中國收緊加密貨幣監管，使投資者更難交易比特幣等數位資產

中國外匯監管機構宣布了針對高風險金融活動的新規定。這些規則將使內地投資者更難交易加密貨幣

China’s foreign exchange regulator has announced new rules targeting risky financial activities, making it harder for mainland investors to trade crypto such as Bitcoin.

中國外匯監管機構宣布了針對高風險金融活動的新規定，使內地投資者更難交易比特幣等加密貨幣。

The State Administration of Foreign Exchange (SAFE) unveiled the new regulations last week. Under the new guidelines, banks are now required to monitor and report any risky foreign exchange activities, including underground banking, cross border gambling and any illegal activities that involve cryptocurrencies.

國家外匯管理局（SAFE）上周公布了新規定。根據新的指導方針，銀行現在必須監控和報告任何有風險的外匯活動，包括地下錢莊、跨境賭博和任何涉及加密貨幣的非法活動。

Moreover, banks are also instructed to scrutinize all these obtained activities based on the identities of these parties, the source of funds and the frequency of these transactions.

此外，銀行還被指示根據各方的身份、資金來源和交易頻率來審查所有這些獲得的活動。

As part of the broader strategy to tighten control of cryptocurrency trade and the country’s financial system, banks are also obliged to take risk control measures. To do so, they must restrict services to any risky activity entities.

作為加強對加密貨幣交易和國家金融體系控制的更廣泛策略的一部分，銀行也有義務採取風險控制措施。為此，他們必須限制向任何有風險的活動實體提供服務。

The move is in line with China’s sustained campaign against digital currencies. Bitcoins have been banned in China, and all Bitcoin operations have been illegal since 2021. Since their inception, cryptocurrencies have effectively been prohibited in that country. In addition, the government continuously enhanced its regulations to eradicate the influence of digital assets.

此舉符合中國持續打擊數位貨幣的行動。比特幣在中國已被禁止，自 2021 年以來所有比特幣操作都是非法的。此外，政府不斷加強監管，消除數位資產的影響。

China Continues Ban on Crypto Mining and Trading Remains Firm

中國繼續禁止加密貨幣挖礦和交易

China started controlling cryptocurrencies in 2017. During that time, ICOs were banned and the government ordered cryptocurrency exchanges to shut down. In 2021 once authorities banned bitcoin mining, the crackdown intensified. This is how China has pretty much entirely put an end to any legal cryptocurrency activity in its borders.

中國於 2017 年開始控制加密貨幣。 2021年，當局禁止比特幣挖礦後，打擊力道加大。這就是中國幾乎完全結束其境內任何合法加密貨幣活動的方式。

While the interest in cryptocurrencies worldwide is growing, China remains unmoved. But some of the recent rally in bitcoin prices have also led to calls for a policy change away from the government’s capitulation to digital currencies.

儘管全球對加密貨幣的興趣不斷增長，但中國仍然不為所動。但最近比特幣價格的上漲也引發了人們呼籲改變政府對數位貨幣的政策。

Using cryptocurrency for criminal activities is against the law, China’s Supreme People’s Court ruled in August 2023. This is adding to the legal risks for cryptocurrency traders in China. In addition, the Supreme People’s Procuratorate and SAFE (State Administration of Foreign Exchange) have both issued requests for further supervision on overseas exchange activities. Stablecoins like Tether fall into this, with stricter oversight required.

中國最高法院於 2023 年 8 月裁定，利用加密貨幣進行犯罪活動是違法的。此外，最高人民檢察院、國家外匯管理局均已發出要求，要求加強對境外兌換活動的監管。像 Tether 這樣的穩定幣就屬於這種情況，需要更嚴格的監管。

However, with China enforcing such regulations, it is unknown whether such will affect the local and international cryptocurrency markets.

然而，隨著中國實施此類法規，尚不清楚這是否會影響本地和國際加密貨幣市場。