Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

XRP To $13 in 40 Days? Analyst Predicts Explosive Final Rally

July 18, 2025

Trump aims to revolutionize 401(k) plans with crypto and Bitcoin tax breaks

July 18, 2025

DeFi backbone of ASI Alliance Singularity Finance unveils H2 2025 roadmap

July 18, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    Finland Joins The Bitcoin Conference Map With BTCHel

    July 18, 2025

    Bitcoin’s Correction Could Be the Setup for the Next Leg Up

    July 18, 2025

    Bitcoin Primed for Further Upside Based on Current Market Structure, Says Crypto Analytics Firm – Here’s the Outlook

    July 18, 2025

    Congress Fumbles GENIUS Act and CBDC Bills; What Went Wrong?

    July 17, 2025

    Ethereum’s countdown: 28-day fractal could unlock ETH rally IF…

    July 18, 2025

    Ether treasury company’s shares surge after Peter Thiel’s 9% stake announcement

    July 18, 2025

    Solana rally incoming? – How Ethereum could trigger SOL price surge

    July 18, 2025

    SharpLink now holds 280K ETH, flips Ethereum Foundation’s 241K stash: Will this change things?

    July 17, 2025

    XRP To $13 in 40 Days? Analyst Predicts Explosive Final Rally

    July 18, 2025

    Arthur Hayes says ‘ETH szn is here’ – Watch THESE 3 DeFi tokens next!

    July 18, 2025

    GENIUS Act Headed to Trump

    July 18, 2025

    Crypto Analytics Firm Swissblock Points to Further Bitcoin (BTC) Upside, Says Altseason May Already Be Here

    July 18, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    XRP To $13 in 40 Days? Analyst Predicts Explosive Final Rally

    July 18, 2025

    Trump aims to revolutionize 401(k) plans with crypto and Bitcoin tax breaks

    July 18, 2025

    DeFi backbone of ASI Alliance Singularity Finance unveils H2 2025 roadmap

    July 18, 2025

    SEC Considers Regulatory Tweaks to Support Tokenization Ecosystem

    July 18, 2025
  • DeFi

    DeFi backbone of ASI Alliance Singularity Finance unveils H2 2025 roadmap

    July 18, 2025

    Bitcoin FOMO sparks fresh inflows, is retail interest coming back?

    July 18, 2025

    Arthur Hayes-linked wallet bags $2M worth of AAVE and LDO in an OTC deal

    July 18, 2025

    Memecoins and DeFi beat Bitcoin as BONK, CRV, FRAX post over 20% gains in 24 hours

    July 17, 2025

    Best memecoins to buy right now: SPX, FLOKI, FARTCOIN

    July 17, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    SEC Considers Regulatory Tweaks to Support Tokenization Ecosystem

    July 18, 2025

    MetYa Partners with Conflux Network to Bolster AI-Led SocialFi Across Asia

    July 18, 2025

    Trump Admin Weighs Crypto in Retirement Portfolios: Report

    July 18, 2025

    Kadena Report Categorizes ERC-3643 as Top Standard in Compliant RWA Tokenization

    July 18, 2025

    AI-Generated Lcryx Ransomware Discovered in Cryptomining Botnet

    July 18, 2025

    MITRE Launches New Framework to Tackle Crypto Risks

    July 16, 2025

    Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines

    July 11, 2025

    Scam targets dormant Bitcoin wallets with fake legal notice

    July 9, 2025

    XRP To $13 in 40 Days? Analyst Predicts Explosive Final Rally

    July 18, 2025

    Trump aims to revolutionize 401(k) plans with crypto and Bitcoin tax breaks

    July 18, 2025

    DeFi backbone of ASI Alliance Singularity Finance unveils H2 2025 roadmap

    July 18, 2025

    SEC Considers Regulatory Tweaks to Support Tokenization Ecosystem

    July 18, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    On-Premise Web Content Management Market Drivers, Opportunities, Trends, and Forecasts by 2031

    July 18, 2025

    How Dolce & Gabbana Burned NFT Buyers and Evaded Blame

    July 18, 2025

    SaaS Mortgage Software Market Market Likely to Boost in Future: Ellie Mae, Black Knight

    July 18, 2025

    Waterleaf International Announces Appointment of Dave Burg to Board of Directors

    July 17, 2025

    OpenSea’s Rally Acquisition Signals a Shift—But Toward What?

    July 18, 2025

    CARV Joins Anomaly Games to Redefine AI-Led Gaming Interoperability

    July 18, 2025

    GaFin Joins Efforts with Helium Wars to Redefine the Future of Web3 Gaming

    July 16, 2025

    Crypto games are struggling in 2025, but big brands aren’t giving up

    July 16, 2025

    XRP To $13 in 40 Days? Analyst Predicts Explosive Final Rally

    July 18, 2025

    Trump aims to revolutionize 401(k) plans with crypto and Bitcoin tax breaks

    July 18, 2025

    DeFi backbone of ASI Alliance Singularity Finance unveils H2 2025 roadmap

    July 18, 2025

    SEC Considers Regulatory Tweaks to Support Tokenization Ecosystem

    July 18, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    CLARITY Act Could be a Game Changer for Institutional Adoption of Crypto: Benchmark

    July 18, 2025

    Nasdaq applies to include staking in BlackRock’s Ethereum ETF as SEC weighs broader industry requests

