Wu Qing, Chairman of the China Securities Regulatory Commission: We need to conduct in-depth analysis and treat new business models such as crypto assets with caution.

Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), emphasized the need to focus on preventing risks in margin trading, securities lending, and over-the-counter derivatives, and to treat new business models such as crypto assets with caution, resolutely refraining from engaging in businesses that are unclear or unregulated.