cryptohunter
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Chinese residents with offshore accounts must tell the government about their money matters abroad. This includes opening, keeping, or closing accounts, and details of transactions. The goal is to stop money from leaving the country, keep an eye on transactions across borders, and make sure everyone follows the money rules.
To make sure people follow these rules, the government does regular checks to make sure the info given is true. They also use tech to watch transactions and find any weird or rule-breaking stuff.
To make sure people follow these rules, the government does regular checks to make sure the info given is true. They also use tech to watch transactions and find any weird or rule-breaking stuff.
