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Bitcoin.com 2024-02-01 00:00:58

China’s AML Legal Framework Set to Target Cryptocurrency Transactions in Major Update

As part of its ongoing efforts to modernize financial regulations, China is revising its Anti-Money Laundering laws to include stringent measures against cryptocurrency-related transactions. This revision, the first since 2007, aims to plug the legal gaps exploited in the burgeoning world of digital currencies. China to Tighten Grip on Digital Assets With Revised Anti-Money Laundering

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