A common misconception is that the people of our country are residents, not citizens, because citizens must have corresponding rights.

【Alarm Bell Rings】The exchange is being liquidated!

Today, let's not discuss right or wrong of the users, but rather talk about something more thrilling — the fate of the exchange.

According to the latest notice and judicial interpretation from ten ministries of the state, the conclusion is very simple:

Trading platforms, comprehensive cleanup domestically!

No matter if you are domestic or foreign, as long as you dare to provide services to domestic users, technical, payment, settlement, all will be pursued criminally!

Financial institutions, strictly forbidden to enter!

Banks and payment institutions are absolutely not allowed to open accounts, transfer, or settle for virtual currency trading. Dare to touch? All will be taken down!

Personal trading, gray survival!

Virtual currency trading between citizens still falls within civil matters, as long as there is no legislation prohibiting it, theoretically, it can still operate discreetly.

The undercurrents of the market have already surged, and if one is not careful, it could turn the world upside down.