China: Notice on Further Preventing and Handling Risks Related to Virtual Currencies (Yinfa [2026] No. 42)
Progress
Current status
in force
06 Feb 2026 in force
Scope
Implementers
China
Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
infrastructure provider: internet and telecom services
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
People's Bank of China and seven state departments released notice on further preventing and handling risks related to virtual currencies
On 6 February 2026, the People's Bank of China (PBOC) and seven other state departments released the Notice on Further Preventing and Handling Risks Related to Virtual Currencies (Yinfa [2026] No. 42). The Notice clarifies that virtual currencies, i…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central bank