Wu Shuo has learned that seven major industry associations, including the National Internet Finance Association of China, the China Banking Association, and the China Securities Association, jointly issued a risk warning today, once again emphasizing that any form of virtual currency and RWA token issuance, trading, and financing is prohibited domestically. Relevant institutions are not allowed to engage in businesses related to virtual currencies or real-world asset tokens. The public should remain highly vigilant against all types of virtual currency and real-world asset token business activities.
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Wu Shuo has learned that seven major industry associations, including the National Internet Finance Association of China, the China Banking Association, and the China Securities Association, jointly issued a risk warning today, once again emphasizing that any form of virtual currency and RWA token issuance, trading, and financing is prohibited domestically. Relevant institutions are not allowed to engage in businesses related to virtual currencies or real-world asset tokens. The public should remain highly vigilant against all types of virtual currency and real-world asset token business activities.