Yang Haipo: The return of the air currency to the zero currency is very unprofessional. The focus should be on pyramid schemes rather than project characterization.

Yang Haipo, CEO of ViaBTC Mine Pool, said on Weibo today that air currency and zero-coin are actually a very unprofessional saying. There is still a large number of stocks in the stock market. Is Jia Yueting holding PPT financing an air project? The token market itself is a high-risk market. Failure to return to zero is normal. Regulators should focus on whether there is a pyramid scheme fraud, rather than subjectively characterizing the project. In this respect, the United States is doing a better job of classifying tokens into tool-based tokens, securities-based tokens, and fraud-based tokens. Different types of tokens are served by different departments.