CCTV News Broadcast: Beware of illegal fundraising in the name of "virtual currency"

CCTV News Broadcast: Beware of illegal fundraising in the name of "virtual currency"

Tonight, CCTV News Network broadcasted the newsletter "Preventing Illegal Fund Raising in the Name of "Virtual Currency", etc.". The program said: Recently, some criminals have been raising funds and other activities by issuing so-called "virtual currency", "virtual assets" and "digital assets" under the banner of "financial innovation" and "blockchain". The China Banking and Insurance Regulatory Commission, the Ministry of Public Security and other five departments jointly issued a risk warning: Such activities are not truly based on blockchain technology, but are actually illegal fundraising, pyramid schemes and fraud by hyping the concept of blockchain. The public can actively report to the relevant departments any clues of illegal crimes they find.

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