Xianyu prohibits the release of products related to digital collections and has taken removal processing

On May 20th, Xianyu released an announcement on the governance of special projects related to digital collections on May 17th. It said that due to the recent public opinion exposure of the frequent occurrence of false propaganda, transaction fraud, illegal fund-raising and other risks in digital collections transactions, in order to protect the legitimate rights and interests of users, maintain the healthy ecology of Xianyu community, and prevent financial risks, Xianyu community will be prohibited from publishing digital collections-related products from now on, and will remove digital collections-related products from the shelves.