After 19 years on air, the program "Qiangqiang Sanrenxing" suddenly announced on its official Weibo without any warning that it was temporarily suspended due to company program adjustments, and subsequent search results were blocked.
On September 4, 2017, the People's Bank of China and six other government departments jointly issued an announcement declaring initial coin offerings (ICOs) to be unapproved illegal public financing, suspected of crimes such as illegal fundraising, and demanding that they be stopped immediately and unwound.
On September 4, 2017, the People's Bank of China and six other ministries and commissions jointly issued the "Announcement on Preventing the Risks of Token Offering Financing," halting ICOs, requiring completed offerings to be unwound, and domestic Bitcoin trading platforms subsequently ceased operations one after another.