chinacrypto

Will China develop digital currency like the European Union? How do experts view future trends?
In recent years, digital currency has become an important topic in the transformation of the global financial system. Regarding this trend, whether China will promote the development of official digital currency like the European Union has become a widely discussed topic among the market and investors. In fact, rather than asking whether China 'will' launch digital currency, it is more accurate to say that China is already at the forefront in this field.
The People's Bank of China initiated research and pilot work on the digital renminbi (e-CNY) many years ago. Unlike decentralized cryptocurrencies, the digital renminbi is a digital form of legal currency backed by state credit, aimed at improving payment efficiency, enhancing the transparency of the financial system, and promoting the application of the renminbi in the digital economy era. Many financial experts point out that the core goal of China's promotion of digital currency is to optimize the domestic payment system, rather than to replace existing cash or compete with crypto assets.

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The cryptocurrency market finds itself at a curious crossroads in February 2026. Bitcoin is flashing "going to zero" searches on Google, sentiment on social media is hitting one of its lowest points in a year, and Federal Reserve voices are still calling crypto "utterly useless." And yet — beneath the noise — something quietly constructive is happening.
The Board of Peace: Institutions Building Bridges
If there's a "board of peace" in crypto right now, it's being assembled in boardrooms, not blockchains. CME Group just announced it will launch 24/7 cryptocurrency futures and options trading starting May 29th — a landmark move that finally aligns crypto's round-the-clock reality with institutional infrastructure. For years, the mismatch between Wall Street's 9-to-5 and crypto's always-on markets created friction and risk. That gap is closing.
Meanwhile, sovereign wealth funds and major financial institutions are quietly increasing their crypto exposure. White House crypto policy adviser Patrick Witt stated plainly this week that regulatory clarity could unlock "trillions of dollars in institutional capital sitting on the sidelines." The Clarity Act, if passed, could be the most consequential peace treaty between traditional finance and digital assets in history.
Social Sentiment: Wounded But Resilient
Despite the market turbulence, social sentiment around crypto sits at 78% positive — well above the 34% floor hit during the panic of April 2025. Mentions are up 37% from last month. The community, though bruised, is talking more, not less.
The Challenges That Remain
Peace never comes without honest reckoning. Cryptocurrency continues to be exploited in fraud, investment scams, and illicit networks. These aren't fringe issues — they dominate the critical side of the conversation and are legitimate obstacles to broader adoption. Any real board of peace in crypto must include robust consumer protections and law enforcement frameworks alongside innovation.
The Takeaway
The crypto market in early 2026 is not in collapse — it's in consolidation. The builders are quiet but active. Regulation is advancing. Institutions are positioning. The 24/7 nature of digital assets is finally being embraced rather than resisted. The peace being built here isn't made of handshakes and headlines. It's made of infrastructure, policy, and patience.
The noise belongs to the bears. The architecture belongs to the future.#BinanceSquareTalks #ChinaCrypto

Gold prices showed a mild rebound today amid ongoing volatility, trading around $4,900–$4,930 per ounce globally after recent dips influenced by a stronger US Dollar and reduced activity during China's Lunar New Year holiday.
Global Spot Price — Spot gold recovered slightly to approximately $4,915–$4,930 per ounce (up ~0.7–0.8% in some sessions), snapping a short losing streak. Prices dipped toward $4,870 earlier due to holiday-thinned liquidity but found support from dip-buying and reassessed Fed policy expectations. Key Drivers — China's week-long Lunar New Year holiday (through February 23) has dented physical demand and trading volumes on the Shanghai Gold Exchange, creating a temporary "liquidity vacuum." Despite this, structural support remains from robust Chinese retail/investment buying earlier in 2026, central bank purchases, and safe-haven flows amid geopolitical uncertainties. Speculative activity in China has fueled prior rallies, but holiday closures contributed to the recent pullback. Technical Outlook — Price action remains corrective after January's record highs near $5,600+. Key support at $4,850–$4,880; resistance near $4,950–$5,000. A hold above $4,900 could signal stabilization, while renewed dollar strength risks further consolidation.
4.In China — Local gold rates track global trends closely, with 24K gold around ¥1,090–¥1,120 per gram (or equivalent in yuan per ounce ~¥33,900–¥34,000), reflecting minor premiums amid holiday subdued demand and yuan dynamics.

Short-term View — Holiday-reduced liquidity likely caps big moves, with mild rebound intact but volatility high. Await US data (e.g., Fed minutes) and post-holiday resumption of Chinese buying for direction. Long-term bullish bias persists — driven by China's strong consumer/investment demand, de-dollarization trends, and global uncertainties.