Virtual currency exchanges cleared mainland users. Do blockchain-related practitioners have to speculate coins?

The deepest crisis of

is the greatest opportunity! Interpretation of the "September 24th Notice".

On September 24, the Central Bank and the Supreme Law and other ten ministries issued the "Notice on Further Preventing and Disposing of the Risks of Virtual Currency Trading Hype"

Notice issued by the Central Bank on September 24

Clarify virtual currency related business activities It is an illegal financial activity.

Under strict supervision, exchange "giants" have withdrawn one after another.

Compared with previous policies and regulations, there are seven differences

1. It is directly pointed out that all kinds of virtual currencies are not protected by our country's laws;

2. Providing "pricing services" for virtual currencies is also an illegal financial activity and will be Banned;

3. The virtual currency transaction "information intermediary" model is no longer gray and has been classified as illegal;

4. It is illegal for overseas exchanges to provide services to the mainland, and the staff employed in the mainland cannot escape the law Responsibility;

5. Participating in virtual currency investment transactions has legal risks, on the grounds that it violates public order and good customs, and the loss is borne by yourself;

6. Cryptocurrency will become a "sensitive vocabulary" and will be focused on in this regulation;

7. Focus on the crimes, from the previous crimes of organizing and leading pyramid schemes, etc., gradually changing to crimes of illegal business and fraud.

On September 26, the largest virtual currency exchange in China-Huobi issued the "Announcement for Users of Orderly Clearing Out of Memory in the Country".

Announcement issued by Huobi Exchange

On September 27, the Spark Mine Pool announced the suspension of operations.


Spark Mine Pool is closed

As of today, October 12, large domestic and foreign virtual currency exchanges have announced the suspension of services to mainland users. The ten ministries and commissions noticed that the price of BTC fell to 40,000 US dollars on the day of the announcement.

September 24 BTC price

And just today, at noon on October 12, BTC rose to 57,000 US dollars.

October 12 BTC price

Different countries treat virtual currencies, especially BTC. Bitcoin has become a real "Internet gold".

Domestically engaged in blockchain ~ virtual currency related industries, it has been very clear now ~ illegal!

If you want to continue working in the "blockchain industry", pay more attention to the latest cutting-edge technologies and development directions.

Tencent, Ali , ByteDance have all openly recruited technical personnel and released NFT related information and products!

Of course, the virtual currency of the NFT category is still the same as the virtual currency, which belongs to the scope of combat.

The deepest crisis is also the greatest opportunity.

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