On November 24th, the Beijing Youth Daily published the article "The blockchain is not equal to the national rectification of virtual currency." The article pointed out that as blockchain technology became a hot spot of social concern, the virtual currency that was severely cracked down by the regulatory authorities showed a resurgence. In response to this new situation, in the past two days, many local regulatory authorities have announced that a new round of clean-up and rectification has been launched nationwide. Some people close to the National Internet Financial Risk Special Rehabilitation Group Office said that the blockchain is rich in content and does not equal virtual currency. At present, all the promotion activities of the blockchain banner on virtual currency are illegal. Regulatory authorities have not changed their attitudes toward virtual currency speculation and virtual currency trading venues.