#BinanceBlockchainWeek Regulators knocking on the door again? Don’t panic, it really doesn’t concern you much
In the past few days, the central bank has spoken out again, saying it will continue to crack down on illegal financial activities involving virtual currencies. Many people got nervous when they saw this, thinking another big purge was coming.
But if you look at it calmly, what are they really targeting this time?
Cross-border currency exchange, underground banks, money laundering through “point running”—those gray channels that convert large amounts of RMB into USDT and move it out of