13 departments continue to crack down on Crypto Assets

On November 28, 2025, the People's Bank of China held a meeting of the coordination mechanism for combating the speculation of virtual currency trading, attended by the Ministry of Public Security, the Cyberspace Administration of China, the Central Financial Office, the Supreme People's Court, the Supreme People's Procuratorate, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Justice, the People's Bank of China, the State Administration for Market Regulation, the National Financial Regulatory Administration, the China Securities Regulatory Commission, the State Administration of Foreign Exchange and other units. The meeting mentioned the continued adherence to the prohibitive policy on virtual currencies, combating the speculation of virtual currency trading, and rectifying the chaos in virtual currencies. At the same time, all units must deepen collaboration, improve regulatory policies and legal foundations, focus on key links such as information flow and capital flow to strengthen information sharing, further enhance monitoring capabilities, severely crack down on illegal activities, protect the property safety of the people, and maintain the stability of the economic and financial order. For friends in the circle, gray production is gray production, and the compliant path of Web3 is increasingly distant and challenging!!! #成长值抽奖赢iPhone17和周边 #Gate广场圣诞送温暖 #