# RMB
Latest news and articles about RMB
Total: 4 articles found
China Tightens Noose on Tokenised Assets: Domestic Ban on RWA Tokenisation and Offshore Clampdown on RMB Stablecoins
China has tightened crypto regulation by banning onshore tokenisation of real-world assets and forbidding domestic parties from issuing RMB-pegged stablecoins overseas. The twin actions aim to curb disguised fundraising, clarify legal ties between tokens and underlying assets, block cross-border regulatory arbitrage, and steer activity into sanctioned, supervised channels.
China’s Central Bank Keeps Buying Gold — Small Steps, Strategic Shift
China’s central bank increased its gold holdings for the 15th month in a row to 74.19 million ounces at end-January 2026, adding roughly 40,000 ounces. Foreign-exchange reserves rose to $3.399 trillion, helped by a weaker dollar and asset price gains; analysts see Beijing’s modest, persistent gold buying as a cautious move to diversify reserves.
PBOC to Inject Rmb900bn via One‑Year MLF; A Measured Push to Keep Liquidity Ample
The People’s Bank of China will inject Rmb900 billion into the banking system via a one‑year MLF on 23 January, using rate bidding and multi‑price allotment. The move is a targeted liquidity operation intended to keep funding conditions ample and signal pragmatic, market‑oriented policy management amid a modest easing backdrop.
Hedge Funds Pile Into the Yuan as Big Asset Managers Hold Back
Hedge funds have been increasingly buying offshore renminbi positions and Chinese bonds, betting on further yuan appreciation after the currency breached 7 late in 2025. Large institutional asset managers remain cautious, citing process constraints, limited convertibility and uncertainty over China’s economic momentum, producing a market split that could amplify volatility if a Fed-driven dollar sell-off materialises.