MSS: The So-Called "Anonymity" of Virtual Currencies Is Fundamentally a False Premise

Odaily reports that the Ministry of State Security has stated that virtual currencies have become an important tool for lawbreakers to engage in various illegal and criminal activities, giving rise to security risks such as money laundering, cyberattacks, and espionage-related theft of secrets. The so-called "anonymity" of virtual currencies is fundamentally a false premise, as the blockchain fully retains data such as transaction records, providing a basis for full-chain traceability.