Server-rendered tracker page for aml regulation in China. This page is built for Google and LLM crawlers: every event below links to a permanent policy-event URL with source data and APAC FINSTAB analysis.
Jurisdiction: China. Regulator: PBOC / CSRC. Topic: AML. Latest event: June 26, 2026 — China Prosecutors Highlight Virtual Currency Drug Money Laundering Death Sentence.
Use this page to compare rule changes, licensing signals, enforcement posture, and market-access implications for exchanges, stablecoin issuers, protocols, custodians and institutional teams operating across APAC.
China's Supreme People's Procuratorate said prosecutors are intensifying drug-related money-laundering enforcement and cited a Chongqing case where virtual currency laundering exceeded RMB 48 million. The case signals a high-pressure AML stance toward cross-border crypto crime flows linked to China.
Hong Kong's SFC circular on account opening and client relationships, together with market clarification reported from the SFC, indicates licensed corporations may continue servicing existing Mainland Chinese clients when services are not provided inside Mainland China and applicable KYC, declaration and jurisdictional requirements are met. The guidance narrows cross-border operating boundaries without reopening Mainland solicitation.
The HKMA issued expected controls for authorized institutions opening and maintaining investment accounts for Chinese Mainland investors, including reviews of accounts opened since January 2023. The measure raises cross-border KYC and source-of-funds expectations for Hong Kong regulated channels.
Chinese, US, and UAE police conducted a joint Dubai enforcement action against telecom-fraud networks, arresting 276 suspects across nine sites. The case involved high-return crypto investment lures and signals deeper law-enforcement coordination around pig-butchering and cross-border VASP risk.
China's Ministry of Public Security released typical cross-border drug and precursor cases, including a group that used websites to sell new psychoactive substances overseas and received virtual-currency payments. The cases reinforce crypto payment rails as an enforcement focus in narcotics, smuggling and cross-border AML investigations.