Same hardness 🐻🐻 off stage

With the booming and widespread penetration of digital currencies, the supervision of cryptocurrencies around the world is also continuously strengthened. As an important member of the cryptocurrency market, China's regulatory policies have a profound impact on the overall direction of the industry with every adjustment. Recently, the State Administration of Foreign Exchange of China officially promulgated new foreign exchange regulatory regulations on December 31, 2024, explicitly requiring major banks to implement more stringent monitoring and marking measures for cryptocurrency transactions. This move not only demonstrates China's further tightening trend in the field of cryptocurrency regulation, but also aims to prevent and control potential financial risks from the source.