Xinhua News Agency, Beijing, September 25. “China Securities Journal” published an article on the 25th, “Preventing and disposing of speculation risks, prohibiting the development of “mining” projects, “two punches” to rectify virtual currency”. According to the article, on September 24, the People’s Bank of China, the National Development and Reform Commission and other departments issued notification requirements to further prevent and deal with the risk of virtual currency transaction speculation, and rectify virtual currency “mining” activities.
Data map, issued by Xinhua News Agency
The People’s Bank of China and other departments issued the “Notice on Further Preventing and Disposing of the Risks of Virtual Currency Trading Speculation” (hereinafter referred to as “Notice 1”), clarifying that all virtual currency-related businesses such as virtual currency exchange are illegal financial activities, and proposed to strengthen the protection of virtual currency Measures such as monitoring and early warning of transaction speculation risks. The National Development and Reform Commission and other departments issued the “Notice on Regulating Virtual Currency “Mining” Activities” (hereinafter referred to as “Notice 2”), which clearly prohibits investment in the construction of incremental projects, and prohibits the development of virtual currency “mining” projects in any name.
Notice 1 clearly pointed out that my country’s regulatory policies on virtual currencies are clear and consistent. Virtual currencies that are issued by non-monetary authorities, use encryption technology, distributed accounts or similar technologies, and exist in digital form, such as Bitcoin, Ethereum, etc., including so-called stable currencies such as TEDA, are not equivalent to legal currencies Its legal status cannot be circulated in the market as a currency.
The relevant person in charge of the People’s Bank of China emphasized when answering questions from reporters on the notice that virtual currency exchange, virtual currency trading as a central counterparty, provision of matching services for virtual currency transactions, token issuance financing, and virtual currency derivative transactions, and other virtual currency-related businesses All are illegal financial activities, and they are strictly prohibited and resolutely banned in accordance with the law; the provision of services by overseas virtual currency exchanges to residents of my country through the Internet is also an illegal financial activity.
Notice 1 proposes a number of work measures, including establishing a normalized working mechanism for departmental coordination and central and local linkage; strengthening the monitoring and early warning of virtual currency trading speculation risks; building a multi-dimensional, multi-level virtual currency trading speculation risk prevention and disposal system Wait.
Dong Ximiao, chief researcher of China Merchants Union Finance, reminded that the public should fully understand the nature and risks of Bitcoin and other virtual currencies, withstand the temptation, protect their wallets, and refrain from participating in any form of trading or speculation.
Notice 2 puts forward a number of basic principles, clearly prohibiting investment in the construction of incremental projects, and prohibiting the development of virtual currency “mining” projects in any name.
Notice 2 requires that the local virtual currency “mining” projects that have been put into operation are comprehensively sorted out, the project list is established, and the basic data of the company, scale, computing power, power consumption and other basic data of the virtual currency “mining” projects in operation are sorted out one by one. , Real-time dynamic updates every week. Strengthen the dual control of energy consumption in the new virtual currency “mining” project. Incorporate the prohibition of new virtual currency “mining” projects into the energy consumption dual control assessment system, strictly implement the energy management and control responsibilities of local governments, and conduct energy dual control assessments in areas where new virtual currency “mining” projects are discovered and verified Calculate energy consumption by doubling the energy consumption of new projects.
The second notice clarified that virtual currency “mining” activities are listed as eliminated industries. The “virtual currency’mining’ activity” was added to the “elimination category” of the “Industrial Structure Adjustment Guidance Catalogue (2019)”. It is strictly forbidden to carry out virtual currency “mining” activities in the name of a data center. Strengthen the supervision and investigation of virtual currency “mining” activities, clearly distinguish the boundaries between “mining” and blockchain, big data, cloud computing and other industries, and guide related companies to develop high-tech industries with low resource consumption and high added value. The use of data is strictly prohibited The center carries out virtual currency “mining” activities, and prohibits the promotion and expansion of virtual currency “mining” projects in the name of the development of digital economy and strategic emerging industries.
Zhou Jianhua, an analyst at Centaline Securities, said that Bitcoin speculation has resulted in a large number of follow-up “mining” behaviors, which has caused a huge waste of power resources and is not in line with my country’s “dual carbon” target requirements. (over)Return to Sohu to see more
Editor:
Disclaimer: The opinions of this article only represent the author himself. Sohu is an information publishing platform. Sohu only provides information storage space services.
.