According to a report by Caixin, former governor of the People's Bank of China, Zhou Xiaochuan, mentioned during a discussion on regulatory adaptation that funds from telecom fraud are often quickly split into numerous accounts upon arrival to evade compliance checks, making tracking more difficult and reducing the feasibility of post-event recovery. He also pointed out that stablecoins bypass the existing compliance system to some extent and should be approached cautiously to avoid blindly following trends. Additionally, he stated that while cryptocurrency and blockchain technology can be studied, it’s not appropriate to simply view 'peer-to-peer' or 'decentralization' as inherently positive attributes, nor should correspondent banking and the SWIFT messaging system be considered outdated. The key lies in aligning with user needs and regulatory requirements. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58713