近年来，虚拟货币交易活动的盛行，扰乱了经济金融秩序，滋生赌博、非法集资、诈骗、传销、洗钱等 违法犯罪活动，严重危害人民群众财产安全。 2.谎称是交易平台，诱导用户下载钓鱼链接，套取受害人账户信息，盗取账户资金，实施电信诈骗。 （二）传销组织 利用"比特币""区块链""数字货币"等概念骗取投资者信任，诱导投资者投资，实则是发展线下金融传销 骗局，不少投资者为了拿到更多返佣，发展更多人成为自己的下线，让更多投资者参与其中，最终被套 牢。 （三）代币发行融资、项目融资 1.融资主体通过代币的违规发售、流通，向投资者筹集比特币、以太币等所谓"虚拟货币"。其本质上是 一种未经批准非法公开融资的行为，涉嫌非法发售代币票券、非法发行证券以及非法集资、金融诈骗、 传销等违法犯罪活动。 所谓虚拟货币，是一种特定的虚拟商品，不由货币当局发行，是不以物质形式为载体的新型货币形式， 主要包括比特币等。在我国，虚拟货币不属于法定货币，虚拟货币相关业务活动属于非法金融活动。 一、常见套路 （一）虚假交易平台 1.设立虚拟货币虚假交易平台，通过小额交易，使用户获取小额利润，赢得用户信任，在吸引投资者入 场后，拒绝大额提现，并进一步诱导、恐 ...

钱不是万能的，没钱是万万不能的。这句调侃，大家应该都听过。诚然，这句话有它的道理。有人选择 努力工作，节俭过日，逐步积攒一些财富；也有一些人愿意冒险去做生意、投资，去追逐那些可能带来 丰厚回报的机会；而更多的人，则倾向于通过理财的方式，希望能通过财富的增值，获得更多的资金。 在这些理财方式中，股票、基金是常见的选择，但也有越来越多人选择了一个充满争议的选项——比特 币。 在这场风险投资的风暴中，笑得最灿烂的人，莫过于李笑了。九年后的今天，比特币从一个名不见经传 的小角色，一跃成为了全球瞩目的投资黑马。它的价值从几美分暴涨至十万人民币，增值速度之快，几 乎让所有人都无法想象，达到了1300万的惊人涨幅。就在比特币的价格飞涨之时，李笑这个名字也成了 许多人眼中的传奇。他，当时手握10万枚比特币，迅速跻身亿万富翁之列。有人会问，这个李笑到底是 谁？是不是一位拥有丰富投资经验的专家？答案出乎意料，他其实只是新东方的一名英语教师。虽然他 在投资界并不显赫，但由于出版了几本畅销书，他在英语界早已小有名气。 很多人开始疑惑，一名普 通的英语教师，如何能够在投资虚拟货币这种高风险领域里取得如此令人瞩目的成功？其实，李笑并非 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：中国证券投资基金业协会 【编者按】为向广大投资者普及基金知识，树立理性投资观念，提高风险防范意识，协会面向社会各界 征集投教作品，优秀作品将陆续在协会投教基地转载刊发。 Al生成 FIFF ST ullgoal Fund 投资未来 · 在一起 t # # - 444444 4444444 Aut. 作骗套路 通过合法途径注册公司,编造元宇宙、 虚拟货币、数字藏品、网上跨境证券交 易等虚假项目,并在媒体、网络等途径 向社会公开宣传,承诺稳定高额回报, 欺骗社会公众投资。 - 44444 市场有风险,投资需谨慎。 Al生成 4444444 手配景 Fullgoal Fund 投 资 未 来 · 在 一 起 诈骗套路 冒充金融平台客服,声称可以消除不良 征信记录,诱导下载非法APP强行屏幕 共享,远程操控转账。 144444 市场有风险,投资需谨慎。 Al生成 4444444 e Elata Fullgoal Fund 投资 未 来 · 在 一 起 ■ I - ظريخ - 留个心 诈骗套路 通过伪造的交易平台、仿冒的金融 APP或网站 ...

