ilmscore | Prediction Details
"banks are now required to track and Report the movement of funds that may be used for among other things illegal crossborder Financial activities involving crypto notably this includes the conversion of Chinese yuan into crypto and subsequent exchanges for foreign currencies"
By Coin Bureau | January 19, 2025 | Pending
From video
China's Bitcoin Reserve!? What It Could Mean For Crypto!! 00:06:13 - 00:06:30
Interpreted Prediction
Banks in China are mandated to track and report fund movements, including the conversion of Yuan to crypto and then to foreign currencies, which could be used for illegal cross-border activities.

Prediction Details

Topic
China's Crypto Policy

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