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Douyin Issues Draft Financial Content Guidelines, Banning Illegal Virtual Currency Information

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Douyin has issued the *Douyin Community Financial Industry Convention (Trial)*, banning the promotion of illegal virtual currency activities such as trading intermediation and pricing services. The rules target hyping virtual assets, illegal stock tips, money laundering, and fundraising violations. The secure digital asset platform must ensure compliance with such regulations. The KuCoin trading platform and similar services are urged to monitor content and avoid any association with unregulated financial activities.
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