[The People's Bank of China: Continue to Adhere to the Prohibitive Policy on Virtual Currencies and Crack Down on Illegal Financial Activities Related to Virtual Currencies] Jin10 News, November 29 – The People's Bank of China held a coordination mechanism meeting on combating virtual currency trading and speculation. The meeting emphasized that all units should adhere to Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as guidance, fully implement the spirit of the 20th National Congress of the Communist Party of China and all plenary sessions of the 20th Central Committee, and regard risk prevention and control as the eternal theme of financial work. It was stressed to continue adhering to the prohibitive policy on virtual currencies and to persist in cracking down on illegal financial activities related to virtual currencies. All units should deepen collaboration, improve regulatory policies and legal foundations, focus on key areas such as information flow and capital flow, strengthen information sharing, further enhance monitoring capabilities, severely crack down on illegal and criminal activities, protect the property safety of the people, and maintain the stability of economic and financial order.