Multiple Self-Media Accounts Involved in Virtual Currency Violations Have Been Permanently Shut Down; Shenzhen Reports on Typical Cases
Svmuu News: The Shenzhen Branch of the People’s Bank of China, the Shenzhen Securities Regulatory Bureau, the Municipal Internet Information Office, and the Municipal Local Financial Administration Bureau have continued to carry out in-depth special rectification campaigns, urging local website platforms to strictly fulfill their primary responsibilities and to take action against a number of self-media accounts that have violated laws and regulations in accordance with the law and relevant agreements.Some typical cases include accounts such as “USDT Merchant Discussion Group,” “Join Forces to Trade Virtual Currency,” “Search Bitcoin,” “Weizhi Kuaihuan,” “Zhonglian Laojiu,” “Take Some Medicine and Sleep Well,” “Little Goldfish 9884,” “User 0767527971,” among others, have illegally provided marketing and promotional information regarding virtual currency-related business activities to users within China, inducing the public to participate in illegal virtual currency financial activities. In accordance with relevant policy provisions, including the “Notice on Further Preventing and Addressing Risks Related to Virtual Currencies and Other Matters,” the aforementioned accounts have been permanently closed by the platforms in accordance with the law and their terms of service.
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