The new regulations on digital currency have been released, and the People's Bank of China is leading the market standardization and legalization!
Recently, the central bank issued an exciting news-"Notice on Strengthening Digital Currency Supervision", which marks that the digital currency regulatory market is moving towards a new era of standardization and legalization!
1. Unprecedented supervision to ensure safe and legal transactions
In the notice, the central bank clearly emphasized the importance of digital currency transaction supervision and vowed to strengthen the supervision of digital currency trading platforms. This means that those platforms that have not been approved or have not obtained the corresponding qualifications will be banned according to law, and the platform access review will be more stringent. At the same time, the platform needs to improve the internal risk control system, strengthen customer identity authentication and anti-money laundering measures to ensure the healthy operation of the market.
2. Market publicity and education go hand in hand to enhance investor rationality
In order to make consumers look at digital currency more rationally and avoid economic losses caused by blind investment, the central bank proposed the necessity of publicity and education on the digital currency market in the notice. For digital currency projects with bad behaviors such as fraud, false propaganda, etc., the central bank will expose and crack down on them in a timely manner to maintain market order and consumer rights.
3. Risk detection and analysis, build a solid security line
In the notice, the central bank particularly emphasized the importance of detection and analysis of digital currency and risk prevention. This means that the central bank will use advanced technical means to conduct real-time monitoring and risk assessment of the digital currency market, timely discover and deal with potential risks, and ensure the stability and security of the market.
4. Improve laws and regulations to escort the healthy development of the market
In the notice, the central bank also put forward suggestions for promoting the improvement of digital currency laws and regulations. This will provide strong guarantees for the healthy development of the digital currency market and ensure that the market operates in an orderly manner within the legal framework.
The release of this new regulation is undoubtedly an important milestone in China's digital currency supervision, demonstrating the government's firm determination and strong action to maintain financial stability and protect the interests of investors. We have reason to believe that under the leadership of the central bank, the digital currency market will usher in a healthier, more standardized and orderly development!