失眠聚合群
--
Bearish
Again again again again!!! The central bank, in conjunction with the Ministry of Public Security, the Supreme Court, the Supreme People's Procuratorate, and 13 other departments, held a meeting to reiterate a core stance. Crackdown on #虚拟货币 , maintaining high pressure, and will not relent.
Key targets of this round of crackdown
1. OTC deposits and withdrawals
Whether individuals or cryptocurrency merchants, as long as they involve deposits and withdrawals through Alipay, WeChat, or bank cards, they fall into a high-risk zone.
WeChat Pay has already suspended a large number of accounts involved in cryptocurrencies through big data, and the capital chain has officially become a key monitoring target.
2. Activities related to stablecoins
The meeting clearly named that stablecoins carry extremely high risks in money laundering, cross-border transfers, and fraud.
In the next phase, there will be a stronger crackdown on 'trading with stablecoins,' and such activities will be directly targeted.
3. Illegal fundraising, pyramid schemes, and fraud under the guise of virtual currencies
Overall, this crackdown is a continuation of the normalization of regulation, and will not replay the large-scale turbulence of May 19, 2021. The necessary actions have already been taken in 2021-2022.
Exchanges, project parties, mining farms, and practitioners have mostly moved overseas, and there is a lack of sufficient leverage domestically.
For the vast majority of people participating in the cryptocurrency market domestically, the greatest legal risk is not the trading itself, not holding coins, not on-chain operations, but:
Withdrawals.
Cryptocurrency is opaque, cross-border is quick, and anonymity is strong. But the two aspects that regulation can truly grasp are: capital flow (which the banking system can see) and information flow (which social platforms can control).
WeChat Pay's big data has already confirmed the risks. In the past six months, WeChat Pay has directly initiated model controls, and many accounts have been suspended due to 'suspected virtual currency trading.'
As retail investors, reduce frequent, small, and chaotic transactions with multiple counterparties. Those that need to go overseas should do so. Hong Kong cards, overseas cards, and Hong Kong accounts will become a necessity.
#加密市场反弹
Key targets of this round of crackdown
1. OTC deposits and withdrawals
Whether individuals or cryptocurrency merchants, as long as they involve deposits and withdrawals through Alipay, WeChat, or bank cards, they fall into a high-risk zone.
WeChat Pay has already suspended a large number of accounts involved in cryptocurrencies through big data, and the capital chain has officially become a key monitoring target.
2. Activities related to stablecoins
The meeting clearly named that stablecoins carry extremely high risks in money laundering, cross-border transfers, and fraud.
In the next phase, there will be a stronger crackdown on 'trading with stablecoins,' and such activities will be directly targeted.
3. Illegal fundraising, pyramid schemes, and fraud under the guise of virtual currencies
Overall, this crackdown is a continuation of the normalization of regulation, and will not replay the large-scale turbulence of May 19, 2021. The necessary actions have already been taken in 2021-2022.
Exchanges, project parties, mining farms, and practitioners have mostly moved overseas, and there is a lack of sufficient leverage domestically.
For the vast majority of people participating in the cryptocurrency market domestically, the greatest legal risk is not the trading itself, not holding coins, not on-chain operations, but:
Withdrawals.
Cryptocurrency is opaque, cross-border is quick, and anonymity is strong. But the two aspects that regulation can truly grasp are: capital flow (which the banking system can see) and information flow (which social platforms can control).
WeChat Pay's big data has already confirmed the risks. In the past six months, WeChat Pay has directly initiated model controls, and many accounts have been suspended due to 'suspected virtual currency trading.'
As retail investors, reduce frequent, small, and chaotic transactions with multiple counterparties. Those that need to go overseas should do so. Hong Kong cards, overseas cards, and Hong Kong accounts will become a necessity.
#加密市场反弹
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0