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According to official social media news, Huobi HTX will hold a special live event "Huobi Karaoke King - Spring Festival Golden Melody Battle Night" on February 13 at 20:00, inviting He Youqian, the champion of the Beijing division of "The Voice of China," the Huobi team, and several crypto KOLs to perform. During the live broadcast, Huobi HTX spokesperson Molly will also draw Spring Festival gift boxes for users.

Hong Kong Victory Securities will officially close all virtual currency trading functions for users with Mainland China identities starting from the afternoon of February 9, 2026, retaining only withdrawal permissions and no longer supporting deposits and new transactions. The platform's gradual tightening of services for Mainland users, including the previous prohibition on purchases and the suspension of new address verification, aims to comply with the regulatory requirements of the Hong Kong Securities and Futures Commission and relevant policies in Mainland China.Currently, non-Mainland tax resident users can still use cryptocurrency trading services normally, and affected users can continue to withdraw their assets.

The heads of the People's Bank of China and the China Securities Regulatory Commission stated that the background for the release of the "Notice on Further Preventing and Dealing with Risks Related to Virtual Currencies" (hereinafter referred to as the "Notice") is: based on summarizing previous work experiences and in conjunction with the new risk situation, the original document has been revised to form the "Notice."In addition, this notice continues the policy stance of recent years, reiterating that virtual currencies do not have the same legal status as legal tender, and that conducting virtual currency-related business activities within the country is considered illegal financial activity. Foreign entities and individuals are not allowed to illegally provide virtual currency-related services to domestic entities in any form.In response to the rapid development of real-world asset tokenization in recent years, the "Notice" emphasizes that conducting real-world asset tokenization activities within the country, as well as providing related intermediary and information technology services, which may involve illegal issuance of token vouchers, unauthorized public issuance of securities, illegal operation of securities and futures businesses, and illegal fundraising, should be prohibited; except for related business activities conducted based on specific financial infrastructure with the approval of the competent business authorities in accordance with laws and regulations. Foreign entities and individuals are not allowed to illegally provide real-world asset tokenization-related services to domestic entities in any form.

The China Securities Regulatory Commission (CSRC) has issued the "Regulatory Guidelines on the Offshore Issuance of Asset-Backed Securities Tokens for Domestic Assets." The guidelines refer to the offshore issuance of asset-backed securities tokens for domestic assets as activities that issue tokenized equity certificates abroad, supported by cash flows generated from domestic assets or related asset rights, utilizing cryptographic technology and distributed ledger or similar technologies. The offshore issuance of asset-backed securities tokens for domestic assets must strictly comply with laws, administrative regulations, and relevant policy provisions regarding cross-border investment, foreign exchange management, network and data security, and must fulfill the approval, filing, or security review procedures required by the aforementioned regulatory authorities, without harming national interests and public welfare.It is mentioned that the China Securities Regulatory Commission will conduct strict regulation of the offshore issuance of asset-backed securities tokens for domestic assets in accordance with the law and regulations. Before carrying out related business, the domestic entity that actually controls the underlying assets must file with the CSRC, submitting the filing report, complete set of offshore issuance materials, and other relevant documents as required, fully explaining the information of the domestic filing entity, underlying asset information, token issuance plan, and other circumstances. The domestic filing entity and its controlling shareholders, actual controllers, directors, supervisors, senior management personnel, as well as relevant intermediary institutions must ensure that the filing materials provided are true, accurate, and complete, and must not contain false records, misleading statements, or significant omissions.

The People's Bank of China and eight other departments issued a notice on further preventing and addressing risks related to virtual currencies (Yin Fa [2026] No. 42), clarifying that virtual currencies do not have the status of legal tender, and related business activities are considered illegal financial activities.The notice prohibits the domestic conduct of virtual currency trading and the tokenization of real-world assets (RWA). Without approval from relevant departments, domestic entities are not allowed to issue virtual currencies or engage in tokenization activities overseas.Financial institutions are prohibited from providing services for related activities, and internet companies are not allowed to provide online venues or promotional activities. The notice requires strengthening risk monitoring and industry supervision, and severely cracking down on related illegal activities. This notice shall take effect from the date of issuance and simultaneously abolishes relevant provisions from 2021.

According to Xinhua News Agency, President Xi Jinping had a phone call with U.S. President Donald Trump.Trump stated that the United States and China are both great countries, and the U.S.-China relationship is the most important bilateral relationship in the world. I have a great relationship with President Xi Jinping, and I have great respect for him. Under the leadership of President Xi and myself, the U.S. and China have had good interactions in areas such as trade and economics. I am pleased to see China's success, and the U.S. is willing to strengthen cooperation with China to promote new developments in the bilateral relationship.

