This article is reproduced from Securities Times, reproduced with authorization
Securities Times reporter Wang Junhui
On July 6, the Business Management Department of the People's Bank of China announced that in order to implement the decision-making and deployment of the Party Central Committee and the State Council on cracking down on virtual currency transactions, prevent and control the risk of speculation in virtual currency transactions, and protect the property safety of the people, recently, Beijing local The Financial Supervisory Authority, together with the Business Management Department of the People's Bank of China and the relevant departments of the Huairou District Government, has cleaned up and rectified Beijing Taodao Culture Development Co., Ltd., which is suspected of providing software services for virtual currency transactions, and ordered the company to log off. The official website has been suspended.
Tianyancha information shows that the company was established on April 13, 2016, and its registered place is Huairou District, Beijing, with a registered capital of 3 million yuan. The legal representative is Gong Wei, who holds 100% of the shares. The company's websites include Maoli.com, Xiaoxiao Entertainment, Ziwu Qingran and other websites, all of which cannot be opened at present. It is suspected that Maoli coins are issued. The display services include season VIP 2800 Maoli coins, and some resources are free; yearly VIP 10,000 Maoli coins , all resources are free. The company has undergone simple deregistration on June 18, 2021, and the announcement period ends on July 8, 2021.
The central bank’s announcement solemnly warned that relevant institutions within its jurisdiction shall not provide services such as business premises, commercial exhibitions, marketing publicity, and payment diversion for virtual currency-related business activities. Financial institutions and payment institutions within the jurisdiction shall not directly or indirectly provide customers with virtual currency-related services.
In the past 3 months, the supervision of virtual currency transactions has continued to increase, starting from both production and transaction ends. On the one hand, the Bitcoin mines have been vigorously and comprehensively cleared, and the domestic mines have almost been wiped out; on the other hand, on the trading end , Prohibit banks, Alipay and other institutions from providing products or transaction services, comprehensively investigate and identify virtual currency exchanges and over-the-counter traders' capital accounts, and cut off the payment link of transaction funds in a timely manner.
On May 21, the 51st meeting of the State Council Financial Committee pointed out that it is necessary to crack down on Bitcoin mining and trading, and resolutely prevent individual risks from being transmitted to the social field. On June 21, the central bank has interviewed banks, Alipay and other institutions to prohibit the provision of virtual currency trading services. On May 18, three departments including the Payment and Clearing Association jointly announced that relevant member units and payment institutions are prohibited from participating in any business activities related to virtual currency, requiring financial institutions, payment institutions and other member units to effectively strengthen the monitoring of virtual currency transaction funds, relying on industry Self-regulatory mechanisms, strengthen risk information sharing, and improve the level of joint prevention and control of industry risks; where clues of violations of laws and regulations are discovered, measures such as restricting, suspending or terminating relevant transactions and services must be taken in a timely manner according to procedures, and reports to relevant departments.
Recently, Inner Mongolia, Sichuan and other places have fully cleaned up and shut down virtual currency "mining" projects. Inner Mongolia has set up a reporting platform for virtual currency “mining” companies. There are four main scopes of reporting: virtual currency “mining” companies; virtual currency “mining” companies that pretend to be data centers to enjoy preferential policies in taxation, land, and electricity prices ; Enterprises that provide venue leasing and other services for enterprises engaged in virtual currency "mining"; enterprises that obtain electricity supply through illegal means and engage in virtual currency "mining" business.
Affected by bad news from many parties, the recent price of Bitcoin has been hovering around $35,000, which has been "cut in half" compared to the previous period, and has entered a bear market in terms of technical indicators. After the announcement of enhanced supervision, most of the 396 tradable virtual currencies in the world are in a downward trend. With the gradual landing of the Fed's interest rate hike expectations, the prices of risky assets are faltering, and the pre-profit taking opportunities to realize the pressure on shipments has increased, and the prices may fall further.
The above announcement reminds consumers to enhance risk awareness and establish correct investment concepts. Do not participate in virtual currency trading hype activities, do not blindly follow the trend of virtual currency-related speculation, and beware of damage to personal property and rights. Personal bank accounts should be cherished and not used for recharging and withdrawing virtual currency accounts, buying and selling related transaction recharge codes, and transferring related transaction funds to prevent illegal use and personal information leakage. Report clues about violations of laws and regulations related to virtual currency transactions in a timely manner, and report to the public security organs in a timely manner for those suspected of illegal crimes.
