央行等八部门重申

Core Viewpoint - The People's Bank of China and eight other departments reaffirmed a prohibitive policy on virtual currencies within China, emphasizing that virtual currencies do not hold the same legal status as fiat currencies and are considered illegal financial activities [3][4]. Group 1: Policy and Regulations - The notification states that any entity or individual, both domestic and foreign, is prohibited from issuing stablecoins linked to the Renminbi without proper authorization [3]. - Virtual currencies such as Bitcoin, Ethereum, and Tether are characterized by their non-issuance by monetary authorities, use of encryption technology, and existence in digital form, thus lacking legal tender status [3]. - Activities related to virtual currencies, including exchanges between fiat and virtual currencies, are classified as illegal financial activities and are strictly prohibited [3]. Group 2: Risk Management - The notification highlights the risks associated with virtual currencies, which can easily transmit across borders due to their reliance on blockchain technology and peer-to-peer transactions [4]. - It is specified that domestic entities and their controlled foreign entities are not allowed to issue virtual currencies abroad without proper regulatory approval [5].