In 2013, 2017, and 2021, the documents related to the Bitcoin crypto world were all led by the Central Bank. This time, in addition to the record number of ministries, the Ministry of Public Security ranks first for the first time, and the Cyberspace Administration is also ahead of the Central Bank, indicating a shift from past financial regulatory issues to security + network + criminal issues.
At the end of the article, there is a statement "improve policies and legal basis", indicating that there is a high possibility of legislative proposals and judicial interpretations emerging in the next 1-2 years, with a slightly higher probability for judicial interpretations. Stablecoins have been singled out, likely due to their convenience; essentially, they are an extension of the US dollar and may be targeted significantly. First proposed to focus on information flow and capital flow, which is consistent with the United States and the European Union, concentrating on the on-chain law enforcement approach.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
In 2013, 2017, and 2021, the documents related to the Bitcoin crypto world were all led by the Central Bank. This time, in addition to the record number of ministries, the Ministry of Public Security ranks first for the first time, and the Cyberspace Administration is also ahead of the Central Bank, indicating a shift from past financial regulatory issues to security + network + criminal issues.
At the end of the article, there is a statement "improve policies and legal basis", indicating that there is a high possibility of legislative proposals and judicial interpretations emerging in the next 1-2 years, with a slightly higher probability for judicial interpretations.
Stablecoins have been singled out, likely due to their convenience; essentially, they are an extension of the US dollar and may be targeted significantly.
First proposed to focus on information flow and capital flow, which is consistent with the United States and the European Union, concentrating on the on-chain law enforcement approach.