Core Viewpoint - Regulatory authorities have taken a firm stance against virtual currency trading and speculation, signaling that such activities are illegal and must be strictly curtailed [1][2]. Group 1: Regulatory Actions - The People's Bank of China convened a meeting to coordinate efforts against virtual currency trading, collaborating with 12 departments to reaffirm the stance on virtual currencies [1]. - Seven associations jointly issued a risk warning, aiming to completely block channels related to cryptocurrency speculation and associated businesses [1]. - A "zero tolerance" approach is emphasized, with financial management departments maintaining a high-pressure stance against illegal trading platforms and activities [3]. Group 2: Market Dynamics - The virtual currency market has experienced extreme volatility, characterized as a speculative frenzy detached from the real economy, with major cryptocurrencies like Bitcoin seeing drastic price fluctuations [1]. - The lack of intrinsic value in virtual currencies means their prices are entirely driven by supply and demand speculation, posing significant risks and susceptibility to manipulation [2]. Group 3: Risks and Consequences - The unchecked speculation in virtual currencies could lead to severe financial losses for investors and potentially trigger localized financial risks, disrupting normal economic and financial order [2]. - The rise of new concepts like "stablecoins" and "real-world asset tokens" is viewed as a potential cover for illegal fundraising and financial fraud, threatening public financial security [1]. Group 4: Industry Responsibility - Industry associations are encouraged to enhance self-regulation, risk warning, and educational guidance to mitigate risks associated with virtual currencies [3]. - Internet platforms are urged to fulfill their responsibilities by improving their ability to identify and cut off the dissemination of virtual currency speculation information [3]. Group 5: Investor Awareness - Investors are advised to recognize that virtual currency speculation is akin to gambling rather than rational investment, emphasizing the importance of risk awareness and skepticism towards high-return promises [3].

转自：成都日报锦观 中国互联网金融协会等7家协会联合警示虚拟货币交易炒作风险 背后隐患。新华社发（朱慧卿 作） 风险提示 ●虚拟货币交易炒作不仅扰乱经济金融秩序，更滋生洗钱、非法集资、诈骗、传销等违法犯罪活动 ●我国金融管理部门未批准任何现实世界资产代币化活动。现实世界资产代币化存在多重风险 ●树立正确投资理念，切勿参与虚拟货币、现实世界资产代币相关活动，以及借虚拟货币"挖矿"名义开展的非法集资和非法发行证券活动 近年来，虚拟货币、现实世界资产代币等加密资产市场快速扩张。然而，高收益的诱惑背后，是深不可测的风险漩涡："一晚上账户缩水一 半""交易平台突然无法登录""稳定币不再稳定"……这些已成为不少虚拟货币投资者的切肤之痛。12月5日，中国互联网金融协会等7家协会联 合发布关于防范涉虚拟货币等非法活动的风险提示，提醒公众明辨风险、远离非法活动。 风险隐患多发 远离"炒币风" 护好"钱袋子" 危害百姓"钱袋子" 近日，比特币的投资者又开始经历"过山车"般的行情。12月1日，比特币一度跌破8.5万美元，日内最大跌幅超7%。就在10月份，比特币还创出 每枚超12万美元的价格高点。 各方协同发力 坚决遏制"炒币风" ...

Core Viewpoint - The People's Bank of China has reiterated its commitment to combat virtual currency trading and speculation, with multiple associations warning about the risks associated with virtual currencies and related activities [1][3]. Group 1: Risks Associated with Virtual Currencies - A joint risk warning was issued by seven associations, including the China Internet Finance Association and the China Banking Association, highlighting the dangers of virtual currencies, stablecoins, and real-world asset tokens [1][4]. - The warning emphasizes that activities related to stablecoins and real-world asset tokens could lead to false asset risks, operational failure risks, and speculative trading risks [3][4]. - The rise of concepts related to virtual currencies has led to illegal fundraising and fraud, with criminals exploiting these terms to conduct illicit activities [3][4]. Group 2: Regulatory Environment - The risk warning states that no real-world asset tokenization activities have been approved by Chinese financial authorities, and engaging in such activities may involve illegal fundraising and unauthorized issuance of securities [4][6]. - Financial institutions are prohibited from providing services related to virtual currencies and must conduct thorough due diligence to identify potential risks [6][7]. - Internet platforms are also warned against promoting or providing services for virtual currency activities, emphasizing the need for compliance in information dissemination [7][8]. Group 3: Public Awareness and Education - The public is urged to remain vigilant against various forms of virtual currency activities, as these are often associated with speculation and fraudulent schemes [7][8]. - There is a call for continuous public education to enhance risk awareness and promote rational investment practices, which is essential for maintaining financial security [8].

