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Requirements for Virtual Asset Issuers

Last updated: 2024/06/26
2. General Requirements for Virtual Asset Issuers

2.1. Prior to organizing activities related to the offering and selling of virtual assets to the public, the service provider shall determine whether to enter into an agreement with the issuer based on the following information:

2.1.1. Whether the virtual asset and its related project are economically feasible, practical, and implementable;

2.1.2. Whether the virtual asset issuer, its ultimate owner, and authorized officials have a clean record with no involvement in economic crimes, no overdue debts, a reputable business standing, and a professional team;

2.1.3. Any other necessary information.

2.2. The virtual asset issuer shall be fully responsible for the completeness and accuracy of any information and evidence provided to the service provider. In the event that any false or misleading information is discovered, the service provider reserves the right to refuse to enter into an agreement.