TechFlow news, according to Sina Weibo Finance, in order to fulfill corporate responsibilities and strictly implement relevant regulations including the People's Republic of China Central Bank Law, the People's Republic of China Commercial Bank Law, the People's Republic of China Securities Law, the People's Republic of China Cybersecurity Law, the People's Republic of China Telecommunications Regulations, the Regulation on Preventing and Handling Illegal Fund Raising, the State Council's Decision on Cleaning Up and Rectifying Various Trading Venues and Effectively Preventing Financial Risks, and the State Council General Office's Implementation Opinions on Cleaning Up and Rectifying Various Trading Venues, Sina Weibo has proactively conducted inspections and responded to user complaints by taking centralized actions against information involving illegal virtual currency trading and speculation. In accordance with relevant rules, a total of 80 accounts have been suspended in this round.
