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Alert
China Escalates Crypto Regulation with Focus on Stablecoins and Expanded Agency Oversight
12/01/2025, 08:45
12/01/2025, 09:06
AI SUMMARY
●China expands regulatory body to include Ministry of Justice and Central Financial Office.
●Primary enforcement focus shifts to stablecoins and illegal activities.
●Authorities establishing a comprehensive monitoring system for crypto transactions.
Analysis indicates that China has significantly upgraded its cryptocurrency regulatory framework compared to the measures established in 2021. The regulatory lineup has been expanded to include the Ministry of Justice, the Central Financial Office, and the State Financial Regulatory Administration, signaling a more robust and coordinated government approach.
A primary shift in this renewed crackdown is the specific emphasis on "stablecoins" as a core area for strict enforcement. Unlike previous broad bans, authorities are now targeting the specific mechanisms used for value transfer and settlement.
Furthermore, authorities are reportedly building a "full-chain" comprehensive monitoring system designed to track and combat cryptocurrency-related illegal activities effectively. This marks a continued and upgraded stance on the ban of crypto trading and speculation within the country.
[Update 1] New reports confirm the expanded regulatory body now explicitly includes the Ministry of Justice and Central Financial Office. The updated enforcement strategy places stablecoins at the center of its crackdown efforts.