币界网报道：China's central bank, the People's Bank of China (PBoC), has issued new regulations targeting offshore yuan-backed stablecoins, citing concerns over financial stability and currency sovereignty. The rules prohibit domestic institutions from providing services related to such stablecoins, including trading, clearing, and settlement. The PBoC warned that these digital assets could undermine China's capital controls and monetary policy effectiveness. This move follows China's broader crackdown on cryptocurrencies, including banning crypto trading and mining in 2021. Analysts suggest the regulations aim to prevent potential capital flight and maintain tight control over the yuan's exchange rate. The central bank emphasized that only authorized institutions can issue yuan-linked digital currencies, reaffirming its push for the digital yuan (e-CNY) as the sole official digital currency. Industry observers note this could impact popular offshore yuan-pegged stablecoins like CNHT, though their exact circulation remains unclear. The PBoC stated it will strengthen monitoring of cross-border crypto activities and take "resolute measures" against violations.