China's CSRC Chairman Wu Qing has called for enhanced risk monitoring in the cryptocurrency sector, emphasizing the need to prevent risks in areas like margin trading, derivatives, and asset management. Speaking at an event with Shanghai Securities News, Wu Qing stressed that businesses with unclear or uncontrollable crypto operations should not be permitted, aligning with China's stringent regulatory stance. Financial institutions are encouraged to strengthen compliance to prevent illegal activities, although the remarks are seen as reinforcing existing policies rather than introducing new measures.