South Korea's crackdown on digital currency
At the G20 meeting, different countries held different views on digital currency, some strongly resisted it, and some actively supervised it. Now let's take a look at the attitudes of the G20 countries towards digital currency
In a statement, the Canadian Securities Regulatory Agency (CSA) said that considering the whole process of ICO issuance, many ICO tokens meet the definition of securities and require them to comply with the securities law. In addition, the CSA noted that ICOS may also be derivatives, subject to derivatives laws passed by Canadian securities regulators, including trade reporting rules. Regulators said they welcome companies that are about to conct ICO to enter the "regulatory sandbox" to test new financial procts in a limited environmentIndia
the securities and Exchange Commission of India is planning guidelines for the regulation of the bitcoin market in India. In addition, the securities and Exchange Commission of India set up a financial regulatory commission and held meetings with Reserve Bank of India (RBI) officials. The SEC also plans to regulate whether bitcoin derivatives and other cryptocurrencies are used to raise funds illegally
digital currency is an alternative currency in the form of electronic currency. At present, no central bank of any government has indicated that it will issue digital currency, and digital currency does not have to have a benchmark currency and a central bank. It is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency.
but everything has two sides, there is a good side, there is a bad side for example, if there is a large-scale economic crisis in the future, how can we promulgate relevant solutions to the e-money that we are not familiar with? We have been using paper money for a long time. Although we can't completely control the economic crisis, we still have relevant experience, but we don't know anything about electronic money
blockchain currency
EOS is a blockchain operating system designed for commercial distributed applications. EOS is a new blockchain architecture, which aims to achieve the performance expansion of distributed applications. It is called blockchain 3.0. E0s is quite valuable for investment, and has been basically recognized by the currency circle. It can also be said that it is the three carriages of virtual currency
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precautions:
blockchain technology is still in an early stage, not only has not yet formed a unified technical standard, but also various technical solutions are in rapid development. However, the scalability of blockchain technology has not been tested by large-scale practice, and now it is still in the prototype design stage. Therefore, in a relatively short period of time in the future, there are still problems in the speed of blockchain, which can not meet the needs of large-scale commercial applications for the time being
market, there are bubbles in various virtual currencies, and investment must be cautious: virtual currency is not a real currency in itself. Although the virtual currency adopts the source technology of block chain, it has neither the endorsement of national power nor the actual use value. p>
there is no doubt that ayrfa digital currency is a fraud. In fact, China's stock market is also a place to lose money. In addition, China's economic transformation and the stock market are not standardized. To tell you the truth, the stock market is currently an institution or some jobless vagrants. It is suggested to stay away from the stock market. I emphasize that China's stock market is likely to fall down to 1500 points e to the transformation of the national economy, Keep away from stocks, keep away from danger!