#中国加密新规

【Major Policy Implementation】China Releases "Deep Compliance Guidelines for Blockchain Information Services", $CNHC (Offshore Renminbi Stablecoin) Becomes the Biggest Winner!

Key Points of the New Regulations

✅ Comprehensive Real-name Penetration:

- All on-chain transactions must be linked to digital ID (Ministry of Public Security Blockchain DID System)

- Data of domestic users on overseas exchanges will be forcibly returned

✅ Compliance Channel Expansion:

- Hong Kong licensed exchanges add "Mainland Special Line" (Daily limit of ¥500,000)

- The only recognized stablecoin $CNHC (supported by CITIC Bank's offshore business)

Three Major Market Impacts

1️⃣ Exchange Migration:

- Huobi, OKX Accelerate the Clearance of Mainland IPs

- The number of Hong Kong license applications surged by 300% in a single month

2️⃣ Ultimate Transformation of Miners:

- Sichuan mining farms fully transformed into state-owned computing power centers

- Remaining mining machines exported to Russia and Kazakhstan at a 70% discount

3️⃣ Localization of DeFi:

- Central Bank Digital Renminbi DApp opens smart contract interface

- The first batch of pilot projects includes cross-chain exchange with $CNHC

Red Line Warning

• Personal annual foreign exchange quota linked to on-chain transactions

• Enterprises using non-$CNHC for settlement will trigger tax audits

Data Insights

• $CNHC market value skyrocketed by 200% in a week, exceeding 5 billion

• OTC market Renminbi premium narrowed to 1.2%

• Monthly increase of 800% in mainland users on compliant exchanges in Hong Kong

How will assets be allocated under the new regulations?