JUST IN: 🇨🇳 China's top intelligence body declares crypto anonymity a "false proposition" and an "illusion."

The Ministry of State Security claims foreign intelligence agencies exploit the perceived anonymity of cryptocurrency to lure citizens into espionage, falsely promoting it as untraceable.

According to China, blockchain transactions create a permanent digital footprint, and the need to exchange between fiat and crypto makes identities easy to uncover.

ChainPulse