Is lightcoin and bitcoin legal
It is not recommended to invest in lightcoin. Now lightcoin is generally not optimistic in the instry. Although lightcoin is known as the test proct of bitcoin, it fails. No innovation. Once claimed not to adapt to ASIC mining machine, but finally became a joke. Li Feng, the ancestor of Laite coin ASIC mining machine, said frankly that no currency is not suitable for ASIC mining machine. Since the announcement of the central bank in 2013, like bitcoin, lightcoin has been in a long-term downturn< br />
bitcoin, lightcoin and other virtual cryptocurrencies are defined by the central bank as a kind of special Internet goods in China. Citizens can buy and sell freely at their own risk, which denies their monetary attribute. Central bank governor Zhou Xiaochuan once said that bitcoin is more like a tradable asset, similar to stamps. Since it's a commodity or asset, it's legal. Citizens' property is sacred and inviolable. Bitcoin house also published the full text of the joint notice on bitcoin risk issued by the central bank and other five ministries and commissions in 2013. You can see it from the emotional point of view
most of the major countries in the world also adopt a cold attitude towards bitcoin, because bitcoin may be used for money laundering, drug trading and other illegal activities.
although bitcoin still has great risks, after years of development, with the increase of its application population, application scenarios and application technology, no country or organization can completely eliminate it. If you can figure it out, it is likely that countries will generally accept bitcoin and embrace it
according to my personal judgment, bitcoin, after a period of continuous development, is likely to become a world currency in the future, which can play the role of electronic gold and become the target of the value of other sovereign currencies. From this perspective, bitcoin can be used as a means of asset preservation in the future when inflation is inevitable
At present, it is not officially recognized in China, and the specific legal documents have not been issued
The English name of kitcoin is kitcoin, which belongs to the third generation cryptocurrency in architecture, and combines the concepts of original mode, profitability, security and payment. KTC is essentially bitcoin, a virtual currencyaccording to the regulations on the administration of RMB, the proction and sale of token tickets are prohibited. Because there is no clear judicial interpretation of the definition of token ticket, if bitcoin is included in the "token ticket", the legal prospect of bitcoin in China will face uncertainty
the notice of the Ministry of culture and the Ministry of Commerce on strengthening the management of virtual currency of online games (Wen Shi Fa [2009] No. 20) on June 4, 2009 stated that the application scope of virtual currency of online games was defined for the first time, and the distinction between the current virtual currency of online games and the virtual props in the game was made; At the same time, the notice said that the "notice" stipulates that enterprises engaged in related services must be approved before they can operate
in 2013, the central bank issued the notice on prevention of bitcoin risk, and then it came out that the central bank interviewed more than 10 persons in charge of third-party payment companies, explicitly requiring them not to provide payment and clearing services to bitcoin, lightcoin and other trading websites. The price of bitcoin in China has dropped all the way from about 7000 yuan to 3300 yuan. More analysis said that bitcoin will withdraw from China
this is a kind of investment, and the risk is great, even in our country is not recognized by the state, so we need to be more cautious
extended materials
to prevent the possible money laundering risk of bitcoin
all branches of the people's Bank of China should pay close attention to the trend and trend of bitcoin and other similar virtual commodities with anonymous and cross-border circulation convenience, carefully study and judge the money laundering risk, and study and formulate targeted preventive measures. All branches shall bring into anti money laundering supervision the institutions established according to law and providing bitcoin registration, trading and other services within their jurisdiction, and urge them to strengthen anti money laundering monitoring
Internet stations that provide bitcoin registration and transaction services should fulfill their obligations to fight money laundering, identify users' identities, and require users to register with real names, register name, ID number and other information. p>
all financial institutions, Payment institutions and Internet websites providing bitcoin registration, trading and other services should report to China Anti Money Laundering Monitoring and Analysis Center immediately if they find suspicious transactions related to bitcoin and other virtual commodities, and cooperate with the anti money laundering investigation activities of the people's Bank of China; If any criminal activity clues such as fraud, gambling, money laundering are found using bitcoin, they should report to the public security organ in time
the English name of KTC is kitcoin. In terms of architecture, it belongs to the third generation of cryptocurrency and combines the concepts of original mode, profitability, security and payment. KTC is essentially bitcoin, a virtual currency. KTC is an authorized third-generation digital asset in Hong Kong. It was listed on NASDAQ in March 17. Kitcoin, the third-generation encrypted digital asset, announced its open source code to the world on NASDAQ
in 2013, the people's Bank of China issued the notice on preventing bitcoin risks, and then it was reported that the people's Bank of China had interviewed more than 10 persons in charge of third-party payment companies, explicitly requiring them not to provide payment and clearing services to bitcoin, lightcoin and other trading websites. The domestic price of bitcoin has dropped all the way from about 7000 yuan to 3300 yuan, and some analysts say that bitcoin will withdraw from China
KTR is a kind of investment, and the risk is very high, even in our country is not recognized by the state, so we need to be more cautious
extended information:
notice on prevention of bitcoin risk
1. Correctly understand the attributes of bitcoin
bitcoin has four main characteristics: no centralized issuer, limited total amount, no geographical restrictions and anonymity. Although bitcoin is called "currency", it is not a real currency because it is not issued by the monetary authority and has no legal compensation and mandatory monetary attributes
in terms of nature, bitcoin should be a specific virtual commodity, which does not have the same legal status as currency, and cannot and should not be used as currency in the market< Second, financial institutions and Payment institutions are not allowed to carry out bitcoin related business
at this stage, financial institutions and Payment institutions are not allowed to price bitcoin as a proct or service, buy or sell bitcoin as a central counterparties, underwrite bitcoin related insurance business or include bitcoin into the scope of insurance liability, It is not allowed to provide other bitcoin related services to customers directly or indirectly,
including: providing bitcoin registration, trading, clearing, settlement and other services to customers; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc
Third, strengthen the management of bitcoin Internet sites
according to the telecommunication regulations of the people's Republic of China and the measures for the administration of Internet information services, Internet sites providing bitcoin registration, trading and other services shall be filed with the telecommunications regulatory agency
in accordance with the identification and punishment opinions of relevant administrative departments, the telecommunications regulatory authorities shut down illegal bitcoin Internet stations in accordance with the law
source of reference: Sogou Network -- notice on preventing bitcoin risk