虚拟货币相关业务，境内一律禁止！

Core Viewpoint - The recent notice issued by eight Chinese regulatory bodies emphasizes that all virtual currency-related activities are illegal financial activities within China, reinforcing a strict prohibition on such operations [1][3]. Group 1: Virtual Currency Regulations - Virtual currencies do not have the same legal status as fiat currencies and cannot be used for market circulation [1]. - All activities related to virtual currencies, including exchanges between fiat and virtual currencies, trading services, and token issuance, are strictly prohibited [1][3]. - The notice specifies that any issuance of virtual currencies by domestic entities or their controlled foreign entities without approval is illegal [3]. Group 2: Real World Asset (RWA) Tokenization - The concept of RWA tokenization is defined as converting ownership and income rights of assets into tokens using encryption and distributed ledger technology [3][5]. - Activities related to RWA tokenization, including providing intermediary and technical services, are considered illegal financial activities unless approved by regulatory authorities [5]. - The notice warns against the speculative nature of RWA tokenization, highlighting risks associated with low-threshold investments [3]. Group 3: Mining Activities - The notice mandates strict control over virtual currency mining activities, including the closure of existing projects and prohibition of new ones [5]. - Companies involved in the production and sale of mining machines are also prohibited from providing services within China [5].