Is bitcoin approved by the people's Bank of China

1. Yes, as long as you can hold bitcoin in your hand, you can exchange it for you, just like you exchange US dollars for RMB.

2. In the notice on preventing bitcoin risk issued by the central bank and other five ministries and commissions at the end of 2013, bitcoin is clearly defined as a special Internet commodity, and people can buy and sell freely at their own risk, denying its monetary attribute. All financial institutions are not allowed to provide bitcoin related services. Bitcoin related websites must be put on record and require users to carry out real name authentication. Zhou Xiaochuan, central bank governor, said in an interview that bitcoin is a tradable asset like a stamp

in a word, virtual currency represented by bitcoin is legal in China, but the government takes a cold attitude towards virtual currency, which is neither positive nor negative. Most of the major countries in the world also adopt a cold attitude towards virtual currency

since 2015, the popular virtual currencies are bitcoin, Laite coin, Fuyuan coin, doggy coin, reborn coin and so on

it is possible, but at present, the government has not banned it

bitcoin and other virtual currencies exist legally in China. In the 2013 bitcoin risk notice, the central bank and other five ministries and commissions clearly defined bitcoin as a special Internet commodity. People can buy and sell it freely at their own risk. Financial institutions do not have to provide bitcoin related services, denying its monetary attribute. Zhou Xiaochuan, the governor of the central bank, compares bitcoin to a tradable asset like a stamp< Most of the major countries in the world take a cold attitude towards virtual currency. There are several possibilities for countries to ban virtual currency:

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2. The well-known weaknesses and defects of virtual currency can not be overcome in a certain period of time
3. The government can't stand the use of virtual currency in money laundering and other illegal activities

since 2013, the popular virtual currencies are bitcoin, Fuyuan coin, Laite coin, doggy coin, Ruibo coin, Yuanbao coin and so on<

Zhou Xiaochuan, governor of the central bank, said at the Boao Forum for Asia that virtual currency is not a currency approved by the central bank and can not be banned. Since digital currency is not the currency initiated and approved by the central bank, it can not be banned. Digital currency belongs to digital assets, which can be freely traded between indivials. Therefore, digital currency is not MLM, not capital disk, but a kind of financial investment

in fact, the central bank has been studying digital currency for a long time. From the perspective of historical development trend, money has always evolved with the development of technological progress and economic activities. From the early physical money, commodity money to the later credit money, it is a natural choice to adapt to the development of human commercial society. As the currency of the previous generation, paper money has low technology content. From the perspective of safety and cost, it is the general trend to be replaced by new technology and new procts. In particular, with the development of the Internet and the great changes in payment methods all over the world, the establishment of digital currency issuance and circulation system is very necessary for the construction of financial infrastructure and the promotion of economic quality, efficiency and upgrading

does China recognize virtual currency_****** In the notice on bitcoin risk prevention issued by the central bank and other five ministries and commissions at the end of 2013, bitcoin was clearly defined as a special Internet commodity. People can buy and sell bitcoin freely at their own risk, denying its monetary attribute. Financial institutions are not allowed to provide services related to bitcoin, and bitcoin related websites must be put on record, In a word, the virtual currency represented by bitcoin is legal in China, but the government takes a cold attitude towards it, Most of the major countries in the world also adopt a cold attitude towards virtual currency. Since 2015, the popular virtual currencies include bitcoin, Wright coin, Fuyuan coin, doggy coin, Ruibo coin, etc.

Why do not countries ban virtual currency; In other words, what is the connection and difference between the value represented by virtual currency and the value represented by general currency? 3. In view of the depth of the background of the problem, we need to stand higher in the starting point of the research. Currency is a problem in the category of modernity, The problem of virtual currency is the problem of postmodernism. They do not share the same basic paradigm. It is the difference of paradigm, not virtual phenomenon, that leads to the difference between them.

why does China not stop virtual currency_****** As a new thing, virtual currency has its progressive side. One of China's attitudes towards new things is that the law does not prohibit it. However, if virtual currency poses a threat to the existing financial system, the government will take action, What follows is the public...

