Digital currency Institute UnionPay
on September 4, the central bank and other seven ministries and commissions issued the notice on preventing the financing risk of token issuance, and the ICO trading platform was completely suspended. After September 14, the relevant token platforms successively removed procts or stopped trading. After the news came out, digital currency was boiling
some people can't help asking: with the collapse of ICO and the closure of bitcoin platform, is digital currency over? Here the central bank gives the answer. The central bank reports that around the Spring Festival this year, the block chain based digital bill trading platform promoted by the central bank has been tested successfully, and the digital currency Research Institute of the central bank will also be officially listed. China's sovereign digital currency will accelerate its arrival. Then some people will question whether China will proce its own bitcoin? Here, let's talk about what is digital currency:
digital currency
digital currency is different from virtual currency, not bitcoin or q-coin! That is to say, it is different from virtual currencies such as bitcoin and Ethernet
virtual currency can only be closed in circulation on the network, just like Tencent's q-coin and Dashen's coin on the platform of Dashen software collaborative instry ecological chain. They can only be used for one use of their own procts. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency, bitcoin is illegal digital currency. As for legal digital currency, there is no unified international definition. Yao Qian, deputy director of the science and Technology Department of the people's Bank of China and head of the preparatory group of the digital currency Research Institute, believes that the digital currency researched and issued by the people's Bank of China is indexed RMB. From the perspective of national schemes, it belongs to legal encrypted digital currency, which is not only a payment tool but also a currency. Correspondingly, virtual currency is also called illegal fixed digital currency. Li Lihui, head of the blockchain working group of China Internet Finance Association, once said that digital currency must have legal status, national sovereignty endorsement, and clear responsibility subject of issuance. Virtual currencies represented by bitcoin and ethereal currency have no country, no sovereign endorsement, no qualified issuers, and no national credit support. These are not digital currencies.
On July 8, the digital currency Research Institute of the people's Bank of China formally reached a strategic cooperation agreement with didi travel to jointly study and explore the scene innovation and application of digital RMB in the field of intelligent travel. The two sides hope to promote the platform ecological construction of digital RMB in diversified travel scenarios through the establishment of cooperative relationship
didi travel said that under the guidance of relevant departments, it will cooperate with the digital currency Research Institute to strictly implement the guidelines put forward by the Party Central Committee and the State Council to improve the ability of financial services to the real economy, and promote the integrated development of the digital economy and the real economy
this article comes from the author of car home, which does not represent the standpoint of car home
the commission price will not change automatically. Unless you don't use the limit order, you only use the market order
the so-called limit order is that if you specify the price of more money, the system will declare the order according to the price you specify.
if you entrust according to the market price, because the market price is always active, your order will be declared according to the market price.
2. China UnionPay was established in March 2002 with the approval of the State Council and the approval of the people's Bank of China
response time: October 21, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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TBCC is not China UnionPay digital currency
the digital currency of the central bank is the legal tender approved by the State Council. The central bank organizes market institutions to engage in the research and development of digital currency of the central bank
the digital currency of the people's Bank of China can be simply called the digital version of RMB, which is essentially the same as the paper version of RMB. It's just that paper money is visible, and electronic money is in everyone's electronic device
extended data:
significance of Central bank currency Digitization:
1. Central bank currency digitization helps to optimize the central bank's monetary payment function, improve the central bank's monetary status and the effectiveness of monetary policy
2. The central bank's digital currency can become an interest bearing asset to meet the holder's reserve demand for safe assets, and can also become the lower limit of bank deposit interest rate
It can also become a new monetary policy tool. At the same time, the central bank can affect the bank's deposit and loan interest rate by adjusting the central bank's digital currency interest rate, and help break the zero interest rate lower limit From the perspective of economics, there are three main problems to be solved. It is possible to eliminate illegal cash transactions and money laundering, implement negative interest rates and spread money by helicoptersome digital currencies that claim to have a certain relationship with UnionPay are false propaganda, and these currencies are unreliable. Bitcoin, Ruitai coin and vitality coin are real digital currencies, and they are all open source.