打击炒币，央行召开重磅会议

Core Viewpoint - The People's Bank of China (PBOC) is intensifying efforts to combat virtual currency trading and speculation, emphasizing that virtual currencies do not hold legal status equivalent to fiat currencies and are considered illegal financial activities [3][4]. Group 1: Meeting Outcomes - The meeting highlighted that various departments have effectively implemented the directives from the central government to combat virtual currency trading and speculation, achieving notable results [3]. - Recent factors have led to a resurgence in virtual currency speculation and related illegal activities, presenting new challenges for risk management [3]. - The PBOC reiterated that stablecoins, a form of virtual currency, currently fail to meet essential requirements for customer identity verification and anti-money laundering, posing risks for illegal activities such as money laundering and cross-border fund transfers [3][4]. Group 2: Regulatory Framework - Since 2017, the PBOC and relevant departments have issued multiple policy documents to prevent and address risks associated with domestic virtual currency trading, which remain effective [4]. - The PBOC plans to continue its crackdown on domestic virtual currency operations and speculation, while closely monitoring the development of overseas stablecoins [4]. - The meeting called for comprehensive implementation of the Party's 20th National Congress and subsequent plenary session directives, maintaining a prohibitive stance on virtual currencies and enhancing collaboration among regulatory bodies to improve monitoring capabilities [4].