Beijing Internet Financial Industry Association: Beware of illegal fundraising using new concepts such as stablecoins

By: odaily.com|2025/07/09 16:16:38
0
Share
copy

Odaily News The Beijing Internet Finance Industry Association issued a risk warning to beware of illegal fundraising using new concepts such as stablecoins: Recently, various digital currencies and related concepts represented by stablecoins have attracted market attention. Some illegal institutions and individuals, under the guise of financial innovation, blockchain technology, digital economy, digital assets and other gimmicks, take advantage of the fact that the public has not yet deeply understood new financial concepts, and issue or hype so-called virtual currencies, digital assets, stablecoin investment projects, etc., promise high returns, and induce the public to invest funds to participate in trading speculation. (Jinshi)

You may also like

Morning Report | Robinhood completes acquisition of WonderFi for $180 million; Anthropic submits IPO draft application to SEC confidentially; Google plans to raise $80 billion in financing

Overview of Important Market Events on June 2nd

Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball

Overview of Important Market Events on June 1st

Zhou Hang: How much is SpaceX really worth?

Great companies do not equal good stocks: A deep analysis of why SpaceX's $1.75 trillion IPO valuation may contain a $1.25 trillion bubble, and retail investors should avoid blindly chasing "story premiums."

IOSG: From Coinbase to Upbit: How a Token Completes a 28-Day Journey of Taking Over

The IOSG report indicates that by 2026, the listing of tokens on first-tier exchanges has formed a highly structured path where Coinbase and ByBit are responsible for initial discovery, Binance quickly verifies and confirms, and Korean exchanges provide liquidity at the end.

Exclusive Interview with Alpaca CEO: What is the background of the US stock underlying service provider behind Binance and Bitget?

Binance and Bitget's underlying service provider in the US stock market, Alpaca, has entered the unicorn club with its "AWS of Finance" model, currently holding 94% of the tokenized US stock market share and is accelerating the transformation of global on-chain financial infrastructure.

Variant: Three types of L1 assets are highly likely to become the main means of value storage

The basic judgment factors include: technical durability, resistance to censorship, scarcity, economic productivity, etc.
Deposit with zero fees and get 50% back
Join WEEX and get cashback on deposits. Limited-time offer!
Deposit with zero fees and get 50% backSign up and deposit now

Popular coins

Latest Crypto News

11:42

SpaceX plans to launch its IPO at $135 per share, raising $75 billion, which is expected to become the largest IPO in history

According to a report by Reuters, SpaceX plans to set the initial public offering (IPO) price at $135 per share, intending to issue approximately 555.6 million shares, raising up to $75 billion, corresponding to a company valuation of about $1.75 trillion. If successfully completed, it will become o...
11:42

RootData: HOME will unlock tokens worth approximately 36.91 million dollars in one week

According to token unlocking data from the Crypto asset data platform RootData, the Defi App (HOME) will unlock approximately 75 million tokens at 0:00 Beijing time on June 10, worth about 36.91 million USD.
11:42

The CLARITY Act has officially been included in the legislative agenda of the U.S. Senate

According to the official legislative information website of the U.S. Congress, HR3633------The 2025 Digital Asset Market Transparency Act, known as the "CLARITY Act," has officially been included in the legislative agenda of the U.S. Senate.
11:42

The final text of the compromise on Section 702 of the U.S. FISA Act proposes to advance the termination date of the CBDC ban by six months

According to crypto journalist Eleanor Terrett, the final text of the compromise on Section 702 of the Foreign Intelligence Surveillance Act (FISA), proposed by Senate Intelligence Committee Chairman Tom Cotton, includes a Federal Reserve CBDC ban that was originally part of the housing bill. This t...
11:42

The wallet that has been silent for 15 years, included in the New York lawsuit, transferred 35.55 BTC to prove that it was not abandoned

According to Bitcoin News, a Bitcoin wallet that has remained silent since 2011 transferred 35.55 BTC (approximately $2.54 million) yesterday to prove it has not been abandoned.Previously, the wallet was listed as a defendant in a lawsuit in New York, which claimed that nearly 3.8 million dormant Bi...
Read more
Community
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com