costume jewelry wholesale salt lake city Will the Mutual Gold Association reminds to be alert to the investment risk of "virtual currency"?

jewelry paper bag wholesale Following the risk of issuing a text warning ICO on August 31, recently, the China Internet Finance Association (hereinafter referred to as the mutual gold association) again issued a statement that the risk of "virtual currency" such as Bitcoin should be alert.
Moving gold associations issued risks that in recent years, so -called "virtual currencies" such as Bitcoin, Litecoin and various tokens have conducted centralized transactions on some Internet platforms. Hidden social risks cannot be ignored.
The mutual gold association believes that the so -called "virtual currency" such as Bitcoin and other so -called "virtual currencies" lack a clear value foundation. The market speculative atmosphere is strong and the price fluctuates fiercely. Investors blindly follow the trend, which can easily cause capital losses. Investors need to strengthen risk prevention consciousness Essence It is worth noting that the so -called "virtual currency" such as Bitcoin has become increasingly becoming a tool for illegal and criminal activities such as money laundering, drug trafficking, smuggling, and illegal fundraising. Investors should be vigilant and discover that clues of illegal crimes should be reported immediately. At the same time, the Mutual Gold Association pointed out that investors participated in speculative speculation through the so -called "virtual currency" trading platforms such as Bitcoin, and faced the risks and security risks of large price fluctuations. Many trading platforms have been invaded by hackers, and investors must bear investment risks by themselves. Criminals also often use trading platforms to obtain the so -called "virtual currency" to engage in relevant illegal activities. There are greater legal risks. Recently, a large number of trading platforms have been suspended by the regulatory department for supporting token issuance financing activities (ICO). There is no legal basis for various so -called "currency" trading platforms in my country.
The China Internet Finance Association calls: member units should fulfill the commitment of the industry's self -discipline, strictly abide by national laws and regulatory regulations, and do not participate in any concentrated transactions related to the so -called "virtual currency" or provide services to such transactions. Actively resist any illegal financial activities.
The investment is risky, and you need to be cautious to buy virtual currencies.