TechFlow News, April 22: The Economic Daily published an article titled “Leveraging China’s Token Advantages,” which highlights the need for clear awareness of potential risks associated with tokens—including identity theft due to token leakage, unauthorized privilege exploitation to steal sensitive data, and agent-based commission harvesting from users. Some illicit actors have begun targeting tokens, setting up consumer traps disguised as “discounted token packages” or “token agencies.” It is essential to continuously improve policy frameworks, regulations, and standards, and to regulate the token trading order by cracking down on price monopolies, false advertising, and illegal financial activities. Speculative and unlawful practices—such as hoarding tokens for speculative appreciation and off-market trading—must be resolutely curbed, guiding tokens back to their core functions: technical services, value settlement, and rights transfer.
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