The Shanxi Provincial Leading Group Office for Disposal of Illegal Fund-raising issued a statement stating that with the rapid development of Internet finance, some criminals are using the banner of "financial innovation" and "blockchain" to speculate on "virtual currency", "virtual assets", "digital assets", etc. , taking advantage of the public’s low awareness of new things to illegally raise funds.
A few days ago, the Shanxi Provincial Leading Group Office for Dealing with Illegal Fund-raising issued a reminder to introduce the characteristics of illegal fund-raising of "virtual currency" to help the public identify and avoid falling into scams. It is worth noting that our country currently does not recognize the legal status of "virtual currency", and any financing activities involving token issuance are illegal. (Taiyuan Daily)