Gubernur Bank Sentral China Bakal Incar Kripto Dan Kejahatan Keuangan

Central Bank China. (Photo; Doc. Dunya)

JAKARTA - The Governor of People's Bank of China (PBOC), Pan Gongsheng, has expressed his commitment to crack down on cryptocurrency speculation and money laundering in the "Report of State Council Financial Works." This report was discussed at the meeting of the 14th National People's Congress Standing Committee.

In the report, PBOC focuses on several important aspects, including careful monetary policy, stronger financial scrutiny, deeper financial reforms, and maintaining financial market stability.

As part of efforts to address hidden financial risks, China's central bank is committed to acting decisively against illegal financial activities and gathering illegal funds as well as to control speculation in domestic cryptocurrency transactions.

In addition, regulators will continue to tighten efforts to investigate and address money laundering cases, in accordance with a report presented by Governor Pan Gongsheng, who recently took office in July.

The governor also stressed the importance of banks in guiding and stabilizing financial market behavior and expectations while taking appropriate action as market conditions require it. PBOC is committed to preventing the spread of risk in China's stock markets, bonds, and foreign currencies.

China has taken firm steps against activities related to cryptocurrencies, particularly mining, in 2021. In line with that, the government in Beijing has pushed for the use of the digital currency of the PBOC central bank, known as the digital yuan, with trials spanning 26 cities.