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wholesale scottish jewelry Recently, the Central Bank's Business Management Department issued the "Notice on Providing Payment Services for Council for illegal Virtual Currency Transactions", which requires that the legal person payment institutions in the jurisdiction will carry out self -inspection and rectification work in the unit and branches from the date of the document release. It is strictly forbidden to provide services for virtual currency transactions and take effective measures to prevent payment channels from being used for virtual currency transactions. All units shall report self -inspection and measures on January 20.
The notification also requires that all units should strengthen daily transaction monitoring. For the discovered virtual currency transactions, the payment channel of the transaction entity should be closed in time, and the funds to be settled properly to avoid mass incidents.
This is not the first time that the regulatory authorities have restricted virtual currency transactions. In the "Announcement on Preventing token Issuance financing risks" issued by the regulatory authorities last year, it has clearly stated that all financial institutions and non -bank payment institutions shall not conduct businesses related to the issuance of token issuance financing transactions. All financial institutions and non -bank payment institutions shall not directly or indirectly provide account opening, registration, transactions, liquidation, settlement and other products for the issuance of financing and "virtual currency". Insurance business may include tokens and "virtual currency" into the scope of insurance liability.