China’s Ministry of State Security says crypto’s “anonymity” is an illusion.
The ministry says blockchain transactions are permanently recorded, while wallet addresses only provide a temporary separation from users’ real identities.
It says onchain analysis combined with device and IP data can help trace users and reconstruct fund flows.
The ministry says blockchain transactions are permanently recorded, while wallet addresses only provide a temporary separation from users’ real identities.
It says onchain analysis combined with device and IP data can help trace users and reconstruct fund flows.

