The Internet revealed that the Bitcoin trading platform cleaned up the files and interviewed 8 key points

Recently, a document titled "Requirements for the Cleanup and Rectification of Bitcoin Trading Platforms" (hereinafter referred to as the "Rectification Document") has been circulated on the Internet. The "Rectification Document" reveals the work flow of this cleanup and rectification: interview the main responsible persons → conduct on-site inspections → propose rectification opinions → regularly report the progress of the cleanup and rectification.

Schematic diagram of the "Requirements for Cleaning Up and Rectifying Bitcoin Trading Platforms" circulated online. Image source: Phoenix.com

The focus of the talks was that Bitcoin trading platforms must not violate the following eight requirements:

1. Not be allowed to engage in financing and currency lending business;

2. No recharge fee is allowed;

3. Not to participate in money laundering;

4. Must not violate the relevant foreign exchange management regulations of the State;

5. Not engaging in payment business in violation of regulations;

6. No operations beyond the scope of business;

7. It shall not violate the laws and regulations on industrial and commercial advertising;

8. Do not violate securities, futures and other laws.

The inspection content includes: basic information of the platform, platform operation status, whether it violates relevant regulations of the exchange, whether financial business is carried out in violation of regulations, implementation of the anti-money laundering system, customer funds status and other contents that need to be investigated.

Based on the actual inspection situation, rectification suggestions may be put forward to the platform, including but not limited to: stopping financing and currency lending business, charging transaction fees, suspending currency withdrawal business, establishing and improving relevant anti-money laundering systems, and conducting various businesses in accordance with the law.

In addition, the "rectification document" also made requirements for the guidance of public opinion on Bitcoin trading platforms. It is required to do a good job in guiding public opinion during the rectification process, and to speak out through official website releases, media interviews, expert interpretations and other methods to release regulatory signals and guide social expectations.

It is worth noting that it is still unknown which department issued the "Rectification Document" and the specific issuance date is unclear.