Under the severe crackdown, some websites are still promoting virtual currency marketing

　　Xinhua News Agency, Shanghai, November 4 -

　　Xinhua News Agency "Xinhua Viewpoint" reporter Dong Xue

　　The People's Bank of China and many other departments have clarified that virtual currency-related business activities are illegal financial activities. Those who provide marketing and publicity for overseas virtual currency exchanges shall be held accountable in accordance with the law.

However, the reporter of "Xinhua Viewpoint" recently investigated and found that some websites are still advocating virtual currency marketing.

　　Such websites not only hype the virtual currency market under the guise of "blockchain" and "meta universe", but also publish article tutorials, organize events, and live roadshows to attract traffic for various overseas virtual currency marketing.

Propaganda of virtual currency is still active under the crackdown

　　"Since 2017, when the high-pressure crackdown on virtual currency trading hype activities, my country's domestic virtual currency trading and issuance platforms have been cleared and banned, but many virtual currency-related websites and self-media are still active." Shanghai Pudong Reform and Development Research Institute Finance Said Liu Bin, director of the shipping research office.

　　In addition to publishing the progress of the blockchain industry on the homepage, many of the other actively planned and reprinted content on such websites are related to the recommended virtual currency:

　　——"Project", which gathers all kinds of virtual currency project information around the world.

Some use the "game" tutorial collection and other methods to list various virtual currency projects, and some directly publish virtual currency cross-border trading tutorials to teach netizens to speculate coins "hands-on";

　　——"Activity", to publish a notice for the exchange activities of virtual currency projects and provide an online registration window;

　　——"Live", especially the App version of "Live" regularly organizes roadshows for various virtual currency projects, and the project leader makes an online presentation;

　　——"Master Column", a gathering place for "big guys in the currency circle", publishes virtual currency hype articles publicly.

Receive money and publish articles, release virtual currency related marketing information

　　According to the reporter’s understanding, some virtual currency-related websites collect money and post articles, and spend money to allow virtual currency-related marketing information to appear on the relevant platforms, and do not mark "advertisement" and "promotion". The price varies depending on the platform, and it is cheaper. Dozens of dollars, tens of thousands of dollars more expensive.

　　The homepage display is 9,000 yuan, and the non-homepage display is 3,000 yuan. This is an active virtual currency-related website staff to give reporters a quotation, and "the price will change with the market, please confirm the price in advance before placing an order."

　　XX "is a decentralized virtual space meta-universe + nft project completely owned by the community, blockchain digital asset confirmation, and dual-chain review Binance + Huobi contract address: 0xFf..." This is the press agency to show reporters The paid promotion sample text can be published on multiple platforms for hundreds of dollars.

　　In addition, the reporter found that some websites have currency circle capital behind them, and they have a deeper interest relationship with virtual currency platforms.

　　In September this year, in response to the rise of virtual currency transaction speculation, ten departments including the People's Bank of China issued the "Notice on Further Preventing and Disposing of the Risk of Virtual Currency Transaction Speculation", clarifying that virtual currency-related business activities are illegal financial activities.

For domestic staff of relevant overseas virtual currency exchanges, as well as legal persons, unincorporated organizations and natural persons who know or should know that they are engaged in virtual currency-related businesses and still provide them with services such as marketing promotion, payment and settlement, technical support, etc., they shall be investigated in accordance with the law. responsibility.

　　"As long as the Internet platform recommends virtual currency, it can be determined to be a violation." said Deng Jianpeng, a professor at the Central University of Finance and Economics School of Law.

Plus Daquan Chain Supervision

　　According to industry insiders, the reason why many websites take risks is mainly due to the various forms of sideballs, limited supervision resources and low cost of violations.

　　According to the relevant person in charge of the People’s Bank of China, in order to build a multi-dimensional and multi-level virtual currency transaction hype risk prevention and disposal system, financial management departments, network information departments, telecommunications authorities, public security departments, and market supervision departments have worked closely to cut off Comprehensive policies are implemented in terms of payment channels, handling relevant websites and mobile applications in accordance with the law, strengthening the registration of relevant market entities and advertising management, and cracking down on illegal financial activities and other illegal and criminal activities in accordance with the law.

　　Mao Lingling, director of the Financial Supervision and Criminal Governance Research Center of East China University of Political Science and Law, said that virtual currency trading activities disrupt the economic and financial order.

At present, my country supervises the entire chain of virtual currency activities.

The market supervision department shall, in conjunction with the financial management department, strengthen the supervision of advertisements related to virtual currency in accordance with the law, and promptly investigate and deal with relevant illegal advertisements.

　　In addition to intensifying efforts to rectify websites for virtual currency marketing and promotion, some interviewees said that virtual currency trading and issuance platforms are all overseas, which brings challenges to the eradication of virtual currency-related activities. Therefore, it further prevents overseas virtual currency from landing in China. Channels are very important, including relevant WeChat official accounts, Weibo and other platform accounts.