    July 18, 2025

    Congress To Start ‘Crypto Week’ to Decide U.S. Digital Asset Regulation

    July 18, 2025

    Congress moves forward on digital asset regulations with GENIUS, CLARITY Acts

    July 18, 2025

    Trump aims to revolutionize 401(k) plans with crypto and Bitcoin tax breaks

    July 18, 2025

    Bitcoin Standard to go public on Nasdaq with 30,021 Bitcoin treasury following Cantor merger

    July 18, 2025

    Bit Origin lines up $500M to build Dogecoin treasury as corporate altcoin bets expand

    July 18, 2025

    DV8 completes first step in Thai crypto treasury pivot with 99.9% warrant execution

    July 17, 2025

    XRP To $13 in 40 Days? Analyst Predicts Explosive Final Rally

    July 18, 2025

    Trump aims to revolutionize 401(k) plans with crypto and Bitcoin tax breaks

    July 18, 2025

    DeFi backbone of ASI Alliance Singularity Finance unveils H2 2025 roadmap

    July 18, 2025

    SEC Considers Regulatory Tweaks to Support Tokenization Ecosystem

    July 18, 2025
  • Analysis

    Ripple’s XRP Hits New ATH Following Successful Crypto Week

    July 18, 2025

    Bitcoin Standard Treasury Company Announces Plans To Go Public by Combining With Cantor Equity Partners

    July 18, 2025

    Ethereum rallies as traders bet on $4K target and altcoin season

    July 17, 2025

    XRP Price Prediction For July 17

    July 17, 2025

    Top Crypto Exchange by Trading Volume Binance Announces Airdrop for New Ethereum (ETH) Ecosystem Altcoin

    July 17, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Is Tokenization?

    July 11, 2025

    What Are Internet Capital Markets? Why Companies Are Launching Meme Coins

    June 16, 2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

    May 19, 2025

    Binance, Coinbase feud heats up amid Bloomberg report dispute

    July 15, 2025

    Binance processes $125 trillion trades as users exceed 280 million

    July 15, 2025

    Bitget Wallet launches new Pump.fun integrated mobile app for meme coin trading

    July 13, 2025

    Binance allegedly wrote the code for WLFI’s stablecoin USD1

    July 12, 2025

    XRP To $13 in 40 Days? Analyst Predicts Explosive Final Rally

    July 18, 2025

    Trump aims to revolutionize 401(k) plans with crypto and Bitcoin tax breaks

    July 18, 2025

    DeFi backbone of ASI Alliance Singularity Finance unveils H2 2025 roadmap

    July 18, 2025

    SEC Considers Regulatory Tweaks to Support Tokenization Ecosystem

    July 18, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»Taxes & Regulation»China tightens grip on crypto with new foreign exchange rules
Taxes & Regulation

China tightens grip on crypto with new foreign exchange rules

January 2, 2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

China has recently implemented new regulations aimed at identifying and monitoring risky foreign exchange activities, particularly those involving cryptocurrencies. The State Administration of Foreign Exchange has instructed banks to keep a close eye on suspicious transactions related to cross-border gambling, underground financial networks, and unauthorized crypto dealings.

Under these new rules, banks are required to gather information on the individuals and entities involved in these transactions, including their sources of funds and trading patterns. Legal experts believe that these regulations represent a tightening of China’s grip on the crypto industry, signaling the government’s determination to maintain control.

China has long taken a cautious approach to cryptocurrencies, implementing strict rules on activities such as Bitcoin trading and mining due to concerns about their impact on financial stability. However, recent developments suggest a shift in attitude towards the industry.

In its 2024 Financial Stability Report, the People’s Bank of China praised Hong Kong for its leadership in crypto regulation and emphasized the importance of establishing robust frameworks for overseeing digital assets in line with global standards. Additionally, a Chinese court has ruled that owning cryptocurrencies is legal, albeit with restrictions on their use as a form of payment or investment.

Despite acknowledging the potential benefits of the crypto sector, Chinese regulators remain wary of the risks associated with widespread adoption. They caution against integrating cryptocurrencies into payment systems and retail investments, citing potential threats to financial stability.

Overall, China’s evolving approach to cryptocurrencies reflects a delicate balance between recognizing the industry’s significance and maintaining regulatory control. As the global crypto landscape continues to evolve, it will be interesting to see how China adapts its policies to navigate this rapidly changing market.

See also  Gotbit Founder Forfeits $23M in Crypto Market Manipulation Plea Deal
China Crypto Exchange foreign grip Rules tightens
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump aims to revolutionize 401(k) plans with crypto and Bitcoin tax breaks

July 18, 2025

CLARITY Act Could be a Game Changer for Institutional Adoption of Crypto: Benchmark

July 18, 2025

Trump Admin Weighs Crypto in Retirement Portfolios: Report

July 18, 2025

Nasdaq applies to include staking in BlackRock’s Ethereum ETF as SEC weighs broader industry requests

July 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Crypto Scammer’s Sentence Jumps from 18 Months to 12 Years in $20M Fraud Case

July 11, 2025

Ethereum Foundation embraces DeFi borrowing $2M in stablecoins on Aave using ETH collateral

May 30, 2025

SUI Price To 2X This AltSeason As Indicators Turn Bullish?

December 13, 2024
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

XRP To $13 in 40 Days? Analyst Predicts Explosive Final Rally

July 18, 2025

Trump aims to revolutionize 401(k) plans with crypto and Bitcoin tax breaks

July 18, 2025

DeFi backbone of ASI Alliance Singularity Finance unveils H2 2025 roadmap

July 18, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.