Prohibition of digital currency transactions

1.

It is illegal to buy and sell digital currency in China

according to the announcement on preventing the financing risk of token issuance jointly issued by the central bank and other seven ministries and commissions, the announcement points out that any so-called token financing trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", and shall not buy or sell tokens or "virtual currency" as the central counterparties, It is not allowed to provide pricing, information intermediary and other services for token or "virtual currency"

the announcement points out that token issuance financing refers to the so-called "virtual currency" raised from investors through illegal sale and circulation of tokens. In essence, it is an unauthorized illegal public financing behavior, suspected of illegal sale of token tickets, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal and criminal activities

extended information:

the central bank said that the so-called "digital currency" in the market is not legal digital currency:

the central bank's monetary Bureau issued a "risk warning on issuing or promoting digital currency in the name of the people's Bank of China" on its official website, saying that recently, indivial enterprises falsely use the name of the central bank, The relevant digital procts are labeled as "authorized issuance by the people's Bank of China", or the central bank's digital currency promotion team is falsely claimed, in an attempt to deceive the public and take the opportunity to make huge profits

the central bank said that the central bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency. The central bank also suggested that the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud

in fact, virtual currencies such as bitcoin and lightcoin are representatives of the so-called digital currency. The central bank said in 2016 that it was studying China's legal digital currency. Yao Qian, director of the digital currency Research Institute of the people's Bank of China, previously told the media that the prototype scheme for the central bank to issue legal digital currency has completed two rounds of revision, and is expected to be tested in relatively closed application scenarios such as the bill market in the future, but there is no clear timetable for its launch

2. At present, it seems that we can directly exchange the money into RMB, and then withdraw the money. You can also directly put forward the currency to see which foreign platforms support transactions.

3. Official and legal platforms have been closed, and recharge has been suspended. They can download but can't trade. There are still a lot of platforms and swindler apps that are transferred overseas,

4. After 94, the state drove out the exchanges with white gloves
specifically, why can we use the Internet
the announcement of the central bank and other seven ministries and commissions on preventing the financing risk of token issuance is very clear

5.

Recently, the price of global crypto digital currency is quite unstable. Bitcoin has fallen below US $7000 from its peak of US $20000 at the end of last year, and soared by more than 11% in one day. There are huge fluctuations in the market, and there are many differences in the attitudes of countries towards digital currency. Some announced that they would issue the world's first sovereign legal digital currency, showing a "strong support" attitude, and more countries carefully observed and focused on research and guidance

the existing monetary and financial system is not a natural evolution, but an inevitable result of legal restrictions or government regulation. Although cryptocurrency has many defects, it is also a valuable experiment, especially in the exploration of super sovereign currency. Different from precious metal currency and credit currency, they are oriented to the exploration of "transaction benchmark consensus" in the data age. Of course, if it is affected by too much price fluctuation, speculation, deflation restrictions, etc., and the payment function of crypto digital currency can not be truly implemented, it can only be further and further away from the "currency experiment", or become a special basic "digital asset", or a flash in the pan in the long history

still want to cancel virtual currency< br />

6.

I will. If the digital trading exchange suddenly closes, then all the currencies inside will be gone

digital currency will appreciate with the increase of the number of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain. However, when they enter the cycle of devaluation, the bottom level participants often lose a lot

in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency

extended data:

distinguish whether digital currency is MLM currency:

issuing method

virtual currency does not rely on specific monetary institutions. It is proced according to specific algorithms and through a large number of calculations. It is a decentralized issuing method. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head

7. 380 cubic meters blast furnace, 56 square meters ring sintering machine
taste depends on your iron content
generally 9% 12%

8. Can be OTC trading, can also go to foreign trading platform trading

9. Ha ha, this kind of thing is absolutely hype. Let me tell you this. The state only supervises the transaction of virtual currency. After all, the transaction volume of this piece is very large. Domestic players are enthusiastic and highly accepted. Therefore, it is impossible to close it. The full closure will cause the bankruptcy of the trading platform. The state should also pay attention to the influence of the bankruptcy of countless players, In addition, technically speaking, it is impossible to ban all kinds of illegal things on the Internet, not to mention a reasonable and generally accepted investment proct. In addition, some domestic companies have started to set foot in virtual currency e-commerce. The first virtual currency shopping e-commerce platform, e-commerce.com 800, has been launched and fully accepted virtual currency payment, This will provide better support for virtual currency. In addition, the underlying technology of virtual currency, blockchain, has been widely accepted by all countries in the world, and they are actively seizing the commanding point of blockchain technology. Therefore, there is only one possibility for such rumors at present, because at present, in addition to E-Net 800 accepting virtual currency payment, virtual currency can be used for speculation, In addition, the price of bitcoin is on the high side now, and many institutions want to lower the price to get involved in fund-raising. The first step is to release false news and sing short. The intention is very obvious. There is only one possibility for an investment proct to sing short in the high tide period, that is, institutional speculation and lower the price to get involved in fund-raising. In the long run, bitcoin can be held for a long time. The global total amount of 21 million is far more than the current price.