Caixin: The Ministry of Public Security first participated in the supervision of virtual currency official documents

On August 24, the China Banking and Insurance Regulatory Commission, the Central Cyberspace Affairs Commission, the Ministry of Public Security, the People's Bank of China and the State Administration for Market Regulation jointly issued the "Notice on Preventing Illegal Risk Fund Raising in the Name of "Virtual Currency" and "Blockchain". Caixin reporters noticed that this is the first time that the Ministry of Public Security has appeared in official documents on the supervision of virtual currencies, ranking after the China Banking and Insurance Regulatory Commission and the Central Cyberspace Affairs Commission. This is also the first time that someone has been pointed out to raise risk funds under the banner of "blockchain" in addition to "virtual currency". "We have never relaxed our crackdown on such illegal fund-raising in the name of virtual currency. Our consensus with the public security and cyberspace administration departments is more consistent and in-depth, including the actions taken against public accounts such as Golden Finance a few days ago." A person close to the regulator told Caixin reporters.