八部门印发通知进一步防范和处置虚拟货币交易炒作风险 一文划重点

Core Viewpoint - The recent joint notice issued by the People's Bank of China and other regulatory bodies aims to further prevent and address risks associated with virtual currencies and the tokenization of real-world assets (RWA), highlighting the illegal nature of related financial activities and the need for strict regulatory measures [1][8]. Group 1: Virtual Currency Regulations - Virtual currencies do not have the same legal status as fiat currencies and should not be used as a medium of exchange in the market [2]. - Any entity or individual is prohibited from issuing stablecoins pegged to the Renminbi abroad without approval from relevant authorities [3]. - Virtual currency-related business activities are classified as illegal financial activities and are strictly prohibited, including exchanges between fiat and virtual currencies, trading of virtual currencies, and token issuance [3][4]. Group 2: RWA Tokenization Regulations - The notice defines the concept of RWA tokenization and emphasizes that conducting RWA-related activities within the country is considered illegal financial activity [5]. - Activities such as issuing tokens representing ownership or rights to real-world assets using blockchain technology are prohibited unless approved by regulatory authorities [5]. - Foreign entities are also barred from providing RWA tokenization services to domestic subjects in any form [5]. Group 3: Mining Activities - The notice mandates strict control over virtual currency mining activities, including the closure of existing mining projects and a ban on new mining operations [6]. - Companies involved in the production and sale of mining equipment are prohibited from offering services within the country [6]. Group 4: Enforcement and Monitoring - The notice emphasizes the need for enhanced inter-departmental collaboration to monitor and address illegal activities related to virtual currencies and RWA, maintaining a high-pressure stance against such activities [7][8]. - The rise in speculative activities surrounding virtual currencies and RWAs has led to increased illegal fundraising and fraud, necessitating stronger regulatory measures [8].