Multiple top financial regulators reportedly moved together to label RWA tokenization, RMB-linked stablecoins, and unauthorized crypto trading as illegal.
The message is coordinated and clear:
if a crypto activity isn’t officially approved by the state, it may now be treated as prohibited.$ZK
$ZEC
$DCR
China appears to be reinforcing its digital barriers.
Multiple top financial regulators reportedly moved together to label RWA tokenization, RMB-linked stablecoins, and unauthorized crypto trading as illegal.
The message is coordinated and clear:
if a crypto activity isn’t officially approved by the state, it may now be treated as prohibited.$ZK
$ZEC
$DCR