If you are doing well in the cryptocurrency circle and earn 1 million, will you be investigated when you withdraw the money? I believe that many people in the cryptocurrency circle are very concerned about this question. After all, who doesn’t want to know how to safely pocket the money they have worked so hard to earn?
First of all, it should be said that there is no absolute answer to this question. However, there are a few key points that can help you understand the situation you may be facing.
Amount: First of all, 1 million is not a small amount. Generally speaking, large-scale fund transfers, no matter in which country, may attract the attention of banks or relevant regulatory agencies. In China, large cross-border transfers are particularly concerned. Therefore, withdrawing such a large amount at one time may be marked as a suspicious transaction and then investigated.
Regulatory policies: China has very strict regulations on cryptocurrencies. Although there is no explicit prohibition on holding and trading cryptocurrencies, there are certain risks in directly converting them into RMB through exchanges and then transferring them to the banking system. This is because the government is very sensitive to the flow of such funds in order to prevent financial risks.
Money laundering prevention: It must be mentioned that any large amount of capital flow, especially related to cryptocurrency, may be suspected of money laundering. This requires you to provide proof of the legal source of funds. If you cannot prove that the money was earned legally, you may get into trouble. #BTC走势分析 $ETH $SOL $BNB
