Why does the money turn into dirty money when it comes to me, but no one else gets caught? 😅

New "Anti-Money Laundering Law" enacted, strict regulation for virtual currency trading! 💥

Breaking news! Starting from January 2025, China will implement a brand new "Anti-Money Laundering Law," officially bringing virtual currency trading under regulatory oversight, aiming to crack down hard on money laundering and other illegal activities! Here are three major points that will shake the cryptocurrency world:

1. Upgrade in the definition of money laundering crimes: Virtual currency trading is formally included in the anti-money laundering regulatory network, making illegal money laundering nowhere to hide!

2. Legal currency payment mandate: The law clearly states that salary payments must be made in legal currency, and virtual currency cannot be substituted!

3. Comprehensive upgrade of compliance requirements: Trading platforms will face stricter anti-money laundering reviews, with user identity verification and tracking of transaction fund flows being indispensable! However, please note that individuals and businesses can still legally participate in virtual currency trading, but must strictly comply with the new regulations!

The cryptocurrency landscape is changing rapidly, what impact will the new regulations bring? Let’s wait and see!

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