Blockchain currency regulations
As of May 2020, blockchain and digital currency are illegal in China
according to the announcement of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risks of token issuance and financing, Article 2 no organization or indivial shall illegally engage in token issuance and financing activities. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects
Article 3 strengthen the management of token financing trading platform
from the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", and shall not buy or sell token or "virtual currency" as a central counter party, and shall not provide pricing for token or "virtual currency" Information intermediary and other services P>

extension data
"illegal financial institutions and illegal financial business activities ban" stipulates that:
eleventh, the criminal suspect, funds and property involved in illegal financial institutions and illegal financial activities, and the public security organs shall take compulsory measures according to law to prevent suspect from escaping and transferring funds and property. p>
Article 12 the people's Bank of China shall, after investigation and confirmation, make a decision to ban the illegal financial institutions and financial business activities, declare them illegal, order them to stop all business activities, and make an announcement
Article 13 if the people's Bank of China discovers that a financial institution opens an account, handles settlement and provides loans for an illegal financial institution or illegal financial business activities, it shall order the financial institution to stop the relevant business activities immediately. No unit or indivial may use the relevant funds without authorizationsome time ago, the state specially cracked down on this virtual currency
so we should be cautious in investing in virtual currency
Many friends are unfamiliar with bitcoin's computing power, bitcoin's mining machinery, mines and mining returns. Let's take a look at the operation mechanism between bitcoin and blockchain records in detail. First of all, what is blockchain? We can think of it as a distributed ledger and a corresponding credit network. In this network, everyone's behavior can be recorded on the chain, and it supports verification and retrospective investigation. Multiple chains are combined to form a block. We call it a miner who is responsible for recording this information on the chain
so, seeing here, I believe you can understand what is bitcoin's computing power and what is bitcoin's mining? In addition, the current mines are basically monopolized by large institutions, or the so-called entry threshold is very high. There is no investment of several million yuan or tens of millions of yuan. Basically, they are retail investors in the current bitcoin mining instry, and retail miners often give up mining because of the large fluctuation of computing power and the rise of electricity cost< br />
compared with other ways, using bitcoin to remit money is much more "secret". Normal cross-border remittance will go through the examination of exchange control institutions at all levels, and the transaction records will be recorded by banks and other parties. Transactions exceeding a certain amount should be reported to relevant departments to prevent money laundering and other violations. Bitcoin, with the characteristics of globalization, is usually used as a tool for cross-border payment and remittance. As a kind of network encryption virtual currency, bitcoin has the characteristics of decentralization and anonymity,
capital flow is not easy to track, and it is easier to hide identity
wannacry blackmail virus prevention method:
1. Install the latest security patch for the computer. Microsoft has released patch ms17-010 to fix the system vulnerability of "eternal blue" attack. Please install this security patch as soon as possible; For Windows XP, 2003 and other machines that Microsoft no longer provides security updates, we can use 360 "NSA Arsenal immunity tool" to detect whether there are vulnerabilities in the system, and close the ports affected by the vulnerabilities, so as to avoid being infringed by blackmail software and other viruses
2. Close ports 445, 135, 137, 138 and 139, and close network sharing
3. Strengthen the awareness of network security: don't click the unknown link, don't download the unknown file, don't open the unknown email...
4. Back up the important files in your computer to the mobile hard disk and U disk as soon as possible (regularly in the future), and save the disk offline after the backup
5. It is recommended that users who are still using Windows XP and windows 2003 should upgrade to Windows 7 / windows 10 or windows 2008 / 2012 / 2016 as soon as possible.
issuing currency is only a means, not a target of blockchain platform
