China precious metals AML regulations

Key Points:* The PBoC issues new AML rules for precious metals.

• Transaction reporting threshold doubles to CNY 100,000.
• Stricter compliance expected for metals and gems dealers. The People’s Bank of China announced new anti-money laundering regulations governing precious metals and gemstones, effective August 1, 2025.

This new regulation broadens the scope of surveillance and compliance, impacting traders and institutions by increasing the reporting threshold, which compels stricter adherence to AML procedures.

PBoC Sets Higher Bar for AML Compliance in Metals

The People’s Bank of China has issued the “Anti-Money Laundering and Anti-Terrorist Financing Management Measures for Precious Metals and Gemstones Institutions,” which will be in force from August 1, 2025. These measures expand AML requirements, covering the entire industry chain with increased thresholds for reporting. Crucially, the threshold for reporting large transactions will rise from CNY 50,000 to CNY 100,000. This change enhances regulatory coverage, focusing more on cash-based retail transactions. With these measures, the cost of operations and compliance for many dealers is likely to increase. Despite rising compliance burdens, the broader market reaction has been muted, with no major statements from industry leaders or KOLs, as per current reports.

“Given the context provided, here are the quotes associated with key players and leadership regarding the new AML regulations from the People’s Bank of China related to precious metals and gemstones: No statements from PBoC executives or industry KOLs have been recorded, and therefore no quotes are available from influential figures at this time.”

Impact on Global Crypto and Financial Markets

Did you know? China’s latest AML regulations mark a significant shift, doubling the transaction reporting threshold, reflecting a broader global trend towards stringent financial oversight post-2024.

According to CoinMarketCap, Bitcoin (BTC) is trading at $106,630.58, with a market cap of $2.12 trillion. The 24-hour trading volume is $45.88 billion. Over the past 90 days, BTC has gained 27.79%. These values underline its dominant position with a 64.67% market dominance, despite minor recent price fluctuations. According to Coincu research, the implementation of these measures may lead to tighter control at the cash and digital asset intersection, especially affecting crypto-metals exchanges. This regulatory tightening is part of China’s continued effort to regulate virtual currency dealings, preventing money laundering via emerging technologies like cryptocurrency.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 05:50 UTC on July 2, 2025. Source: CoinMarketCap

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