[Shenzhen Reports Multiple Violations by Self-Media Accounts Involving Virtual Currencies, Inducing Participation in Illegal Financial Activities and Being Shut Down] BlockBeats News, July 25 — The Shenzhen branch of the People's Bank of China, Shenzhen Securities Regulatory Bureau, Municipal Cyberspace Administration, and Municipal Local Financial Supervision Bureau recently jointly carried out a special rectification campaign targeting online financial information. They reported a batch of typical cases involving self-media accounts violating regulations related to virtual currencies and illegal stock recommendations. Among them, multiple accounts were dealt with for publishing promotional marketing information related to virtual currencies, including accounts such as 'USDT 商家交流群' ('USDT Merchant Exchange Group'), '抱团来玩虚拟货币' ('Group Together to Play Virtual Currency'), '搜搜比特币' ('Search Bitcoin'), '微支快换' ('Quick Micro Exchange'), and '中链老九' ('Zhonglian Lao Jiu'). These accounts were suspected of promoting virtual currency services to domestic users and inducing the public to participate in illegal financial activities related to virtual currencies. Officials stated that, in accordance with policies such as the 'Notice on Further Preventing and Handling Risks Related to Virtual Currencies,' the aforementioned violating accounts have been permanently shut down by the platforms in accordance with the law and regulations. Shenzhen authorities emphasized that they will continue to strengthen governance of online financial information, crack down on virtual currency speculation, illegal stock recommendations, and other unlawful activities, and maintain order in the financial market. [Original Link]