Gate News message: On April 7, the Ministry of State Security issued a written notice to warn of the risks of “token scams.” The document states that activities such as “hoarding tokens to get rich” and “making a profit from the price spread in off-the-counter trading” are suspected of illegal financial activities, or may be used by overseas espionage intelligence agencies, thereby endangering the country’s economic security. The Ministry of State Security emphasized that when facing new technologies and new applications, people should take the initiative to embrace them and make good use of them, while also guarding against three types of risks: the risk of disclosure and hijacking, the risk of forgery and tampering, and the risk of scam traps. The document advises the public that when facing a token boom, they should view its value rationally, while also paying attention to information security and privacy security, improving their security awareness, and doing so by understanding tokens and using tokens well.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SEC Crypto Shift Clarifies Rules Without Blanket Approval
The SEC has adopted a more lenient stance on crypto regulation, allowing some interfaces to operate without broker-dealer registration, but has not given blanket approval for the industry. Recent guidance clarifies how crypto assets are categorized, emphasizing that federal securities laws apply mainly to digital securities. Enforcement activity has decreased as the agency focuses on fraud and market integrity.
CryptoFrontier1h ago
Polish lawmakers want to overturn the president’s veto of the cryptocurrency bill but failed again in their latest attempt to push it through.
Poland’s parliament failed to override the president’s veto of the cryptocurrency regulatory bill, stalling the process of digital-asset legislation and making it one of the few countries in the EU that has not yet implemented the MiCA framework. Differences between the president and the government over the bill’s content led to a political stalemate, affecting market confidence and legal transparency.
ChainNewsAbmedia3h ago
Polish Parliament Fails to Override President's Veto on Crypto Law; PM Alleges Russian Interference
Polish lawmakers failed to override President Nawrocki's veto on a cryptocurrency regulation bill aimed at aligning with EU standards. Tensions rise as accusations emerge of Russian influence in a major crypto exchange amid liquidity issues and lack of regulation.
GateNews5h ago
White House Mediates Clarity Act Stablecoin Dispute, Witt Reveals Legislative Timeline
Patrick Witt announced at the Solana Policy Institute summit that the White House mediated a stablecoin dispute to advance the Clarity Act. The compromise allows banks and crypto firms to together address regulatory concerns, with future focus on crypto taxation and blockchain integration strategies among financial institutions.
GateNews12h ago
Hong Kong SFC Investment Committee Warns Prediction Market Trading May Constitute Illegal Gambling
The Hong Kong SFC warns that prediction markets are speculative and not investment products, lacking regulatory protection. They involve gambling elements, potentially making them illegal. The committee urges the public to differentiate between investment and gambling.
GateNews14h ago
Economist Proposes National USD Stablecoin to Eliminate Currency Controls in Venezuela
Alejandro Grisanti, head of Ecoanalitica, proposed issuing a national USD stablecoin as part of a series of measures to lift currency controls in Venezuela. This system would complement the current auction system, allowing the excluded sector to receive dollars via blockchain rails.
Key
Coinpedia16h ago
