"From Wild Growth to Orderly Compliance: The Past and Present of the Disposition of Involved Virtual Coins" (Author: Liu Yang) In the 1.0 phase, the method used by third-party companies for disposition was to find large OTC traders, who would absorb the virtual coins and then separately seek buyers in the market. The OTC traders made a profit from the exchange rate difference, while the third-party companies earned service fees; 94 The "Announcement" regulates Token financing trading platforms, while 924 The "Notice" does not specify a subject and regulates "everything"; companies cannot do it, platforms cannot do it, and individuals cannot do it; In the 2.0 phase, the vast majority of virtual coin disposals were still completed through domestic wash trading, except that the money entering the judicial authorities' accounts came from overseas, but this money is not the same as that money. Read more:

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)