During a speech at the late November summit on financial national security, the director of the anti-money laundering (AML) department of the People's Bank of China (PBoC) Gou Wenjun, stated that he was concerned about how the situation with the cryptocurrency was developing and suggested monitoring activities related to with crypt, NFT and metauniverses. Gou Wenjun says he is concerned about the fact that cryptocurrency will not be regulated in any way, although he noted the benefits that crypto can bring for the privacy of people's personal savings.
The main reason for concern is that the isolation of crypts can also be misused for illegal activities, possible tax evasion and used as a tool for money laundering. It would seem that, against the background of all the advantages, such a possibility exists, and a fine line remains between good and evil. A plan to develop virtual assets was proposed, Wenjun said that China needs to:
Continuing to bombard with suggestions, Wenjun proposed to improve the monitoring system as well as improve the analysis of digital asset transactions. Moreover, it has been suggested that banks and other payment services ensure that an authenticated name can be assigned to the sender and recipient as part of a cryptographic transaction! What contradicts the original idea of the crypt, what will happen if the foundation of all the foundations in China bends to the requirements of Wenjun?
Wenjun suggested how to use technologies such as artificial intelligence and machine learning as actively as possible. Arguing that such powerful technologies will improve the systems that track and detect cryptocurrency-related crimes, and that the implementation of tracking systems for digital asset transactions will be more efficient.
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