Front page of the Legal Daily: National policy on virtual currencies will not change, and purges reflect the continuity and stability of national legal policies

On November 26th, the front page of the Legal Daily newspaper “Stopped the erratic wind of borrowing blockchain to hype virtual currencies”. According to the article, with the recent blockchain technology becoming a hot spot in society, some organizations and institutions have begun to ramp up the popularity of blockchain and promote the promotion of virtual currencies under the banner of blockchain, including the price of virtual currencies including Bitcoin. Beginning to soar, and the country's easing of virtual currency regulation is also misleading some investors. Blockchain is by no means equivalent to virtual currencies. The state's policy on virtual currencies will not change, and the attitude of regulatory authorities in cracking down on virtual currency hype and virtual currency trading venues will not change. Undoubtedly, the clear attitude and strict measures of the regulatory authorities have cleared up the current turbulence of using some blockchains to speculate on virtual currencies, and further demonstrated the continuity and stability of national laws and policies.