TechFlow News, April 24: The People’s Bank of China, the Ministry of Industry and Information Technology, the State Administration for Market Regulation, the National Financial Regulatory Administration, the China Securities Regulatory Commission, the National Intellectual Property Administration, the Cyberspace Administration of China, and the State Administration of Foreign Exchange jointly issued the “Administrative Measures for Online Marketing of Financial Products,” effective September 30, 2026. The Measures stipulate that, except for financial institutions and third-party internet platforms lawfully entrusted by them, no other organizations or individuals may conduct online marketing of financial products. Furthermore, no institution or individual may provide online marketing services or facilitation for illegal financial activities; such illegal activities explicitly include virtual currency issuance and trading, as well as unlawful foreign exchange margin trading.
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