The Banking Regulatory Commission issued the "Notice on Conducting the Investigation and Remediation of Illegal Fund Raising Risks", which covers "virtual currency"

According to the Economic Information Daily, the person in charge of the relevant department of the China Insurance Regulatory Commission said in an interview that the Joint Meeting Office has issued the Notice on Conducting the Investigation and Remediation of Illegal Fund Raising Risks to the Non-Leading Group Offices of the Provinces (Districts, Municipalities). "Notice"), officially launched a three-month (April 1 to June 30, 2019) national illegal fundraising risk investigation and rectification activities. The "Notice" requires attention to the following objects: the abnormal information such as registration and operation, the name and business scope use the words "finance", "investment" and "financial management"; the propaganda contains or involves "consumer rebate" and "financial mutual assistance" Virtual currency, “ageing for poverty”, “military and civilian integration”, etc., as well as commitment to high returns, high returns, express or implied preservation, guarantee, no risk, etc.; the public has reported, or there are investors in the business premises, especially the elderly People, poor people gather; there are suspicious capital transactions.