Starting July 1st, new regulations for individual overseas investments have been introduced. Attention to cryptocurrency trading.

The State Council has just issued a new regulation, effective from July 1st.
Many people haven't noticed, but this relates to our crypto trading.
The document clearly states: investors include enterprises, other organizations, and resident individuals within China.
In plain language: individual overseas investment is officially regulated.
Whether you buy overseas stocks, purchase overseas real estate, trade cryptocurrencies, or transfer USDT abroad, all fall under the scope of "outbound investment."
The document does not say "cryptocurrency trading is illegal," but cross-border funds, platform usage, and data transfer are within the scope of regulation.
Before, you might have thought it was a "gray area," but after July 1st, the lines are drawn.
A few reminders for ordinary retail investors:
1️⃣ Small amounts don't need to panic for now; regulatory costs are high, and they won't target a few hundred dollars.
2️⃣ Large and frequent transfers should be watched closely; this is the key point.
3️⃣ Choose compliant platforms and keep proof of fund sources.
This isn't to make you panic, but to help you understand the situation clearly.
What do you think? Share your thoughts in the comments.