China Enforces Stricter Crypto Monitoring to Curb Illegal Transactions

China’s overseas speech regulator has imposed stricter controls connected cryptocurrency-related activities, requiring banks to show and study high-risk trades. The State Administration of Foreign Exchange (SAFE) mandates that banks way overseas speech behaviors linked to underground banking, cross-border gambling, and amerciable crypto transactions. These measures compel banks to measure the identity, funds, and frequence of […]