The People's Bank of China and other departments issued a notice on further preventing and addressing risks related to virtual currencies and other related activities. (Yinfa [2026] No. 42).


The notice clarifies the essential attributes of virtual currencies, tokenization of real-world assets, and related business activities. Virtual currencies do not have the same legal status as legal tender.
‍BTC, ETH, $USDT , and other virtual currencies are characterized by being issued outside of monetary authorities, utilizing encryption technology and distributed ledger or similar technology, and existing in digital form. They do not have legal tender status and should not and cannot be used as currency in the market.
‍$BTC$ETH $SOL
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ETH6,87%
SOL5,93%
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