$XNY Domestic institutions and individuals engaging in activities such as exchanging legal tender for virtual currencies, issuing and financing real-world asset tokens within the country are suspected of illegal issuance of tokens and securities, illegal fundraising, unauthorized public offering of securities, illegal operation of futures business, and other illegal financial activities. Overseas virtual currency and real-world asset token service providers that directly or indirectly provide related business services to domestic clients in various forms are also considered to be engaging in illegal financial activities. Domestic staff of these overseas virtual currency service providers, as well as domestic institutions and individuals who knowingly or should have known about the virtual currency-related business but still provide services for it, will be held legally responsible in accordance with the law.
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$XNY Domestic institutions and individuals engaging in activities such as exchanging legal tender for virtual currencies, issuing and financing real-world asset tokens within the country are suspected of illegal issuance of tokens and securities, illegal fundraising, unauthorized public offering of securities, illegal operation of futures business, and other illegal financial activities. Overseas virtual currency and real-world asset token service providers that directly or indirectly provide related business services to domestic clients in various forms are also considered to be engaging in illegal financial activities. Domestic staff of these overseas virtual currency service providers, as well as domestic institutions and individuals who knowingly or should have known about the virtual currency-related business but still provide services for it, will be held legally responsible in accordance with the law.