China Enforces Stricter Crypto Monitoring to Curb Illegal Transactions

China’s overseas alternate regulator has imposed stricter controls on cryptocurrency-related actions, requiring banks to watch and report high-risk trades. The State Administration of International Change (SAFE) mandates that banks observe overseas alternate behaviors linked to underground banking, cross-border playing, and unlawful crypto transactions. These measures compel banks to evaluate the id, funds, and frequency of […]



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