State Council: Resolutely curb speculation in domestic virtual currency transactions and steadily promote digital RMB research and development pilots

Odaily News At the sixth meeting of the Standing Committee of the 14th National Peoples Congress, the State Council stated that it will continue to prevent and resolve major financial risks, ensure that financial risks are overall controllable, and further promote fake gold exchanges and third-party wealth management companies rectify such risks, severely crack down on illegal fund-raising, and resolutely curb the speculation of domestic virtual currency transactions. Continue to intensify the investigation and handling of money laundering cases. In addition, it is necessary to strengthen the construction of financial infrastructure and steadily promote the pilot research and development of digital renminbi. Promote the overall supervision of financial infrastructure such as financial asset registration and custody, clearing and settlement, trading facilities, transaction report libraries, and important payment and credit reporting systems.