Henan Province Local Financial Supervision and Administration Bureau issued digital collection investment risk reminder

The Henan Province Local Financial Supervision and Administration Bureau issued a risk warning on digital collection investment, and reminded consumers to be highly vigilant against the investment risks of NFT (non-homogeneous tokens) represented by digital collections, including investment liquidity risks and digital collection quality. risk, data information security risk and digital collection financial risk. The financial regulatory authorities have repeatedly emphasized that the underlying products of NFT must not contain financial assets such as securities, insurance, credit, and precious metals, and it is forbidden to weaken the non-homogeneous characteristics of NFT by dividing ownership or creating in batches, and carry out token issuance financing (ICO) in disguise. , Resolutely curb the tendency of NFT financialization and securitization.