$The central bank talks about encrypted assets for the first time, is the currency circle ushering in a turn for the better?

Recently, the official website of the People's Bank of China released the much-anticipated "China Financial Stability Report" (hereinafter referred to as the "Report"). Reading through the full text, we can not only discover the difficulties faced by our country's economic growth between the lines, but also feel the efforts made by regulatory agencies such as the central bank to stabilize the economic market. At the same time, we have also seen that in the context of today's huge economic downward pressure, regulatory agencies are focusing mainly on the disposal of non-performing assets of banking and other financial institutions, defusing high-risk enterprise groups, and rectifying third-party wealth management companies and cross-border financial institutions. In fields such as overseas Internet securities firms, the focus of maintaining financial order has not wavered.

However, stability does not mean standing still. In this report on making progress while maintaining stability, the central bank has for the first time made a clear discussion of the risks associated with crypto-assets and its future regulatory attitude in a serious manner. This has to be said to be a major milestone. progress.