Core Viewpoint - The joint announcement by eight departments, including the People's Bank of China and the China Securities Regulatory Commission, emphasizes that virtual currencies do not hold the same legal status as fiat currencies and that any related business activities within the country are deemed illegal financial activities [1][2][3][4] Group 1: Virtual Currency Regulation - 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, lacking legal tender status [1] - The announcement categorically states that all activities related to virtual currencies are strictly prohibited and will be legally eradicated, marking a comprehensive judicial and administrative blockade [1][4] - The risks associated with virtual currencies include their use in money laundering, fundraising fraud, and illegal cross-border fund transfers, highlighting the need for stringent regulation [1] Group 2: Real World Asset (RWA) Tokenization - RWA tokenization aims to legally transfer real-world assets like real estate and equity onto the blockchain, allowing low-cost investment for the public, but it has been misused for illegal fundraising and asset splitting [2] - The announcement prohibits any activities related to RWA tokenization that involve illegal issuance of tokens, unauthorized public offerings, and illegal fundraising, thereby establishing clear regulatory boundaries [2] - While RWA tokenization is deemed illegal, the announcement allows for compliance-based operations under specific infrastructure, indicating a balanced regulatory approach [2] Group 3: Stablecoin Regulation - The announcement highlights that stablecoins pegged to fiat currencies can inadvertently perform functions of legal tender, and any issuance of stablecoins linked to the Renminbi without approval is prohibited [3] - The risks associated with stablecoins, particularly their ability to facilitate cross-border transactions and the potential impact on monetary sovereignty, are acknowledged [3] - The announcement is viewed as a strategic blueprint for national financial policy, emphasizing the protection of the currency issuance and settlement system as a matter of national sovereignty [3] Group 4: Overall Regulatory Framework - The announcement establishes clear regulatory "red lines," aiming to eliminate the gray areas previously exploited by participants in virtual currencies and RWA [4] - Future enforcement will be backed by legal frameworks, ensuring strict compliance and accountability for violations [4] - The approach taken reflects a cautious advancement of blockchain technology in financial innovation, aimed at safeguarding financial security and preventing systemic risks [4]

Core Viewpoint - The rise of virtual currencies has introduced new challenges in divorce property disputes, particularly regarding the identification, valuation, and burden of proof related to these assets [1][2]. Group 1: Case Background - The case involves a property dispute between Zhang and Chen after their divorce, focusing on a 900,000 yuan investment in Bitcoin made during their marriage, which reportedly increased tenfold in value [1]. - Zhang claims that Chen concealed this asset, while Chen argues that the investment has been entirely lost due to market fluctuations [1]. Group 2: Court Proceedings and Rulings - The first-instance court did not find evidence of asset concealment by Chen and ruled in favor of Chen, leading Zhang to appeal [2]. - The second-instance court upheld the initial ruling, emphasizing that Zhang's evidence was indirect and insufficient to prove Chen's ownership or transfer of Bitcoin assets [2]. Group 3: Legal Insights - Claimants seeking to divide virtual currency must provide substantial evidence, such as wallet addresses and transaction records, rather than relying on market price trends or news articles [3]. - Defendants claiming investment losses must also substantiate their claims with evidence; mere verbal assertions are not sufficient for the court [3]. - Virtual currencies are recognized as property under Chinese law, but their division requires verifiable evidence due to their inherent anonymity and decentralization [4]. Group 4: Recommendations for Parties Involved - Parties involved in virtual currency investments during marriage should retain comprehensive records of transactions and losses to protect their rights in potential disputes [4][5]. - It is advisable for parties to clearly outline the ownership of virtual assets in divorce agreements to prevent future conflicts [5].

Core Viewpoint - The recent notice issued by the People's Bank of China and other regulatory bodies aims to prevent and address risks associated with virtual currencies and the tokenization of real-world assets, emphasizing that these activities disrupt economic order and threaten public financial security [3][4][5]. 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 [3][4]. - Activities related to virtual currencies and the tokenization of real-world assets are classified as illegal financial activities, including exchanges between fiat and virtual currencies, and the issuance of tokens without approval [4][5]. Group 2: Regulatory Framework and Coordination - A collaborative mechanism among various government departments, including the People's Bank of China, is established to oversee and manage risks associated with virtual currencies and tokenization [6][13]. - Local governments are responsible for risk prevention and management within their jurisdictions, working in coordination with financial regulatory bodies and law enforcement [6][13]. Group 3: Risk Monitoring and Management - Financial institutions are prohibited from providing services related to virtual currencies, including account opening and transaction facilitation [7][8]. - Internet companies are not allowed to support virtual currency activities through marketing or operational services, and must report any illegal activities [8][9]. Group 4: Enforcement and Legal Responsibility - Strict penalties will be imposed on entities engaging in illegal financial activities related to virtual currencies and tokenization, with criminal charges applicable for severe violations [14]. - Individuals and organizations that assist foreign entities in providing virtual currency services within China will also face legal consequences [14].

