Is lkc international a digital currency
According to the announcement on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China
on September 4, 2017, the central bank and other seven ministries and commissions jointly issued the "notice on preventing the financing risk of token issuance", which pointed out that any so-called token financing trading platform shall not engage in the exchange business between legal tender and token and "virtual currency", and shall not buy or sell tokens or "virtual currency" as a central counter party, It is not allowed to provide pricing, information intermediary and other services for token or "virtual currency"
on November 13, 2019, the Beijing Municipal Bureau of Local Financial Supervision issued the "risk tips on unauthorized business activities of branches of trading places" which pointed out: "if there are branches of foreign trading places (mainly financial assets exchange) carrying out business activities in Beijing, it is illegal business activities."
extended data
digital currency may breed many illegal behaviors, such as exchange or one of the fields where illegal behaviors occur. The exchange may manipulate the stability of digital currency value, but the stability of currency value is closely related to the risk of financial system. If the fluctuation of currency value is manipulated artificially, it may bring bad capital flow and affect the security of national financial system
from the perspective of financial stability, strengthening the supervision of exchanges is concive to maintaining the stability of financial order. Due to a large amount of capital flowing into the exchange, under the influence of businessmen pursuing profits, it is likely to cause the behavior of ICO in the currency circle, resulting in the lack of necessary support for the technology research and development of the chain circle. In order to regulate the market, it is necessary for the relevant departments to strengthen the supervision of the exchange
the mainstream digital currency trading platforms in China include five bitcoin trading platforms, as well as counterfeit currency platforms such as jucoin and bitage. Puyin also has its own special trading platform, with a trading zone in jucoin.com.
Virtual currency trading is prohibited by the state, so many platforms do not sell it. The relevant documents are as follows: 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 financing risk of token issuance, All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability. Financial institutions and non bank payment institutions shall report to the relevant departments in a timely manner if they find clues of violation of laws and regulations in token issuance financing transactions
there are multiple risks in the financing and trading of token issuance, including the risk of false assets, the risk of business failure, the risk of investment speculation and so on. Investors must bear the investment risk on their own, and hope that the majority of investors are wary of being cheated
for all kinds of illegal financial activities carried out by using the name of "currency", the public should strengthen the awareness of risk prevention and identification ability, and timely report relevant illegal clues
extended data:
in 2014, there were 5 court judgments, and then increased by multiple, to 62 in 2017. The latest judgment was made by the court on May 2, 2018. 65 kinds of "pyramid schemes" involved more than 10 billion yuan, and more than 10 million people bought them
according to statistics, 141 virtual money pyramid schemes involve MBI, m3, Diablo, Asian, star, Jinyuan shopping alliance, Changjiang international, Qile bar, micro media, bonus point, virtual gold, HGC, COA, LFG, Sri, bismall, ahkcap, CPF, Yifen, K, R, Baichuan, kbao, Zhongfu Tongbao, Hongtong Raines electronic currency, global BlackRock No.1 financial currency, Glasberg, BCI, m currency
wing coin, ev coin, performance coin, FIS, u coin, ES, zangbao performance coin, huiai e-coin, Jianye disk e-coin, subsidy coin, hftag, Kaixin compound interest coin, kuailine virtual currency, Shihua coin, ente coin, CPM, karat coin, supreme coin, Wuhua union virtual currency, Meisheng e, Zhonghua coin, Mimi virtual currency, FIS, world Yunlian cloud coin There are at least 65 kinds of "virtual currency" such as Liwu coin, Vicat coin and mark coin. These virtual money MLM organizations have at least 15653622 members in China
according to the judgment documents, among the above-mentioned virtual currency pyramid schemes, Vicat is the most involved, with a total amount of 7 billion, and its global membership number is 10770000, with the largest number. In terms of the development scale of MLM organizations in China, "cloud coin" (also known as world UnionPay and world cloud network MLM platform) has the largest number of MLM organizations (4391449); Second, the "dark money" pyramid marketing organization has developed more than 3.4 million members
as for the so-called tmall global digital currency, I don't know what it means
digital currency generally refers to bitcoin, Leyte coin, Ruitai coin, DCT and other open source cryptocurrencies.