China's strong crackdown on digital currency
It's illegal
the central bank indicated that it 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
In addition, 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 
extended information:
virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency
in 2013, the central bank, together with five ministries and commissions, issued the notice on prevention of bitcoin risks, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, which do not exist in the form of currency and legal currency
First of all, we need to know what digital currency is. Digital currency is characterized by decentralized transaction currency. The most famous is bitcoin. However, digital currency has not been recognized by China in recent years. Recently, China plans to issue China's digital currency DCEP, or DC for short. Digital currency itself is currency. When you ask how to make money, you are actually asking, How does money make money? In fact, there are many channels. First, we will have funds in the later stage to conct private placement of digital currency. Second, how do we usually earn RMB? Now, when we promote the use of digital currency in China, we will use digital currency to earn money
as a digital currency, in fact, what China issues is similar to legal currency. The purpose of legal currency is to stabilize the RMB, which should float up and down 1:1 per second. According to different exchange rates, DCEP: usdt will float up and down 7:1. In the later stage, it may be 1:1 according to China's increasing competitiveness, which is also graally declining in recent years
as a digital currency, if you want to make money, there are many ways. Major exchanges can convert it into different digital currencies. Other digital currencies may not be as stable as usdt and DCEP, and the price will keep rising and falling according to the demand. At this time, we can buy and sell stocks in a similar way to earn the price difference, If you don't enjoy it, many digital currency exchanges provide contracts, which can buy and sell multiple times, or be bullish or bearish, or even hundreds of times at most. Many people get rich through this way, but there are also many people who lose their property. In addition, this kind of exchange will make your currency return to zero in a way, We should be wary of many such exchanges running away - refer to the second largest exchange checked OK exchange
in addition, as a national form of digital currency, there should be short positions. For example, China's state-owned enterprises carry out digital transformation to form community-based currency, which may be airdropped according to the DCEP they hold. This is my guess
in addition, defi's liquidity mining, commonly known as market making, is more popular now. In the later stage, it may replace the exchange. Everyone is an exchange and can charge a handling fee
The people's Bank of China has not issued digital currency for the time being, so there is no legal digital currency in China at present. At present, digital currency has not been recognized in China, let alone legal
at present, all kinds of digital currencies circulating in the market are basically on the edge of the law. China maintains a neutral attitude, but does not like speculation, which is also the basic attitude of the central bank{ RRRRR}
< H2 > development materialsdigital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English and the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency
however, the digital currency that the central bank plans to issue has the monetary attribute and has the credit endorsement of the central bank. The central bank's version of digital money will first be applied to the bill market. It is still difficult for the central bank to popularize the digital currency in China, because the degree of economic development is different across the country
at the same time, there are some applied digital currencies in China. For example, the Puyin digital currency launched by Puyin group is a standard digital currency with credit endorsement of related tea assets.
Hello, the replacement of paper-based RMB by digital RMB is basically certain. Just as the era goes from entity to e-commerce, RMB also goes from offline to online. Its function is exactly the same as paper money, that is, the digital version of paper money
at present, China's digital currency is a leading technology, which is bound to accelerate its digital currency construction in the short term, in order to find the gap with DCEP. However, DCEP can ultimately promote the nationalization of RMB, still depends on the steady growth of domestic economy and the international circulation ability of RMB itself, not only on the digital technology of RMB, but also has a long way to go
It's illegal
the central bank indicated that it 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
In addition, 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
extended information:
virtual currency is the electronization of illegal currency, and its original issuer is not the central bank. This kind of virtual currency is mainly limited to circulation in a specific virtual environment. Digital currency can be used for real goods and services transactions, but only the digital currency issued by the state is legal digital currency
in 2013, the central bank, together with five ministries and commissions, issued the notice on prevention of bitcoin risks, which clearly defined non legal digital currencies such as bitcoin as virtual commodities, which do not exist in the form of currency and legal currency