Core Viewpoint - The recent surge in virtual currency investment is accompanied by significant risks, prompting regulatory bodies in China to issue warnings against the use of virtual currencies as legal tender and to highlight the dangers of speculative trading [1][3]. Group 1: Regulatory Actions - A joint risk warning was issued by seven associations, including the China Internet Finance Association, emphasizing that virtual currencies cannot circulate as money within China and that no tokenization of real-world assets has been approved [1][3]. - The People's Bank of China, along with other governmental departments, reiterated that virtual currency-related activities are illegal financial activities, specifically naming stablecoins and their inherent risks [3][4]. Group 2: Market Dynamics - The virtual currency market has seen increased speculative activities, with social media platforms like Xiaohongshu and Weibo promoting "coin trading" through posts from anonymous users claiming substantial profits [1][2]. - Bitcoin's price has experienced significant volatility, with a notable drop of 30% in mid-November and a further decline to below $89,000 in early December, leading to substantial losses for many investors [2][1]. Group 3: Investor Guidance - Investors are advised to avoid speculative trading in virtual currencies and to choose legitimate investment channels, such as licensed financial institutions, to safeguard their assets [5]. - The public is encouraged to report any suspicious virtual currency activities to regulatory authorities and to be vigilant against potential scams and illegal fundraising activities [5].
多部门联手持续打击“炒币”
Sou Hu Cai Jing·2025-12-09 21:26