The Liangshan Yi Autonomous Prefecture of Sichuan Province, China, recently issued a notice titled "Notice on Prohibiting Virtual Currency Mining Activities," which clearly states that virtual currency "mining" activities are considered outdated production processes and equipment that have been explicitly eliminated by the state. Related business activities are deemed illegal financial activities and will face risks such as loan cuts, power cuts, internet cuts, and credit penalties, with relevant personnel being held accountable for party discipline, administrative discipline, and legal responsibilities.The notice emphasizes that civil legal actions related to investing in virtual currencies and their derivatives are invalid, and any resulting losses must be borne by the individuals themselves. To maintain social stability and regulate market order, the county of Butuo has proposed three measures: first, to prohibit all forms of virtual currency "mining" activities, including but not limited to Bitcoin and Ethereum; second, to require local township governments and regulatory authorities in the telecommunications and electricity sectors to strengthen inspections and supervision according to local and industry management principles, and to crack down on illegal "mining" activities; third, to encourage the public to report illegal "mining" activities.

The Shanghai headquarters of the People's Bank of China held a press conference for the first quarter of 2026, introducing the financial operation situation of Shanghai in 2025 and answering questions from reporters. Zhou Peng, deputy director of the Monetary Credit Research Department of the Shanghai headquarters, stated that the People's Bank of China has made a series of new progress in promoting the construction of Shanghai as an international financial center and has implemented the refinancing policy for blockchain letters of credit in the shipping trade zone.The international operation center for digital renminbi has officially started operations in Shanghai, and the pilot program for the multilateral central bank digital currency bridge is also being advanced. Efforts are being made to enable the function of using bank cards and digital renminbi hard wallets to pass through the gates across the entire Shanghai metro system, fully supporting the preparation and operation of the International Monetary Fund (IMF) Shanghai center.

According to a report by Jiemian News, the Cambodian Ministry of Foreign Affairs issued a statement regarding the repatriation of Chen Zhi to China, stating that the decision was made in accordance with Cambodian law and complies with relevant judicial assistance and legal cooperation procedures. Regarding the revocation of Chen Zhi's Cambodian nationality, the Cambodian Ministry of Foreign Affairs stated that the decision strictly follows the provisions of the law. If a naturalized citizen is found to have obtained Cambodian nationality through forged documents or by providing false information during the application process, the government has the right to revoke their nationality in accordance with the law.The statement emphasized that such actions demonstrate Cambodia's ongoing commitment to strengthening international cooperation to maintain peace, stability, and socio-economic development, and effectively combat transnational crime activities.

The Vice President of the Beijing Academy of Social Sciences and Executive Director of the China Finance Society, Fan Wenzhong, wrote an article in the Hong Kong Wen Wei Po titled "Steadily Promoting the Coordinated Innovation of Digital Renminbi and Hong Kong Stablecoins," in which he pointed out: Currently, the cross-border use of digital renminbi mainly relies on the internal regulations and pilot policies of the People's Bank of China, lacking clear legal authorization. It is suggested to add provisions in the revision of the "People's Bank of China Law" to clarify the cross-border payment functions of digital renminbi and the legality of its interconnection with compliant overseas digital currency systems, while striving to clarify the "special regulatory requirements and preferential policies for stablecoin issuing institutions that exchange with the mainland central bank's digital currency" in the implementation rules of Hong Kong's "Stablecoin Ordinance," forming a synergistic institutional force.

According to Jinshi News, Alibaba (BABA.N) has expanded its gains to 10%, and the Nasdaq Golden Dragon China Index is currently up nearly 4%.

Focusing on embodied intelligence, Chinese high-tech startup X Square Robot (X²) announced that it has completed a 1 billion yuan A++ round of financing. This round was jointly invested by top investment institutions and various local platforms, including ByteDance, Sequoia China, Beijing Information Industry Development Fund, Shenzhen Capital Group, Nanshan Zhanxin Investment, and Xichuang Investment.It is reported that this is also the first investment since the establishment of the Shenzhen Capital Group AI Fund. Notably, in addition to ByteDance, X Square has also received investments from Meituan and Alibaba in previous financing rounds, making it the only embodied intelligence company in China to be simultaneously invested in by these three major internet giants.

According to DLNews, by 2025, China is expected to add about 75,000 new blockchain startups, bringing the total number of registered blockchain companies in the country to nearly 290,000, marking the highest growth rate since 2021.The China Internet Investment Fund predicts that the scale of the blockchain industry could double to $1.4 billion by 2027. Chinese companies have applied blockchain in food traceability, supply chain finance, and the legal field.

The official WeChat account of the Industrial and Commercial Bank of China announced that it has successfully launched a pilot program for the cross-border digital payment platform using digital renminbi. Among them, the ICBC Singapore branch is actively implementing the innovative pilot project for overseas recharge of digital renminbi personal wallets as part of the 2025 China-Singapore Bilateral Cooperation Joint Committee (JCBC). The ICBC Vientiane branch and the ICBC Shandong branch successfully processed the first cross-border remittance under international trade using digital renminbi between China and Laos.

According to a reporter from the Guangxi International Communication Center (Cambodia) International Communication Liaison Station and a reporter from the Cambodia-China Times, Chen Zhi, the founder and chairman of Prince Group, has been arrested in Cambodia and has been sent back to China for investigation by the relevant authorities.

According to Jinshi, the People's Bank of China: China's gold reserves at the end of December reported 74.15 million ounces (approximately 2306.323 tons), an increase of 30,000 ounces (approximately 0.93 tons) month-on-month, marking the 14th consecutive month of increasing gold holdings.