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法规
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Why is it said that the difficulty and risk of domestic deposits and withdrawals are increasing? The State Administration of Foreign Exchange has issued management measures for illegal cross-border financial activities of virtual currencies, etc., and Article 3 here clearly defines cross-border financial activities of virtual currencies as foreign exchange risk transactions. What does it mean? As Yudong mentioned before, it will become increasingly difficult to exchange virtual currencies through domestic bank cards/WeChat/Alipay and other payment channels in the future, and the freezing of cards will become more and more frequent. Moreover, this is not manual monitoring, but AI automatic processing. #法规 #中国政策 $BTC {spot}(BTCUSDT)
Why is it said that the difficulty and risk of domestic deposits and withdrawals are increasing? The State Administration of Foreign Exchange has issued management measures for illegal cross-border financial activities of virtual currencies, etc., and Article 3 here clearly defines cross-border financial activities of virtual currencies as foreign exchange risk transactions.
What does it mean?
As Yudong mentioned before, it will become increasingly difficult to exchange virtual currencies through domestic bank cards/WeChat/Alipay and other payment channels in the future, and the freezing of cards will become more and more frequent. Moreover, this is not manual monitoring, but AI automatic processing.
#法规 #中国政策
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现在支付宝入金也经常被中断交易怎么解
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EU agency says cryptocurrency firms can sometimes offer services to non-European usersForeign customers may be able to activate the services of an EU company. The European Securities and Markets Authority (ESMA) said on January 29 that cryptocurrency companies in the EU can provide services to non-EU customers under certain circumstances. ESMA wrote in a statement: “The proposed guidance confirms ESMA’s previous information that, under MiCA, cryptoasset services provided by third country companies are limited to situations where the customer is the sole originator of the service.” ESMA also said the allowance, known as the reverse solicitation exemption, was narrow in scope and was strictly an exemption.

EU agency says cryptocurrency firms can sometimes offer services to non-European users

Foreign customers may be able to activate the services of an EU company.

The European Securities and Markets Authority (ESMA) said on January 29 that cryptocurrency companies in the EU can provide services to non-EU customers under certain circumstances.
ESMA wrote in a statement:
“The proposed guidance confirms ESMA’s previous information that, under MiCA, cryptoasset services provided by third country companies are limited to situations where the customer is the sole originator of the service.”
ESMA also said the allowance, known as the reverse solicitation exemption, was narrow in scope and was strictly an exemption.
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Cryptocurrency advocate Samson Mow warns: Beware of sudden changes in politicians' stance on cryptocurrenciesIn a recent analysis of the evolving cryptocurrency landscape, Bitcoin advocate Samson Mow expressed skepticism about politicians’ growing support for digital assets. Mow warned that this temporary change could cause problems in the future if the fundamental characteristics of Bitcoin and other cryptocurrencies are confused. Lack of differentiation between Bitcoin and other cryptocurrencies One of Mow’s main concerns is that many politicians fail to differentiate between Bitcoin and other cryptocurrencies. He stressed that Bitcoin, with its decentralized, permissionless and censorship-resistant characteristics, is distinct from many other digital currency projects that may have different characteristics and risk profiles.

Cryptocurrency advocate Samson Mow warns: Beware of sudden changes in politicians' stance on cryptocurrencies

In a recent analysis of the evolving cryptocurrency landscape, Bitcoin advocate Samson Mow expressed skepticism about politicians’ growing support for digital assets. Mow warned that this temporary change could cause problems in the future if the fundamental characteristics of Bitcoin and other cryptocurrencies are confused.
Lack of differentiation between Bitcoin and other cryptocurrencies
One of Mow’s main concerns is that many politicians fail to differentiate between Bitcoin and other cryptocurrencies. He stressed that Bitcoin, with its decentralized, permissionless and censorship-resistant characteristics, is distinct from many other digital currency projects that may have different characteristics and risk profiles.
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