Beijing Disposes Seized Cryptocurrencies via Hong Kong Exchanges for State Treasury
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最新报道：Beijing has begun disposing of seized cryptocurrencies by transferring them to Hong Kong exchanges, with proceeds going to the state treasury. The move follows China's 2021 crypto trading ban, as authorities seek to legally liquidate confiscated digital assets. Officials emphasized strict adherence to anti-money laundering regulations during the process. This marks one of the first large-scale government crypto disposals since the ban, highlighting Beijing's continued control over digital asset flows despite restrictive policies. The operation involves cooperation between mainland and Hong Kong financial regulators to ensure compliance.
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