Weekly Token Unlocks: EIGEN Unlock Reaches 7.5% of Circulating Supply

1. Comprehensive Upgrade and Precise Definition: Blocking All Pathways to Systemic Risk Simultaneously, the “Notice” defines existing risks with greater resolve and thoroughness. It not only reiterates the non-monetary nature of virtual currencies like Bitcoin but also innovatively identifies “stablecoins pegged to fiat currency” as “de facto performing some functions of legal tender,” strictly prohibiting the issuance of any unapproved RMB-pegged stablecoins. This clause demonstrates significant strategic foresight, aiming to preemptively counter any potential challenges that could erode the sovereign currency status of the Renminbi or establish parallel settlement systems in the digital space. By explicitly categorizing all virtual currency-related business activities (including exchange, market-making, information intermediation, derivatives trading, etc.) as “illegal financial activities” and revoking the 2021 notice, the regulators convey a firm determination to clear existing risks and…