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amazon wholesale jewelry boxes On September 4th, the central bank jointly issued an announcement on the prevention of tokens issuing financing risks. Some analysts believe that the central bank's name for the issuance of tokens issuance financing is essentially cracking down on illegal token financing and strengthening financial supervision. So, what impact does the central bank's call for the issuance of tokens on the stock market?
What is the issue of the tokens?
What is the issuing financing? Tokens Issuing financing refers to raising the so -called "virtual currency" such as Bitcoin and Ethereum to investors through the illegal sale and circulation of tokens. Tokens or "virtual currencies" do not have currency attributes, do not have legal status as currency, and cannot be used as currencies in the market. However, recently, some organizations and individuals borrowed the tokens to issue financing machines for hype. They were suspected of engaging in illegal financial activities and seriously disrupted the economic and financial order.
For this reason, the People's Bank of China, the Central Internet Information Office, the Ministry of Industry and Information Technology, the General Administration of Industry and Commerce, the CBRC, the CSRC, and the Insurance Regulatory Commission on the prevention of tokens' financing risks. The announcement clearly states that the token issuance financing is essentially an act of illegal public financing without approval illegal publicity.
The impact on the issuance of stop currency issuance on the stock market:
For the central bank's request to stop various token issuance financing activities, Wang Jianhui, the general manager of the Securities R