[New Tang Dynasty Beijing September 24, 2021]On September 24, the People’s Bank of China issued a notice on the rectification of virtual currency trading and mining activities, including all virtual currency services as illegal activities and prohibiting mainland citizens from passing overseas exchanges Conduct related transactions. In addition, mining activities are classified as “eliminated industries.” According to the “Notice on Further Preventing and Disposing of the Risks of Virtual Currency Trading Hype” issued by the People’s Bank of China, “Virtual currencies do not have the same legal status as legal currencies. Virtual currencies such as Bitcoin, Ethereum, and TEDA coins...