关于进一步防范和处置 虚拟货币等相关风险的通知 银发〔2026〕42号 （三）部门协同联动。中国人民银行会同国家发展改革委、工业和信息化部、公安部、市场监管总局、金融监管总局、中国证监会、国家外汇局等部门健 全工作机制，并与中央网信办、最高人民法院、最高人民检察院加强协调、形成合力，统筹指导各地区开展虚拟货币相关非法金融活动风险防范和处置工 作。 中国证监会会同国家发展改革委、工业和信息化部、公安部、中国人民银行、市场监管总局、金融监管总局、国家外汇局等部门健全工作机制，并与中央 网信办、最高人民法院、最高人民检察院加强协调、形成合力，统筹指导各地区开展现实世界资产代币化相关非法金融活动风险防范和处置工作。 各省、自治区、直辖市人民政府，新疆生产建设兵团： 近期，虚拟货币、现实世界资产（RWA）代币化相关投机炒作活动时有发生，扰乱经济金融秩序，危害人民群众财产安全。为进一步防范和处置虚拟货 币、现实世界资产代币化相关风险，切实维护国家安全和社会稳定，依据《中华人民共和国中国人民银行法》、《中华人民共和国商业银行法》、《中华 人民共和国证券法》、《中华人民共和国证券投资基金法》、《中华人民共和国期货和衍生品法》 ...

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].

这份通知绝非旧调重弹，它用最直白的语言进行了定性：在中国境内，一切与虚拟货币相关的业务活动，均属于非法金融活动。 这意味着，无论是买卖比 特币、以太坊，还是运营交易平台，甚至是为其提供宣传推广、技术支持和信息中介服务，都已踩踏法律红线。 监管的围栏正在被扎紧到前所未有的密 度，金融机构被严禁为相关活动提供账户开立、资金划转服务；互联网企业不得提供网络经营场所或营销导流；连公司注册名称中含有"虚拟货币"、"数字 货币"等字样都已被明令禁止。 市场不禁要问，当美国等地正在尝试将比特币现货ETF纳入主流金融体系，部分州甚至探索其支付属性时，为何中国的态度如此决绝，甚至显得"格格不 入"？ 这背后并非简单的政策对立，而是源于对虚拟货币本质截然不同的认知与风险判断。 美国的态度更像是一种"有条件收编"的实验。 他们批准比特币 现货ETF，允许传统资本通过合规渠道入场，其深层战略意图在于构建一个"美元—稳定币—加密资产"的新循环，试图将这一新兴领域的定价权和规则制定 权牢牢掌控在手中，从而巩固美元在全球金融体系中的核心霸权。 这一过程伴随着巨大的市场波动和风险外溢，普通投资者成为了资本博弈中最脆弱的环 节。 一场席卷全球 ...

国家再出防傻子机制。 2月6日，中国人民银行、中国证监会等8部门联合发文，对虚拟货币进行全链条、无死角的常态化监 管。 这意味着，普通人炒币被割韭菜的途径将继续收窄，一些人会因为门槛太高难以参与，不得得放弃这 个"发财"的机会。 从个人的角度来看，非常支持国家的这一举措。如果没有党和国家像妈妈一样为子女计深远，相信不知 道有多少普通中国家庭会被虚拟货币割得倾家荡产。 以比特币为例，大家围绕其是否具备价值这个问题已经吵吵很多年了。我个人始终坚持其没啥价值，不 值得投资的观点，哪怕它从一文不值上涨数十万倍也坚持这样的观点。 之所以持这样的观点，没有什么太多高深的道理，主要是常识。 常识告诉我，比特币既无主权支撑，又无实物资产抵押，价格完全是靠炒作。投资炒作比特币，与走进 澳门去赌场有何区别？ 之前，一些人信仰比特币之类的虚拟货币通过区块链技术去中心化，绝对安全。 事实证明，比特币一点也不安全。去年10月21日，一则爆炸性新闻震惊全球金融与执法界：美国财政部 宣布没收"太子集团"老板陈志价值140亿美元的比特币。大家猜一猜，密码永远不会被破解的比特币， 是怎么进入美国人口袋的？ 我看有人还在梗着脖子争辩。先不说这桩 ...