On the 6th day of the month, Douyin released a notice on standardizing the operation of the financial industry through its headline account Douyin Blackboard News.

The notice stated that in order to establish a healthy and safe business environment, the platform will further regulate the operation of financial accounts, including but not limited to standardizing the access qualifications of merchants, strengthe

Douyin said that in this context, the platform has recently launched irregular inspections of settled financial accounts. For accounts that do not meet the platform's financial qualification certification, measures such as recovering financial operat

Lack of valid financial qualification documents, including expired, revoked or other situations;

Being subjected to regulatory or administrative measures by relevant departments to restrict their business activities, including being ordered to suspend the addition of new customers within a specified time limit.

The platform prohibits the entry of financial projects and other situations that do not meet the platform's qualification certification standards.

In addition, Douyin has clear requirements for the operation of various accounts. For users without qualifications who publish financial content to gain user attention, and even engage in illegal stock recommendations, fraud, and other activities tha