which countries recognize the legitimacy of virtual currency_****** At present, Japan has recognized bitcoin as legal

is virtual currency recognized by the state_****** No, because it involves money laundering, easy to crash and other factors. Although bitcoin, the most famous virtual currency, can not be said to be suppressed, there are very few transactions between physical objects and virtual currency abroad, and its prospect still remains to be seen, The pure pyramid structure will not be recognized by the state.

is there any policy in China to prohibit the trading of virtual currency****** At the end of 2013, the central bank and other five ministries and commissions jointly issued a bitcoin risk notice, in which bitcoin is clearly defined as a special Internet commodity, and people can buy and sell freely at their own risk, denying its monetary attribute, In an interview with the Boao Forum, President Yang Xiaochuan compared bitcoin to a tradable asset like a stamp, and the central bank has no right to ban it. Since 2013, popular virtual currencies include bitcoin, Leyte, Fuyuan, doggy, etc Is China's virtual currency legal_****** Virtual currency can trade bitcoin, Leyte and ether on chinacoin.com.

is virtual currency illegal in China_****** Virtual currency exists legally in China, but it is illegal to engage in illegal activities by using virtual currency. The notice on preventing bitcoin risks issued by the people's Bank of China and other five ministries and commissions defines the nature of bitcoin, believing that bitcoin is not issued by the monetary authority and has no monetary attributes such as legal compensation and compulsion, Not really...

will China ban all virtual currency commercial transactions? Will virtual currency be banned_****** How to buy and sell virtual currency after China forbids virtual currency trading

how does the state treat virtual currency in 2017****** At present, there is no official recognition of the value of virtual currency in China, but only in some areas suspected of causing actual harm to society, some recognize its existence value

4. ② Stop bleeding. When the wound is bleeding, use sterile gauze or clean cloth to stop bleeding. Nose and ear bleeding, do not use the method of packing things to stop bleeding, as long as wipe the blood can. ③ Keep your body warm. When there is more bleeding, the body will be very cold; Therefore, blanket, quilt and other items should be covered to keep the body warm. ④ Give comfort. For the conscious injured children, we can comfort them with "it doesn't matter" and "it doesn't matter". But don't shake or make noise. Keep quiet.

5. Of course not. The following is excerpted from evolution of currency: digital currency

before the advent of bitcoin, all payment systems were based on central authorities (such as banks, payment services, etc.), and customers opened accounts and operated. Therefore, with the permission of the bank, the transaction can be completed through "confirmation", "guarantee" and "execution". At the same time, users need to be completely dependent on banks and other top institutions. Money in the banking system can be monitored, frozen, seized, and cut by inflation

bitcoin system is different. Bitcoin technology enables users not to rely on the guarantee of a third party - all transactions are checked and authenticated by the bitcoin decentralized network, and its functions are also distributed, just like torrent network. Bitcoin system does not belong to anyone, its users are equal, the program source code is open and anyone can view, so as to ensure independence, fairness and security. To create an account and start using bitcoin, users don't have to show their identity or get approval - just connect to the network and install the program wallet. At the same time, all transactions can be carried out directly without freezing. Bitcoin can not only be converted into national currency, but also be used directly in some stores

the independence of bitcoin eliminates the external influence on the network, which is the key advantage compared with the banking system. The timetable of the new bitcoin derived from the algorithm has planned the issuance of the next few decades, directly excluding the uncontrollable inflation in fiat money. No intermediary means no transaction fees or very little. The continuous operation of the network can ensure that users can automatically remit any amount of money in 10 minutes anywhere - without intermediary, restriction and risk. Not long ago, it was hard for people to imagine, but now as long as they can access the network, all this can become a reality.

6. The anti fraud center is a professional organization set up by the public security organs to deal with telecom fraud. If you have been cheated for more than 100000 yuan, you can choose to report to the local police station or the anti fraud center of the local public security bureau

7. There are no legal documents or regulations to ban bitcoin in China
on December 5 last year, the central bank and other five ministries and commissions issued a notice on the risk of bitcoin, which defined bitcoin as a special Internet commodity and denied its monetary attribute. However, people can buy and sell bitcoin freely at their own risk. Most of the major countries in the world also take a cautious attitude towards bitcoin, but most countries define bitcoin as an asset.