The People's Bank of China: In 2026, it will strengthen the regulation of virtual currency transactions and steadily develop the digital yuan.

PANews reported on January 6th that the 2026 Working Conference of the People's Bank of China was held from January 5th to 6th. The conference summarized the work of 2025, highlighting the active promotion of global financial governance reform and improvement, further enhancement of financial management and service levels, and the precise governance of "money chains" involved in fraud and gambling. It also emphasized strengthening the supervision of virtual currency transactions, enhancing cash supply guarantees, and optimizing the digital RMB management system. Key tasks for 2026 include: improving the infrastructure for cross-border RMB use, strengthening the supervision of virtual currencies, and continuing to combat related illegal and criminal activities. It also includes deepening technological management and innovative applications, and steadily developing the digital RMB.