Central Bank Shanghai Headquarters: Continue to monitor and dispose of risks in ICO and virtual currency transactions

According to The Paper, the Shanghai headquarters of the People’s Bank of China held a work conference for the second half of 2020. The meeting requested to continue to monitor and dispose of Internet financial risks such as ICO and virtual currency transactions, P2P online lending. Vigorously crack down on illegal activities such as cross-border gambling, telecommunications network fraud, illegal operation of payment institutions, and operation of payment services without a license. Do a good job in the classification and rating of anti-money laundering and investigation and coordination in key areas.