七家协会联合发布虚拟货币风险提示

Core Viewpoint - The China Internet Finance Association and six other associations issued a risk warning regarding illegal activities related to virtual currencies, emphasizing the illegality of certain financial activities involving virtual currencies and token issuance within the country [1] Summary by Relevant Categories Regulatory Actions - Domestic institutions and individuals engaging in the exchange of legal currency for virtual currencies, issuance of tokens, and financing activities are suspected of illegal financial activities such as illegal token sales, illegal fundraising, unauthorized public securities issuance, and illegal futures operations [1] International Implications - Foreign virtual currency service providers conducting business activities in China, either directly or indirectly, are also considered to be engaging in illegal financial activities [1] Accountability Measures - Domestic staff of foreign virtual currency service providers, as well as domestic institutions and individuals who knowingly provide services related to virtual currencies, will be held legally accountable [1] Public Awareness - The public is urged to enhance their risk awareness and ability to identify potential risks, and to avoid participating in activities related to virtual currencies and token issuance, as well as illegal fundraising and securities issuance disguised as virtual currency mining [1]