Last week, the Ministry of Public Security announced the Cyberspace Supervision and Inspection Measures, which can be described as a devastating blow to domestic crypto projects. First of all, no matter what role you play, the police have the authority to conduct mandatory inspections on you. Moreover, public security bureaus at the city level and above can carry out 'penetration testing' on your systems, essentially hacking attacks. Virtual currency-related businesses were already strictly prohibited illegal activities in the country, and now the police can directly seize them