Asian exchange virtual currency

1.

1、 Different definitions:

1. virtual currency:

virtual currency refers to non real currency

digital currency:

digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

3. Cryptocurrency:

cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units

4. Token (token):

a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English

Second, the characteristics are different:

1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency

2. Digital currency:

is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities

Cryptocurrency:

cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system

4. Token (token):

usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods

extended data

at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company

digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability

2.

The 60 kinds of pyramid selling virtual currencies broadcast by CCTV news include MBI, m3, Diablo, Asian currency, star currency, Jinyuan shopping alliance e-currency, Changjiang international virtual currency, qileba, micro TV media e-currency, bonus point currency, virtual gold coin, HGC, COA, LFG, Sri, bismall, ahkcap, CPF, Yifen, K currency, R currency, Baichuan currency, K Bao, Zhongfu Tongbao, Hongtong currency, etc Raines e-money

Global BlackRock No.1, Glasberg, BCI, m, wing, EV, performance, FIS, u, ES, zangbao performance, huiai e-money, jianyipan e-money, subsidy, hftag, Kaixin compound interest, kuailinian virtual currency, Shihua currency, ente currency, CPM, Kara currency and supreme currency

there are at least 65 kinds of "virtual currency" with different names, such as Wuhua union virtual currency, Meisheng e, Zhonghua currency, Mimi virtual currency, FIS, world Yunlian cloud currency, Liwu currency, Vicat currency, mark currency, Shanxin currency, Wuji currency, ATC, IPC, central currency, Wuxing currency, huiai currency and nautical currency

< H2 > extended information:

in the 141 cases of virtual currency pyramid selling found on China's judicial documents, the number of such criminal cases is increasing year by year. In 2014, the court ruled 5 cases, and then increased by multiple, to 62 cases in 2017. According to the judgment documents, among the above-mentioned virtual currency pyramid schemes, "Vicat" has the highest amount of money involved, with a total of 7 billion, and its global membership number is 10770000, with the largest number

in terms of the development scale of MLM organizations in China, "cloud coin" (also known as world UnionPay and world cloud Alliance Network MLM platform) has the largest number of MLM organizations (4391449); Second, the "dark money" pyramid marketing organization has developed more than 3.4 million members

source of reference: phoenix.com - virtual money pyramid scheme: 65 kinds of pyramid schemes cheat 10 million people, over 10 billion

3.

The 60 kinds of illegal virtual currencies are as follows (ranking in no particular order):

1 ~ 10: MBI, m3, Diablo, Asian currency, star currency, Jinyuan shopping alliance e-currency, Changjiang international virtual currency, five element currency, micro media e-currency, bonus point currency

11 ~ 20: virtual gold coin, HGC, central coin, LFG, Sri, huiai coin, nautical coin, CPF, Yifen, K coin

21 ~ 30: R coin, Baichuan coin, kbao, Zhongfu Tongbao, Hongtong coin, Raines electronic currency, global BlackRock No.1 financial currency, Glasberg, BCI, m coin

31 ~ 40: Wing coin, ev coin, performance coin, FIS, u coin, ES, zangbao net performance coin, huiai e-coin, Jianye disk e-coin and subsidy coin

41 ~ 50: hftag, Kaixin compound currency, kuailine virtual currency, Shihua currency, ente currency, CPM, carat currency, supreme currency, Wuhua union virtual currency, Meisheng E

51 ~ 60: Chinese currency, Mimi virtual currency, FIS, world Yunlian cloud currency, Liwu currency, Vicat currency, mark currency, kindness currency, Wuji currency, ATC

extended materials:

well known virtual currencies, such as network currency of network company, Q currency of Tencent company, Q point and voucher of Shanda company, micro currency launched by Sina (used for micro game, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), and Wenyin (used for bixue Qingtian game)

the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency

At present, there are more than 100 kinds of digital currency in the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market circulation, and citizens' investment and transaction of virtual currency are not protected by law

