Close to regulators: Regardless of whether the company's main body is located at home or abroad, as long as it involves providing illegal trading channels, it will be severely punished

According to the Beijing Business Daily, on December 18th, "Shenzhen speeds up the rectification of virtual token transactions in Shenzhen, and eight suspected currency issuing companies were interviewed." The main body of domestic companies has also fought overseas, and some companies have said that they are not involved in the currency issuance business and only provide services. Regarding this situation, a close supervisor told reporters that regardless of whether the company's main body is located at home or abroad, as long as it involves the provision of illegal transaction channels for domestic consumers, it will be severely punished. In addition, any subsidiary behavior that cooperates with supporting domestic virtual token transactions is also illegal and must be cracked down. According to the aforementioned sources, the current regulation is to set up servers overseas, but the provision of virtual token transactions to domestic residents is still being further strengthened, mainly through finding problems in payment settlement, cutting ports, and severely cracking down. Nationally, the central bank takes the lead, and specific local cleanups are carried out by the Financial Bureau, and investigations are conducted in conjunction with public security and taxation. The overall principle is that no virtual token transaction behavior is allowed; any subsidiary behavior that cooperates with supporting virtual token transactions is also illegal, and no matter how it deforms, it must be severely beaten.