Is BACs digital currency issued in China

1.

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 materials

digital 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

2.

It's illegal. It must be a hoax

so far, the Chinese government does not recognize the legitimacy of any digital currency, so no digital currency will appear in the payment system at all. Any digital currency advertised to appear in wechat payment system must be a fraud

extended data:

digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English, and is the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form

3. Yes, of course. The digital currency issued in the future is equivalent to the paper currency now. It is also the endorsement of national credit. Forced. The difference is just digital. After the implementation of digital currency, you can no longer see so many notes circulating in the market. Any transaction can be completed with a few symbol codes. It is convenient and fast, and has strong traceability.

4. China has not officially issued any digital currency
by digital currency, the central bank means digital currency.

5.

It is not currently available

at present, the Central Bank of China has not issued and approved the digital currency of issuers and investors

However, at the beginning of the year, the central bank held a seminar on digital currency, at which it made it clear that it was necessary to issue digital currency as soon as possible, and the central bank put the issue of digital currency on the agenda

however, so far, the central bank has not issued any digital currency, and Zhou Xiaochuan, the governor of the central bank, said that the time is not ripe to issue digital currency. Moreover, the digital currency issued by the central bank is different from bitcoin, Ruitai, Laite and other digital cryptocurrencies, and the digital currency issued by the central bank is not decentralized

< H2 > extended data:

when the central bank issues digital currency, it needs to establish a basic digital currency system. In this system, the central bank is in charge of the digital currency issuing bank, the commercial bank is in charge of the bank, and the public and indivials hold digital wallets. This is not much different from the existing monetary system in essence, but the managed currency is changed from paper money to digital cryptocurrency

in terms of issuing mechanism, there are two modes:

one is the traditional mode of "central bank commercial bank", that is, the central bank issues digital currency from the issuing bank of the central bank to the Bank of the commercial bank. When an indivial withdraws money from the commercial bank, the digital currency is transferred from the commercial bank to the personal digital wallet

another mode is the "central bank public" mode, that is, the central bank can directly issue digital currency from the currency issuing bank to the digital wallet of the public and indivials. In essence, no matter which issuing mode, money is ultimately held by the public, which is the debt of the central bank to the public

6. Of course not, because the people's Bank of China has not issued any kind of digital currency. These so-called digital currencies belong to the market.

7. No, China has not yet recognized the currency of bitcoin

8. No, the central bank has not issued digital currency yet< At present, digital currency is still in the stage of demonstration. Based on the research experience of digital currency at home and abroad, combined with the existing technical system and business scope of UnionPay, the feasibility of UnionPay network supporting legal digital currency is studied and demonstrated< < br > < br > since its establishment, under the leadership of the people's Bank of China, China UnionPay has successfully completed the historical mission of "universal networking" and successfully created its own brand, which has played an important role in serving economic and social development, improving people's livelihood, enhancing the level of financial services, and promoting the construction of China's modern payment system< Br > < br > for details, please check the official website or contact UnionPay customer service< br>

9. First of all, such currencies are virtual currencies. China does not support virtual currency at all, and the transaction of such currency is illegal, so it is not protected by law. I suggest that you do not participate in such currency takeout.