中美经济大战升级！中国13部门联合围剿，禁止美国靠虚拟货币平债

Core Viewpoint - The cryptocurrency landscape is shifting as some Western countries are easing restrictions on virtual currencies to gain an advantage in the digital finance sector [1][19]. Regulatory Actions - A meeting led by the central bank on November 28 involved 13 key departments, signaling a strong commitment to combat illegal financial activities related to virtual currencies [1][3]. - The meeting emphasized the need for a multi-departmental approach to address the cross-regional and cross-sector risks associated with cryptocurrency trading [7][9]. Focus on Stablecoins - Stablecoins have been identified as a primary target for regulatory scrutiny due to their perceived safety and potential use in illegal activities [8][13]. - The lack of stringent identity verification processes in stablecoin transactions increases the risk of money laundering and fraud [11][13]. International Context - The global financial community is increasingly cautious about stablecoins, with concerns about their compliance with anti-money laundering standards [15][17]. - China's strict regulation of stablecoins aligns with international regulatory consensus and aims to protect national financial security [17][19]. Innovation vs. Regulation - China is pursuing a dual-track approach, maintaining strict regulations on virtual currencies while promoting the pilot and application of the digital yuan [21][23]. - The regulatory framework in Hong Kong allows for compliant stablecoin operations, showcasing a balance between risk management and innovation [21][23]. Investor Implications - The joint statement from the 13 departments serves as a clear warning to investors that participation in virtual currency activities may lead to financial losses and legal consequences [25]. Future Outlook - China is committed to integrating technological innovation within the framework of national sovereignty, indicating a strategic approach to the evolving global financial landscape [26].