What if the Rome digital currency exchange fails to log in
It's not particularly safe, because it's not a formal currency trading place
China will not recognize the legitimacy of digital currency, and there is no administrative department to guide people to set up digital currency exchanges. Therefore, it is illegal to trade Roman digital currency in China
on September 4, 2017, the central bank and other seven ministries and commissions issued the notice on preventing the financing risk of token issuance, which defined ICO (initial token issuance) as "unauthorized illegal public financing, suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal criminal activities"
since then, bitcoin China, huocoin.com and okcoin have successively announced that they will stop trading all digital assets against RMB. It is worth noting that in addition to online control, offline promotion activities of virtual currency have also been banned
extended information:
in September 2017, the central bank issued an announcement on preventing the financing risk of token issuance. The official definition of ICO is an illegal financing without funds, and no organization or indivial can participate in it. Then, on April 23, 2018, it was announced that ICO digital currency platform had completely withdrawn from the Chinese market. Therefore, ICO is illegal in China at present
China has banned the exchange of digital currency. After announcing the illegal financing of ICO, the central bank also proposed to ban virtual currency, transaction pricing, information and other services, which means that the exchange of digital currency in China is currently illegal, including bitcoin China, okcion Firecoin and other trading platforms announced in 2018 that they would stop the RMB recharge business and close the trading platform
as of April 2018, all digital currency exchanges have completely withdrawn from the Chinese market
source of reference materials: CNews - currency circles under the regulatory storm
global currency came out in 2012, it is a kind of cryptocurrency. Universal currency is the first cryptocurrency of certificate of equity type. Cryptocurrency is a kind of digital currency based on blockchain technology. By taking blockchain as the core, building big data and artificial intelligence, global currency makes the cross-border payment scene more perfect, makes the transaction mode have better trust mechanism, and makes the transaction cost and resistance smaller
five ministries and commissions, including the China Banking and Insurance Regulatory Commission, jointly issued the "tips on preventing the risk of illegal fund-raising in the name of" virtual currency "and" blockchain ", pointing out that many criminals, under the banner of financial innovation, use" virtual currency "," blockchain "and" digital currency "to speculate and raise funds, or even engage in illegal activities such as fraud and pyramid schemes
the majority of investors treat blockchain, virtual currency and other investment projects rationally, establish a correct and rational investment concept, recognize the risk level, and then improve their risk awareness
response time: October 14, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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