Director of the Payment and Settlement Department of the People's Bank of China: The central bank has a dedicated rectification leading group responsible for ICO and virtual currency.

According to Sina Finance News, June 13-14, "2019 Lujiazui Forum" was held in Shanghai. Wen Xinxiang, Director of the Payment and Settlement Department of the People's Bank of China, attended the “City, Technology and Finance” section. At the meeting, the moderator asked, “In China, digital currency has developed very fast. What kind of regulatory attitude should we adopt for the future of digital currency?” Wen Xinxiang said, “The central bank has a special responsibility for the rectification of ICO and virtual currency. Leading the group. Our country's task of protecting consumer rights is very important. In the payment department, I have a lot of energy to cooperate with relevant departments to carry out anti-crime activities, anti-money laundering activities or combat telecommunication fraud."