Per the local news, the relevant person in charge of the Shenzhen Financial Supervision and Administration Bureau, China said that since this year, Shenzhen city has concentrated on special investigations and rectifications to strengthen the joint efforts to combat and deal with illegal fund-raising. The Shenzhen Central Branch of the People's Bank of China (PBoC) cleaned up cryptocurrency exchanges and illegal interest-bearing foreign exchange trading platforms. They organized to strengthen the monitoring of cryptocurrency exchanges and ICO platforms in their jurisdictions, using various methods to carry out continuous monitoring.