Is PayPal digital currency real
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China does not recognize digital currency, and all transactions related to digital currency are not legal. But it does not mean that investment is illegal. The concept of "not legal" here means that your transaction is not protected by law. Once the platform roll money away, then the loss is not protected by law
if digital currency is widely accepted and can play the role of currency, it will weaken the effectiveness of monetary policy and bring difficulties to policy-making. Because digital currency issuers are usually unregulated third parties, money is created outside the banking system, and the amount of circulation depends entirely on the wishes of the issuers
as a result, the money supply is unstable, and the authorities are unable to monitor the issuance and circulation of digital currency, resulting in the inability to accurately judge the economic operation, which will bring trouble to policy-making, and weaken the effectiveness of policy transmission and implementation
extended materials:
features:
low transaction cost: compared with traditional bank transfer, remittance and other methods, digital currency transaction does not need to pay fees to third parties, and its transaction cost is lower, especially compared with cross-border payment which provides high handling charges to payment service providers
fast transaction speed: the blockchain technology used in digital currency has the characteristics of decentralization, and it does not need any centralized organization similar to the clearing center to process data, so the transaction processing speed is faster
Wang Li: co founder. In 2011, he began to work in the head office of instrial and Commercial Bank of China and Beijing Branch. In 2014, he founded ripple points, the first common points platform in China to realize offline payment and settlement of digital currency based on blockchain. In 2016, zero decibel was established to improve the poverty alleviation efficiency and accuracy of governments, enterprises and indivials through Internet and data technology. The proct line includes rural population credit model and C2C poverty alleviation platform "decibel chip", in which decibel chip obtained 3 million payment users within 36 hours through Internet marketing. The indivial has rich experience in Securities and futures trading
moonalpha Financial Services Limited, a company incorporated in the Hong Kong Special Administrative Region in accordance with the relevant laws of the region, was established in July 2018. Investment institutions include NGC, Zhenge fund, Lightspeed venture capital, etc.
according to media reports, PayPal finance has become the largest provider of encrypted asset deposit and loan business in the Asia Pacific region.
PayPal is a localized proct launched by PayPal in China, which deals with Renminbi. It is almost
for specific registration process and other precautions, you can help me online
PayPal has a Chinese page, set up in the top right corner of the home page
PayPal is promoted on the Internet
My PP staff, any questions are welcome to inquire