Withdrawals suspended! The central bank has taken 6 actions to rectify the "virtual currency" market in 33 days, firing the first shot!

(Original title: Withdrawals suspended! The central bank has taken 6 actions in 33 days to rectify the "virtual currency" market, firing the first shot!)

After experiencing a surge in the recent period, Bitcoin has recently run into trouble. It is understood that since January, the central bank has taken multiple actions to conduct an inventory and rectification work. Last week, it directly interviewed 9 Bitcoin platforms and further set red lines for Bitcoin trading platforms, including not being allowed to participate in money laundering activities. Under the regulatory red line, many domestic Bitcoin trading platforms have issued announcements to suspend Bitcoin withdrawal services.

A

Huobi.com suspends withdrawals.

Bitcoin price drops another 800 yuan

The central bank's inspection and rectification of the Bitcoin market is entering a deep water zone. Under this situation, Huobi.com, Bihang and other Bitcoin trading platforms recently announced that they will suspend Bitcoin withdrawals before the system upgrade is completed, but RMB withdrawals will not be affected.

Huobi.com and Bihang announced on their official websites that they would suspend all Bitcoin and Litecoin withdrawal services, and resume Bitcoin and Litecoin withdrawal services immediately after the system is implemented. The time for the formulation and implementation of industry standards is expected to be one month, and it may be significantly advanced depending on the development process. Subsequently, Shanghai-based Bitcoin trading platform Bitcoin China also announced that it would upgrade the Bitcoin and Litecoin withdrawal review system, and from now on, all Bitcoin and Litecoin withdrawal review services will take 72 hours.

The so-called Bitcoin withdrawal, commonly known as "moving bricks" by players, is to transfer Bitcoin from one account to another, or between different trading platforms. Since this transfer is not restricted by country, region, or currency, it provides a hotbed for money laundering crimes. For players who do not participate in "moving bricks", RMB recharge and withdrawal and other services are not affected. Users who need to withdraw funds can sell them in RMB for withdrawal, but they need to pay a handling fee of 0.3% to 0.5%.

After the announcement of the suspension of Bitcoin withdrawals, Bitcoin prices fell again. Huobi.com's market showed that the price of each coin fell from 7,484 yuan the previous day to around 6,700 yuan.

B

The central bank took action 6 times in 33 days.

Is the future of virtual currency worrying?

It has been three years since the central bank first regulated the Bitcoin market, and now it has taken action six times in 33 days, reflecting a strong regulatory attitude and firm determination to investigate.

The reporter found out through the information that on January 6, the central bank summoned the heads of the three largest bitcoin trading platforms in China and launched an investigation and rectification; on January 11, the central bank raided the scene and investigated "Huobi", "Bihang" and "Bitcoin China"; on January 18, the first batch of inspection results were announced: "Bitcoin China" exceeded the scope of operation and carried out margin trading business in violation of regulations, "Bihang" and "Huobi" failed to establish an anti-money laundering system as required, and the three major platforms immediately shut down financing and currency lending; on February 8, the central bank expanded the scope of the investigation and summoned 9 major platforms, including China Bitcoin, Bitcoin Exchange, Hao Bitcoin, Yunbi, Yuanbao, BTC100, Jubi, Bibei and Dahonghuo; on the morning of February 9, the central bank solemnly warned: Bitcoin trading platforms that seriously violate regulations will be shut down and abolished in accordance with the law; on the evening of February 9, Bitcoin China, Huobi and Bihang issued an announcement to suspend Bitcoin and Litecoin withdrawal business.

In the face of the investigation, the Bitcoin market reacted relatively directly, and under the stimulation of multiple news, the price plunged frequently. According to 21st Century Business Herald

Investment Connection

100% return in 250 days?

Bitcoin version of pyramid scheme is released

Last year, several investors in Tianjin came into contact with a financial management project that invested in virtual currency. It was said that this virtual currency was called China's first virtual currency and the Chinese version of Bitcoin. They thought it was a good opportunity to get rich. However, they did not expect that it was a trap.

When the reporter searches for "China's first virtual currency" on the Internet, a large number of web pages introducing FC Coin pop up. In these articles, there are quite eye-catching slogans such as "China's first virtual currency" and "Building a middle class of 20 million people". So how does this FC Coin make people rich?

It is understood that the game rules of FC virtual currency are very complicated. To put it simply, after the purchase of this virtual currency, it will slowly increase in value every day. After a specified number of days, the background will reward a portion of FC coins, and then investors can withdraw all the increased value and principal.

According to the victim, Ms. Wang, 8,420 yuan is the activation fund, which can be used to buy 1,400 virtual currencies. Then the currency will increase by 8 coins every day until it reaches 2,000 coins, after which it can be withdrawn from the company. According to this rule, if you invest 8,000 yuan, you will receive a return of 16,000 yuan after 250 days, more than doubling your profit.

However, after 250 days, Ms. Wang was unable to withdraw her funds, and other investors encountered the same problem. In response to questions about the inability to withdraw funds, the company said that the system had changed and there was no withdrawal function. One had to sell their currency to others before they could turn their virtual currency into cash. This is actually "recruiting people" in the pyramid scheme process.

remind

Don’t be tempted by high profits.

Avoid property loss

According to experts, virtual currency and virtual points are the main methods of new online pyramid schemes. They use online social platforms to carry out false propaganda, promise high returns, and lure netizens into being deceived.

At the same time, since the victims come from all over the country, it is also difficult for law enforcement agencies to collect evidence. Here is also a reminder: do not be tempted by unrealistic high profits on the Internet to avoid suffering financial losses.