七家协会联合发布风险提示！

Core Viewpoint - The China Internet Finance Association and other financial organizations have issued a risk warning regarding illegal activities related to virtual currencies, highlighting the rapid rise in related concepts and the exploitation by criminals for illegal fundraising and scams [1][6]. Group 1: Nature of Virtual Currencies - Virtual currencies are not issued by monetary authorities and do not have the same legal status as fiat currencies, making them illegal for circulation in China [2][7]. - Air coins like π coin lack substantial technological innovation and clear commercial applications, with opaque issuance and operational mechanisms, leading to significant fraud and market manipulation issues [2][7]. - Stablecoins currently fail to meet customer identity verification and anti-money laundering requirements, posing risks of being used for money laundering and illegal fundraising [2][7]. Group 2: Illegal Activities and Regulations - Domestic institutions and individuals engaging in the exchange of fiat currency for virtual currencies or issuing and financing real-world asset tokens are involved in illegal financial activities [3][8]. - Foreign virtual currency service providers offering services to domestic entities are also considered illegal, and those providing such services will be held accountable [3][8]. - Member institutions are prohibited from participating in the issuance and trading of virtual currencies and real-world asset tokens, and must not provide any related services [9]. Group 3: Public Awareness and Education - Member units are encouraged to conduct risk awareness and educational campaigns regarding virtual currencies and real-world asset tokens to help the public discern risks and avoid illegal activities [10]. - The public is urged to be vigilant against various forms of virtual currency activities, as their prices are highly volatile and often associated with speculation and scams [5][10].