Since December, there are the following 3 situations that will be重点监管 (strictly regulated) for large transactions in the cryptocurrency circle:

First, cash in the account exceeds 50,000; second, public account transfers exceed 2,000,000; third, private account transactions within the country exceed 500,000 or abroad exceed 200,000. In addition, large transactions through third-party payment institutions such as WeChat and Alipay will also be inspected. Using Alipay and WeChat for payments involves 4 major risks:

- Value-added tax risk: There may be issues with value-added tax due to non-compliance with tax regulations regarding payment methods.

- Corporate income tax risk: When receiving payments, there may be underreporting or concealment of income, and if there is a discrepancy in transaction documents (three flows not consistent), it will be regarded as "tax evasion," and there is also a risk of receiving false invoices.

- Personal income tax risk: Paying salaries using these methods may lead to underreporting or evasion of individual income tax.

- Corporate management risk: Long-term use of Alipay and WeChat for payments may result in unlimited liability for operators if the company becomes insolvent.

Brothers in the cryptocurrency circle are facing increasing difficulties and risks, and must treat related transactions more cautiously. Recently, a relatively good meme coin has been lurking, with a low market value and high popularity, over 16,000 holders on the Ethereum chain, and most importantly, it is very stable and will not go to zero. It is the Musk Doge PP.