Recently, domestic policies regarding virtual currencies have tightened significantly.
Following the new regulations issued by thirteen departments, yesterday, seven associations jointly released a risk warning on preventing illegal activities related to virtual currencies:
When concepts related to virtual currencies gain traction, illegal activities increase accordingly.
The warning specifically highlights risks associated with stablecoins, "air coins," RWA tokenization, and disguised mining activities.
Practitioners in the crypto industry should also pay attention to their words and actions to avoid related legal risks.
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Recently, domestic policies regarding virtual currencies have tightened significantly.
Following the new regulations issued by thirteen departments, yesterday, seven associations jointly released a risk warning on preventing illegal activities related to virtual currencies:
When concepts related to virtual currencies gain traction, illegal activities increase accordingly.
The warning specifically highlights risks associated with stablecoins, "air coins," RWA tokenization, and disguised mining activities.
Practitioners in the crypto industry should also pay attention to their words and actions to avoid related legal risks.