BEIJING, September 29, 2026: China’s Ministry of State Security has warned citizens about potential national-security risks associated with cryptocurrency transactions, including claims that anonymous digital transactions can be exploited for espionage.

South China Morning Post reported that the ministry urged citizens not to be misled by the idea that cryptocurrency transactions are completely anonymous. citeturn0search0

Security warning

The warning forms part of China’s broader national-security messaging around data, finance and technology. It emphasizes that digital transactions can leave records and that cryptocurrency-related activities may create security or compliance risks.

China’s cryptocurrency policy

Mainland China maintains strict restrictions on cryptocurrency trading and related activities. Hong Kong operates under a separate regulatory framework for virtual assets.

Read NewsNationOnline’s report on China’s national-security policy.

Source: South China Morning Post, citing China’s Ministry of State Security.

Imran Siddiqui

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