I see this being removed from this forum - but it is an important news, even though not as important as it was made at the initial reports.http://shanghai.pbc.gov.cn/fzhshanghai/113571/3230012/index.html
The People's Bank of Shanghai headquarters, the Shanghai Municipal Finance Office joint relevant regulatory authorities met with the Shanghai Bitcoin trading platform is mainly responsible for
The size of the small and medium - sized enterprises in Shanghai
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Recently, the People's Bank of Shanghai headquarters, the Shanghai Municipal Finance Office jointly with the relevant regulatory authorities met the bit currency trading platform, "Bitcoin China" is mainly responsible for understanding the platform operation, suggesting that the operation of the platform to ensure the stability of the local currency, The possible risks, requiring its strict accordance with the relevant laws and regulations, according to the law compliance business. Urged the platform in accordance with relevant laws and regulations to carry out self-examination and the corresponding clean-up and rectification.
According to the Notice of the China Insurance Regulatory Commission (CBRC) on Prevention of Bitcoin Risks, issued by China Banking Regulatory Commission of the Ministry of Industry and Information Technology of the People's Bank of China (YF  No. 289), Bitcoin is a specific virtual commodity, Do not have the legal nature of the legal nature of coercion and coercion, does not have the same legal status with the currency, can not and should not be used as money in the market circulation. Institutions and individual investors should correctly view the virtual goods and virtual currency, rational investment, at their own risk, maintain their own property and establish the correct concept of money and investment ideas. (Finish)
Update: Title updated to reflect the most recent translations and interpretations.