Lawyer: Alipay related fund advertisements may have false advertising

Wu learned that Alipay’s advertising related to Cryptocurrency does not represent China’s relaxation of control over the crypto world; QDII+FOF meets the compliance requirements for domestic funds to go overseas, and the forex administration will be responsible for allocating investment quotas. The proportion of funds flowing into the encryption market is not high; only a small proportion of the fund’s funds are invested in Cryptocurrency, but it is heavily promoted with the gimmick of ‘Cryptocurrency soaring’, which may involve illegal false advertising.

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)