7家协会集体提示虚拟货币风险

Core Viewpoint - The joint risk warning issued by seven associations in China emphasizes the illegal activities associated with virtual currencies and related tokens, urging institutions and the public to remain vigilant against potential fraud and illegal fundraising activities [1][2]. Summary by Sections Nature of Virtual Currencies - Virtual currencies are not issued by monetary authorities and do not hold the same legal status as national legal tender, thus cannot be circulated as currency within China [2]. - Activities involving the exchange of legal currency for virtual currencies, issuance of real-world asset tokens, and related financing are considered illegal financial activities [2]. Institutional Responsibilities - Financial institutions, including banks and payment service providers, are prohibited from offering services related to the issuance and trading of virtual currencies and real-world asset tokens [3]. - Institutions must conduct due diligence to identify potential risks associated with virtual currencies and report any suspicious activities to relevant authorities [3]. Public Awareness and Precautions - The public is advised to be highly cautious of various forms of virtual currency and real-world asset token activities, including avoiding promotional groups and being wary of false claims regarding high returns [3][4]. - Experts recommend that ordinary investors adhere to the "three no" principles: do not participate in virtual currency trading, do not trust high-yield claims, and do not spread related promotional information [4].