The People's Bank of China and seven other departments: Any organization or individual investing in virtual currencies, real-world asset tokens, and related financial products shall bear the losses themselves.

Deep Tide TechFlow News, February 6th, the People’s Bank of China and seven other departments issued a notice on further preventing and addressing risks related to virtual currencies and other related activities. The notice states that engaging in illegal financial activities related to virtual currencies and real-world asset tokenization in violation of this notice, as well as providing services for virtual currency and real-world asset tokenization businesses, will be punished in accordance with relevant regulations; if a crime is committed, criminal responsibility will be pursued according to law. For domestic entities and individuals who knowingly or should have known that foreign entities illegally provide virtual currency and real-world asset tokenization services within China and still assist them, relevant responsibilities will be pursued according to law; if a crime is committed, criminal responsibility will be pursued according to law.

Any organization or individual investing in virtual currencies, real-world asset tokens, and related financial products that violate public order and good customs, the relevant civil legal acts are invalid, and any losses resulting from this will be borne by themselves; if suspected of disrupting financial order or endangering financial security, relevant departments will investigate and handle according to law. (Jin10)