Registration and download of Qualcomm coin miner

1. It's illegal< The Ministry of instry and information technology of the central information office of the people's Bank of China
State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission
announcement on prevention of financing risks in token issuance
recently, a large number of financing activities have emerged in China through token issuance, including initial token issuance (ICO), and speculation is prevalent, suspected of engaging in illegal financial activities, It has seriously disrupted the economic and financial order. In order to implement the spirit of the national financial work conference, protect the legitimate rights and interests of investors, prevent and resolve financial risks, in accordance with the law of the people's Republic of China on the people's Bank of China, the law of the people's Republic of China on commercial banks, the Securities Law of the people's Republic of China, the law of the people's Republic of China on network security, and the regulations of the people's Republic of China on telecommunications The measures for banning illegal financial institutions and illegal financial business activities and other laws and regulations are hereby announced as follows:
first, accurately understand the essential attributes of token issuance and financing activities
token issuance and financing refers to the so-called "virtual currency" raised by financing entities from investors through illegal sale and circulation of tokens, In essence, it is a kind of unauthorized illegal public financing, which is suspected of illegal sale of token tickets, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid selling and other illegal and criminal activities. Relevant departments will closely monitor relevant developments, strengthen cooperation with judicial departments and local governments, strictly enforce the law in accordance with the current working mechanism, and resolutely deal with market chaos. If suspected crimes are found, they will be transferred to judicial organs
the token or "virtual currency" used in token issuance financing is not issued by the monetary authority, has no monetary attributes such as legal compensation and compulsion, does not have the same legal status as currency, and cannot and should not be used as currency in the market< (2) no organization or indivial is allowed to engage in the financing activities of token issuance illegally. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects< Third, strengthen the management of token financing trading platform
from the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal currency and token or virtual currency, nor trade or act as the central counter party to trade token or virtual currency, nor provide pricing services for token or virtual currency Information intermediary and other services
for the token financing trading platform with illegal and illegal problems, the financial management department will request the competent department of telecommunications to close its website platform and mobile app according to law, request the network information department to remove the mobile app from the app store, and request the instrial and commercial administration department to revoke its business license according to law< 4. Financial institutions and non bank payment institutions are not allowed to carry out business related to token issuance financing transactions.
financial institutions and non bank payment institutions are not allowed to directly or indirectly provide procts or services such as account opening, registration, trading, settlement, etc. for token issuance financing and "virtual currency", It is not allowed to underwrite insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability. Financial institutions and non bank payment institutions shall report to the relevant departments in a timely manner if they find clues of violation of laws and regulations in token issuance financing transactions< Fifth, the public should be highly alert to the potential risks in the financing and trading of token issuance
there are multiple risks in the financing and trading of token issuance, including the risk of false assets, the risk of business failure, the risk of investment speculation and so on. Investors should bear the investment risk on their own, and hope that the majority of investors will be wary of being cheated
for all kinds of illegal financial activities carried out by using the name of "currency", the public should strengthen the awareness of risk prevention and identification ability, and timely report relevant illegal clues< Sixth, give full play to the self-discipline role of instry organizations
all kinds of financial instry organizations should do a good job in policy interpretation, urge member units to consciously resist illegal financial activities related to token issuance and financing transactions and "virtual currency", stay away from market chaos, strengthen investor ecation, and jointly maintain the normal financial order.

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