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The state cyber information office once again concentrated on rectifying the chaos of virtual currency speculation, and 105 websites and platforms such as "coin Toutiao" were closed

Time : 27/10/2021 Author : ypdm64 Click : + -
        On August 9, wechat China's official wechat official account announced that 105 websites and platforms, such as "coin Toutiao", which are specially used to promote the marketing of virtual currency and release tutorials to explain cross-border currency speculation and virtual currency "mining", were shut down by the state Internet Information Office in conjunction with relevant departments. In fact, since 2018, the state Internet Information Office has repeatedly cleaned up and rectified the virtual currency information on wechat public platforms, Weibo, Baidu, website app and other network platforms, and has always maintained a high-pressure policy on the diversion and publicity content of the we media in the currency circle. A legal person told the blockchain daily that it was very timely for the state cyber information office to focus on rectifying the chaos involving virtual currency speculation, and the measures to deal with propaganda information, accounts and websites were also targeted.
 
        Under the pretext of releasing news, the platform engaged in propaganda and diversion is facing a greater risk of being closed. On August 9, wechat China's official wechat official account announced that in accordance with the spirit of the notice on further preventing and handling the risks of speculation in virtual currency transactions, the state Internet Information Office urged and guided the major websites and platforms to effectively implement the main responsibility, continue to maintain the high-pressure attack on the speculation in virtual currency transactions, and increase the self-examination and self-correction of information content and accounts such as inducing virtual currency investment. Weibo, Baidu and other website platforms closed 12000 illegal user accounts such as @ ice Blizzard founder and @ coin circle pop master according to the user agreement, and cleared more than 51000 illegal information such as "investing in bitcoin to make money easily".
 
        The state network information office said it would strengthen supervision and inspection. Under the banner of "financial innovation" and "blockchain", 989 micro blogs, post bar accounts and wechat official account, such as @ Feige's story Jianghu and @ absolute sense bitcoin, which induce netizens to invest in "virtual currency", "virtual assets" and "digital assets", are closed according to law. In addition, the state Internet Information Office guided local Internet information departments to interview more than 500 business entities such as "chain nodes" and "venture capital circles" involved in the promotion and speculation of virtual currency, and required to comprehensively clean up the information content of the promotion and speculation of virtual currency transactions. The state cyber information office, together with relevant departments, has shut down 105 websites and platforms, such as "coin Toutiao", which is dedicated to promoting virtual currency marketing and publishing tutorials to explain cross-border currency speculation and virtual currency "mining".
 
        "I personally think that this time the state cyber information office concentrated on rectifying the chaos involving virtual currency speculation, and the measures to deal with propaganda information, accounts and websites are also very targeted." Liu Yang, partner lawyer of Beijing Deheng Law Firm, told the reporter of blockchain daily. He pointed out that the crime of illegally using information networks stipulated in article 287-1 of China's criminal law includes the act of "publishing information for the purpose of committing fraud and other illegal and criminal activities."; The crime of helping information network criminal activities stipulated in article 287 BIS has more clearly stipulated the act of "advertising promotion". In addition, the notice on further preventing and dealing with the speculation risk of virtual currency transactions also makes prohibitive provisions on "providing information intermediary and pricing services for virtual currency transactions".
 
        In addition, the notice also stated that the domestic staff of relevant overseas virtual currency exchanges, as well as the legal persons, non legal persons and natural persons who know or should know that they are engaged in virtual currency related business and still provide marketing publicity, payment and settlement, technical support and other services for them, shall be investigated for relevant responsibilities according to law. The first time we media in the coin circle encountered a large-scale ban occurred in August 2018. At that time, a large number of blockchain official account, such as gold finance, Huobi information, cannon rating, coin world express service, Shenzhen chain finance, daily coin reading, token club, and WuJie blockchain, were closed. At that time, Tencent officials said that some official account were suspected of publishing information on the speculation of ICO and virtual currency transactions, violating the Interim Provisions on the development and management of instant messaging tools and public information services, and had been ordered to block all contents, and their accounts were permanently closed.
 
        Previously, on September 24, 2017, the central bank and six ministries and commissions issued the announcement on preventing the financing risk of token issuance, which clearly defined that ICO was classified as illegal financing. According to public information, on the evening of December 12, 2019, the microblog accounts of sun Yuchen, the founder of the wave field, and He Yi, the co-founder of Bi'An, were closed one after another. The relevant pages showed that the account could not be viewed because it was complained of violating laws and regulations and the relevant provisions of the microblog community convention. On March 11, 2021, the official microblogs of many cryptocurrency exchanges such as bitcoin, Huobi and Ouyi (previously okex) were blocked. At present, the page can not be opened, and it shows that "the account is now unavailable for viewing because it is complained of violating laws and regulations and the relevant provisions of the microblog community Convention".
 
        On June 5, 2021, the microblogs of big V in the currency circle, such as traders Xiaoxia, fat house bitcoin, bage talk coin, super bitcoin, and blockchain William, were banned. On the evening of July 15, 2021, biworld announced on its official website that it would actively cooperate with the industry rectification requirements of the regulatory authorities, and that the biworld app and website would stop operating in China from that date. On September 24, 2021, the central bank and other ten departments jointly issued the notice on further preventing and dealing with the risks of speculation in virtual currency transactions, which clearly pointed out that the business activities related to virtual currency are illegal financial activities. In addition to prohibiting banks and other institutions from providing relevant transfer financial services, it also specified that the government would provide marketing publicity and technical support services for overseas cryptocurrency exchanges, and the government would investigate the responsibility according to law.
 
        
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