4. He must have made full use of the value of bitcoin to achieve his goal in life.

5. Because the dollar factor is still an important factor affecting the currency exchange rate of Asian countries. For example, the Hong Kong dollar and the US dollar are fixed exchange rates, the Japanese yen is controlled by the US dollar, and the US dollar accounts for the largest weight in Singapore's currency basket. The US dollar also has the largest weight in the basket of RMB, That is to say, the appreciation of Asian currencies.
there are four main reasons why the United States has so consistently demanded the appreciation of RMB: some policy makers in the United States believe that the pegged exchange rate system of RMB has an important impact on other Asian countries and regions to implement similar systems, or buy a large number of US dollars in the foreign exchange market to prevent the appreciation of their own currencies. In the view of the United States, the appreciation of RMB can also drive the appreciation of currencies of other Asian countries and help the United States improve its current account balance to a greater extent. ■■_ First of all, this is an integral part of the US policy of hoping and conniving at the depreciation of the US dollar against the background of the rapid expansion of its current account deficit. In the view of the United States, China is a country with a huge trade surplus in goods. In 2003, China had a trade surplus of 125 billion US dollars (China's statistics is 59 billion US dollars); In the past two years, the euro, yen, Canadian dollar, Australian dollar and British pound all have a significant appreciation against the US dollar, while the exchange rate between RMB and US dollar remains unchanged, and RMB has a weight of nearly 10% in the broad exchange rate index of the Federal Reserve. Therefore, the United States hopes that the appreciation of RMB against the US dollar will help rece its current account deficit. Secondly, some policy makers in the United States believe that the RMB pegged exchange rate system has an important impact on other Asian countries and regions to implement a similar system, or to buy a large number of US dollars in the foreign exchange market to prevent the appreciation of their own currency. These countries and regions include Hong Kong and Taiwan, South Korea, Singapore, Thailand, Indonesia, Malaysia, the Philippines and even India and Japan. They both have a trade surplus with the United States, and regard China as a competitor in the export market. They are not willing to realize the appreciation of their own currency against the U.S. dollar before the appreciation of China's RMB against the U.S. dollar, otherwise they will damage the competitiveness of their own exports against Chinese procts in the international market. Therefore, in the view of the United States, the appreciation of RMB can also lead to the appreciation of currencies of other Asian countries, thus helping the United States to improve its current account balance to a greater extent. In addition, some people in the United States believe that China's economy is in the process of rapid growth in the past two years, and the Chinese government is committed to implementing macro-control and eliminating overheating of the economy. At this time, it will be easier to achieve its goal of RMB appreciation against the US dollar by putting pressure on China, or "warning the interests". The United States believes that in order to maintain the fixed exchange rate of RMB against the US dollar, the people's Bank of China has purchased a large number of US dollars in the foreign exchange market and expanded the supply of basic money, which is not concive to China's flexible use of interest rates, money supply and other monetary policy means to control credit growth and curb economic overheating. A lot of speculative capital keeps flowing because of the undervaluation and expected appreciation of RMB, which also stimulates the expansion of bank credit and the rapid rise of real estate prices. The increase of imports and decrease of exports accompanied by RMB appreciation will help to increase China's total supply and rece China's total demand, which is in line with China's need to curb economic overheating. At the same time, some policy makers in the United States believe that China is following the "four little dragons" of Japan and Asia by undervaluing its currency, and is on the road of export-oriented growth; In the past, the United States has successfully forced them to appreciate their currencies, hoping to "repeat the old trick" against the RMB.

6. The risk of the source of inward funds
the above contents are for your reference. Please refer to the official website of BOC for the latest business changes
if you have any questions, you are welcome to consult the online customer service of Bank of China or download the mobile banking app of Bank of China.

7. The risk of the source of inward funds
the above contents are for your reference. Please refer to the official website of BOC for the latest business changes
if you have any questions, you are welcome to consult the online customer service of Bank of China or download the mobile banking app of Bank of China.

8. Exchange is a settlement method in which the remitting unit entrusts the bank to remit the money to the non local payee

according to the different methods of transferring funds and the different ways of transmission, the exchange can be divided into two kinds: letter transfer and telegraphic transfer, which are chosen by the remitter

exchange is the exchange of Securities for cash or one currency for another.