Ministry of Public Security: Illegal buying, selling, renting, lending digital RMB wallets, etc. will be subject to financial punishment
Ministry of Public Security is publicly soliciting opinions on the "Joint Punishment Measures for Telecommunications and Network Fraud and Related Illegal Crimes (Draft for Soliciting Opinions)" from the society. The punished objects in the regulations include units, individuals, and relevant organizers who illegally buy, sell, rent, lend bank accounts, payment accounts, and digital RMB wallets. Financial punishment measures include: suspending the non-counter withdrawal business of bank accounts and digital RMB wallets under the name of the punished object. During the punishment period, no new payment accounts or digital RMB wallets shall be opened for the punished object.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bullish on Ethereum? Here’s Why This Layer-2 Meme Is Skyrocketing Past it’s Competitors
![](https://img.bitgetimg.com/multiLang/image/social/0cdd7fe69ecf78700679b9525e52cbd61725553873468.jpg?fit=460,271)
Ether has underperformed bitcoin by 44% since switch to proof-of-stake: CryptoQuant
Ether has underperformed bitcoin by 44% since its switch to proof-of-stake, according to CryptoQuant analysts.The analysts suggest ether could experience further declines due to weaker network activity and growing supply.
![](https://img.bitgetimg.com/multiLang/image/social/19719ea8197eb915e94b2cdd2619c2c91725468166196.jpeg)
Singapore police arrest 3 for teen attack during crypto exchange
Bitcoin (BTC) drops below $57K again amid strong selling pressure