China drafts rule banning illegal e-cigarette production and sales

This is a Chinese tobacco-control measure, not a crypto or RWA development, so its relevance to digital-asset markets is essentially nil. The draft targets illegal e-cigarette production and sales under existing tobacco monopoly and market-regulation authority, and it is only at the public-comment stage, with feedback due October 29, 2026. Whether the notice advances into a final rule, and how enforcement is allocated across the three agencies, is the open question worth tracking for anyone monitoring China's broader regulatory posture.