Supervision of digital money market

1. Every country has brought bitcoin and other digital currencies into the regulatory system. Although the regulatory progress and attitude are different, the regulation of digital currencies in different countries is mainly carried out from the following five aspects:
first, classify the legal nature of digital currencies and establish their legal status
the identification of the nature of digital currency has always been the core issue of legal supervision
Second, regulate ICO to protect the rights and interests of investors
thirdly, we should adopt the license system to supervise the legal qualification of digital currency start-ups< Fourth, the digital currency trading platform and private users should be included in the anti money laundering laws and regulations to prevent money laundering activities
fifthly, rece or exempt bitcoin transaction tax or formulate regulatory exemption privileges to relax the regulation of digital currency instry.

2. ​ In recent years, the speculation related to virtual currency (such as ICO, IFO, IEO, IMO and STO) has been in vogue. The price has gone up and down, and the risk has gathered rapidly. Relevant financing entities raise funds from investors or virtual currencies such as bitcoin and Ethereum through illegal sale and circulation of tokens. In essence, they are illegal public financing without approval. They are suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal crimes, which seriously disrupt the economic and financial order

on September 4, 2017, the people's Bank of China and other seven ministries and commissions issued the "notice on preventing the financing risk of token issuance", which cleaned up the ICO and virtual currency trading venues. The scale of domestic virtual currency transactions decreased significantly, effectively avoiding the impact of virtual currency prices on China's financial market.

3. Hello, there is no recognized exchange in China now. If you need to invest, you can look at those with longer service life, those with more than 6 years, and those with good reputation. At present, there are few. You can look at AEX and hot money. If it is Xiao financial management, you can look at AEX financial supermarket, which is more friendly to new users

4. It is definitely recommended that you register with easybtc. Relatively speaking, the safety factor of this platform is among the top.

5. Germany, Japan, Thailand, if you want to buy, you can go to dabit exchange

6. The bitcoin protocol itself cannot be modified unless almost all users work together to choose which software to use. It is unrealistic to try to give a regional authority special rights in the global bitcoin network rules. Any rich organization can choose to invest in mining hardware to control half of the computing power in the whole network, so as to achieve the freezing and cancellation of recent transactions. However, there is no guarantee that they will always have this capability, because the investment needs to be equal to the sum of other miners in the world
however, it is possible to regulate the use of bitcoin in a similar way to any other currency. Like the US dollar, bitcoin can be used for a variety of purposes, some of which can be considered legal or not in accordance with the laws of each jurisdiction. At this point, bitcoin, like any other tool or resource, will be subject to different regulations of each country. Under restrictive regulations, the use of bitcoin will also become very difficult. In this case, it is difficult to determine what proportion of users will continue to use the technology. Governments that choose to ban bitcoin will hinder the development of domestic enterprises and markets and transfer innovation to other countries. As always, the challenge for regulators is to develop effective solutions without compromising the development of emerging markets and companies
on December 5, 2013, the Central Bank of China and other five ministries and commissions issued the bitcoin risk notice, which clearly defined bitcoin as an Internet commodity.

7. Now there is no regulation of digital currency. I suggest you be careful. If you really want to play this thing, you should not take it seriously. It's easy to be cheated.

8. The construction and supervision of digital currency regulation is very important. It is necessary to establish authoritative standards for the positioning, supervision and access of private digital currency. Private digital currency must be included in the monetary regulatory framework. The boundary between private digital currency and sovereign currency is clear, and its scope of use needs to be limited to a local scope.

9. At present, I know about dcpro, but I use it a little more. I don't know about other platforms. It's recommended to check if it's in use.

10. Recently, regulators have further strengthened the supervision of cryptocurrency. A few days ago, the central bank took the lead in holding a forum with many ministries and financial offices in many places to study and deploy the next stage of rectification work of virtual currency "mining" and OTC trading. According to the arrangement of the meeting, we will focus on sorting out and rectifying the OTC trading places or platforms registered in China (including setting the website platform overseas in the form of "going to sea" to continue to provide trading services for domestic users), service providers providing guarantee and clearing for OTC transactions, and institutions or indivials providing market making services for large amount of "point-to-point" transactions online or offline, And block its trading service website and app located abroad. Regulate and rectify bitcoin mines, and guide related enterprises to exit in an orderly manner. In addition, Payment institutions that provide payment services for the above-mentioned OTC transactions will require self inspection and rectification, and shall no longer provide payment services for virtual currency transactions
this joint rectification action focuses on the following four types of online pyramid selling activities: first, online pyramid selling activities under the guise of "consumption rebate", "mutual fund assistance", "virtual currency", "investment and financial management" and "online games"; Second, under the pretext of "charity", "poverty alleviation", "innovation", "equal wealth" and "civil military integration", the online pyramid selling activities deliberately distort the relevant national policies; The third is the network pyramid selling activities that infringe on the students, the minimum living allowance, the disabled and other vulnerable groups; Fourth, the implementation of cross-border manipulation of network pyramid selling activities. At the same time, the core members, backbone members and "professional" participants of online pyramid selling organizations, as well as those who help transfer funds and provide website design and maintenance, shall be seriously investigated and dealt with in accordance with the law
for reference.