请您警惕丨关于进一步防范和处置虚拟货币等相关风险的通知

Core Viewpoint - The notification aims to further prevent and address risks associated with virtual currencies and tokenization of real-world assets, emphasizing the need to maintain national security and social stability [2][3]. Group 1: Nature of Virtual Currencies and Tokenization - Virtual currencies do not have the same legal status as fiat currencies and should not be circulated as money in the market [2]. - Activities related to virtual currencies are classified as illegal financial activities, including exchanges between fiat and virtual currencies, and token issuance financing [3][4]. - Tokenization of real-world assets involves converting ownership and income rights into tokens using encryption and distributed ledger technology [4]. Group 2: Regulatory Mechanisms - A collaborative mechanism among various departments, including the People's Bank of China and the China Securities Regulatory Commission, will be established to manage risks associated with virtual currencies and tokenization [5]. - Local governments are responsible for risk prevention and management within their jurisdictions, coordinating with financial and law enforcement agencies [5]. Group 3: Risk Monitoring and Management - Financial institutions are prohibited from providing services related to virtual currencies, including account opening and transaction facilitation [6]. - Internet companies must not support virtual currency activities and should report any illegal activities to authorities [6]. - Market regulators will oversee the registration of businesses to ensure they do not include terms related to virtual currencies or tokenization in their names [7]. Group 4: Enforcement and Legal Responsibility - Strict penalties will be imposed for engaging in illegal financial activities related to virtual currencies and tokenization, with potential criminal charges for serious violations [12]. - Any assistance provided to foreign entities illegally offering virtual currency services in China will also be subject to legal consequences [12]. Group 5: International Operations - Domestic entities are prohibited from issuing virtual currencies abroad without proper authorization [9]. - Strict regulations will apply to domestic entities engaging in tokenization of real-world assets in foreign markets, ensuring compliance with local laws [10]. Group 6: Industry Self-Regulation - Industry associations are encouraged to promote self-regulation among members to resist illegal financial activities related to virtual currencies and tokenization [12].