要闻速递 国常会：研究进一步做好节能降碳工作 国务院总理李强12月5日主持召开国务院常务会议，研究进一步做好节能降碳工作，听取规范 涉企行政执法专项行动情况汇报并审议通过《行政执法监督条例（草案）》，讨论《中华人民 共和国国家消防救援人员法（草案）》，部署全链条打击涉烟违法活动有关举措。 外交部发言人宣布，国务院总理李强将于12月9日上午在北京同新开发银行行长罗塞芙、世界 银行行长彭安杰、国际货币基金组织总裁格奥尔基耶娃、世界贸易组织总干事伊维拉、联合国 贸易和发展会议秘书长格林斯潘、国际劳工组织总干事洪博、经济合作与发展组织秘书长科尔 曼、国际清算银行总经理卡斯滕斯、金融稳定理事会主席诺特和亚洲基础设施投资银行行长金 立群等10家国际经济组织负责人举行"1+10"对话会。 险企投资股票风险因子再度下调，沪深300、科创板等将受益 12月5日，国家金融监管总局发布《关于调整保险公司相关业务风险因子的通知》，在下调险 企业务风险因子的同时明确相关监管要求。一是对长期持仓的沪深300等指数成分股、科创板 股票下调风险因子；二是降低出口信用与海外投资保险的保费和准备金风险因子，同时要求险 企完善内控、强化偿付能力管 ...

（原标题：吴清发表重要讲话；美联储将举行议息会议｜周末要闻速递） 要闻速递 国常会：研究进一步做好节能降碳工作 国务院总理李强12月5日主持召开国务院常务会议，研究进一步做好节能降碳工作，听取规范涉企行政 执法专项行动情况汇报并审议通过《行政执法监督条例（草案）》，讨论《中华人民共和国国家消防救 援人员法（草案）》，部署全链条打击涉烟违法活动有关举措。 李强将与全球主要国际经济组织负责人举行"1+10"对话会 外交部发言人宣布，国务院总理李强将于12月9日上午在北京同新开发银行行长罗塞芙、世界银行行长 彭安杰、国际货币基金组织总裁格奥尔基耶娃、世界贸易组织总干事伊维拉、联合国贸易和发展会议秘 书长格林斯潘、国际劳工组织总干事洪博、经济合作与发展组织秘书长科尔曼、国际清算银行总经理卡 斯滕斯、金融稳定理事会主席诺特和亚洲基础设施投资银行行长金立群等10家国际经济组织负责人举 行"1+10"对话会。 险企投资股票风险因子再度下调 沪深300、科创板等将受益 12月5日，国家金融监管总局发布《关于调整保险公司相关业务风险因子的通知》，在下调险企业务风 险因子的同时明确相关监管要求。一是对长期持仓的沪深300等指数成 ...

Core Viewpoint - The joint announcement by seven associations emphasizes the prohibition of participation in illegal virtual currency activities within China, highlighting the risks associated with virtual currencies and related tokens [1][2]. Group 1: Regulatory Actions - Seven associations, including the China Internet Finance Association and the China Banking Association, issued a risk warning against illegal activities related to virtual currencies and real-world asset tokens, mandating that member units refrain from engaging in such activities domestically [1][2]. - The People's Bank of China and 13 other departments convened to establish a coordination mechanism to combat virtual currency trading, defining stablecoins as a form of virtual currency and stressing the need for ongoing efforts to curb illegal financial activities related to virtual currencies [1][2]. Group 2: Risks Associated with Virtual Currencies - The associations reiterated that virtual currencies are not issued by monetary authorities and do not hold the same legal status as fiat currencies, thus cannot be circulated as currency within China [2]. - Stablecoins currently fail to meet customer identification and anti-money laundering requirements, posing risks of being used for money laundering, fundraising fraud, and illegal cross-border fund transfers [2]. - Tokens like π coin lack substantial technological innovation and clear commercial applications, leading to significant fraud and market manipulation issues, with many scams operating under their guise [2]. Group 3: Prohibitions on Financial Services - Member units of banks and payment institutions are prohibited from providing services related to the issuance and trading of virtual currencies and real-world asset tokens, as well as from supporting virtual currency mining projects [3]. - Securities, fund, and futures institutions are also barred from offering services for the issuance and trading of virtual currencies and related financial products [3]. - Internet platform companies must not provide marketing or technical services for the issuance and trading of virtual currencies and real-world asset tokens, ensuring compliance in information dissemination [3]. Group 4: Public Awareness and Market Volatility - The risk warning highlights the extreme price volatility of virtual currencies, which are often used for speculative trading and fraudulent activities [4]. - Recent Bitcoin price fluctuations illustrate this volatility, with significant daily price changes reported, emphasizing the need for public awareness and caution against engaging in virtual currency activities [4].

