The new Anti-Money Laundering Law is coming in January next year! The difficulty of cashing out from cryptocurrency trading may increase!

If you made a big profit from trading cryptocurrencies and want to directly withdraw to a mainland bank account, this may trigger the bank's anti-money laundering monitoring, leading to account freezes, asset confiscation, and a series of troubles. Especially with stablecoins like USDT, if not handled properly, you may also face legal risks!

But don't worry, there are still legal and safe ways to smoothly complete cash withdrawals. Here are two references:

1. Withdraw USDT from the exchange to BiyaPay

BiyaPay is an electronic wallet with a legal license in the United States, and you can withdraw USDT to BiyaPay and exchange it 1:1 for US dollars. After that, withdrawing to a legal bank account becomes very simple.

Taking Wise as an example: once the funds arrive at Wise, you can directly withdraw to Alipay, WeChat, or Bank of China. However, it is important to note that Wise has a limit on the amount.

2. Withdraw USDT from the exchange to Kraken

Kraken is an exchange with a legal license in the UK, and you can withdraw USDT to Kraken and then transfer it to IFast UK bank.

These paths fully comply with regulatory requirements, and the flow of funds is clear and legal. Although there will be some fees and exchange losses, the overall process is absolutely reliable. #比特币战略储备 #USUAL现货即将上线 $AVA