Director of Guangzhou Financial Bureau: All virtual currency platforms in Guangzhou have withdrawn from the market normally

On December 25, the 2019 Guangzhou Finance (Beijing) Investment Promotion Conference was held in Beijing. Qiu Yitong, the director of the Guangzhou Financial Bureau, said at the meeting that all the online loan institutions in Guangzhou are exiting in an orderly and stable manner, and the remaining few institutions are also undergoing transformation in accordance with national and provincial deployment. In addition, all areas of internet equity financing, foreign exchange trading platforms, asset management, and cross-border areas in Guangzhou have been cleaned up and rectified, and all virtual currency platforms have withdrawn from the market normally.