Core Viewpoint - The seven associations in China have issued a risk warning prohibiting their member units from participating in virtual currency and real-world asset token issuance and trading activities within the country, following a crackdown by 13 government departments on cryptocurrency speculation [1][2]. Group 1: Regulatory Actions - Member units are explicitly forbidden from engaging in any activities related to the issuance and trading of virtual currencies and real-world asset tokens within China [1][2]. - The associations emphasize that virtual currencies are not issued by monetary authorities and do not hold the same legal status as legal tender in China [2]. - Institutions and individuals conducting exchanges between legal currency and virtual currencies, or engaging in the issuance and financing of real-world asset tokens, are deemed to be involved in illegal financial activities [2][3]. Group 2: Risks Associated with Virtual Currencies - The risk warning highlights that virtual currencies are often used for speculative trading and illegal activities such as Ponzi schemes and fraud [4]. - Specific examples of risks include the volatility of virtual currency prices, with Bitcoin experiencing significant fluctuations, such as dropping below $85,000 and then rebounding above $90,000 within a few days [4]. - The warning also identifies "air coins" like π coin as lacking substantial technological innovation and clear commercial applications, making them susceptible to fraud and market manipulation [2]. Group 3: Compliance Requirements - Financial institutions, including banks and payment service providers, must not offer any services related to the issuance and trading of virtual currencies or real-world asset tokens [3]. - Member units are required to conduct thorough customer due diligence to identify any involvement in virtual currency transactions or money laundering risks [3]. - Internet platform companies must ensure compliance by not providing marketing or technical services for virtual currency-related activities [3].

Core Viewpoint - The recent joint announcement by seven industry associations in China highlights the illegal nature of virtual currencies and related activities, aiming to strengthen financial security and protect public assets [1][2]. Group 1: Regulatory Actions - The "Risk Warning" issued on December 5, 2025, targets illegal activities associated with virtual currencies, including Ponzi schemes and money laundering, emphasizing the need for public awareness [1][2]. - The warning identifies specific new types of virtual currencies, such as air coins, stablecoins, and real-world asset (RWA) tokens, which are linked to illegal fundraising and fraud [2][3]. - The document clarifies that virtual currencies are not issued by monetary authorities and do not have the same legal status as fiat currencies, prohibiting their circulation in China [2][3]. Group 2: Emerging Trends in Illegal Activities - There is a noted trend of criminals using new technologies and concepts to disguise illegal activities, such as presenting air coins as innovative projects [3]. - Virtual currencies are increasingly being used in diverse roles within criminal activities, serving as tools for illegal operations, means of settlement, or mere facades for scams [3]. - Criminals often operate from abroad while targeting domestic residents through online platforms, complicating regulatory enforcement [3]. Group 3: Public and Institutional Responsibilities - Industry institutions are urged to adhere strictly to regulatory requirements by not engaging in any virtual currency-related services and to report suspicious activities [6]. - Public awareness is crucial; individuals are advised to remain vigilant against exaggerated claims of high returns and to avoid engaging with unverified foreign platforms [6]. - The associations recommend that the public report any suspicious activities related to virtual currencies to regulatory authorities or law enforcement [5][6].

每经编辑｜程鹏 向江林 据嘉鱼公安，12月5日，嘉鱼公安发布公告，寻找一笔涉敲诈勒索案的虚拟货币原主人，虚拟货币钱包内共有USDT币约190万枚。根据最新的市场汇算数 据，大约价值1356.6万元人民币。 以下是公告全文： 湖北省咸宁市嘉鱼县公安局在侦办一起敲诈勒索案和起侵犯公民个人信息案件过程中，从犯罪嫌疑人曾某家中及租住房内搜查出部分涉案物品，并在该涉 案物品中发现虚拟货币钱包，钱包内共有 USDT约190万枚。上述物品目前原主不明，现予公告，请上述物品所有人于公告发布之日起六个月内持合法证 明材料、身份证等到我局认领。 本公告自发布期限届满后，仍无人认领或无法提供合法依据的，我局将依据相关法律规定，依法将上述涉案物品及孳息 上缴国库。 根据提示，虚拟货币不能作为货币在我国境内流通使用，我国金融管理部门未批准任何现实世界资产代币化活动。有关机构不得开展与虚拟货币、现实世 界资产代币相关的业务。社会公众要高度警惕，切勿参与虚拟货币、现实世界资产代币相关活动，以及借虚拟货币"挖矿"名义开展的非法集资和非法发行 证券活动，守护好自己的"钱袋子"。 编辑|程鹏 向江林 校对|魏官红 封面图片来源：视觉中国（资料图 ...

根据最新的市场汇算数据，大约价值1343.36万元人民币。 近日，湖北咸宁市嘉鱼公安发布公告，寻找一笔涉敲诈勒索案的虚拟货币原主人，虚拟货币钱包内共有 USDT币约190万枚。 ...