A new round of consolidation of virtual currency

1. Because it is a kind of virtual currency and exists on the Internet, it has great risk, instability and uncertainty. bitcoin is not issued by the central bank. It is a proct of the Internet.

2. This argument is thoughtless. It's impossible to print any currency war
first, currency involves the sovereignty of independent countries. How can virtual currency trigger currency wars between different countries? Second, the scale of real physical money is huge, which has been accumulated for decades or even hundreds of years (for example, China's broad money MI has reached 140 trillion yuan of "Tianliang"). Even if virtual money is officially launched, do you think it will take decades to reach the scale of millions of yuan? Without scale, can we make big waves? Therefore, it is too biased to say that virtual currency will trigger a new round of currency war.

3.

With the development of digital economy, great changes have taken place in people's consumption patterns. The former means of cash payment are being replaced by various means of payment. Even when people go out, they seldom carry cash. In addition, with the intervention of bitcoin, lightcoin and other virtual currencies, the virtual currency with blockchain as the underlying technology is graally moving towards the vision of ordinary people

In addition, fan Yifei said that changes in the traditional business environment have led to various challenges in the work of money and gold, and new changes in the issuance and circulation of RMB. In this regard, the central bank needs to strengthen prevention and resolve the risks of money circulation

4.

Recently, it has been rumored that central bank officials from Shanghai and Beijing have begun to investigate virtual currency trading venues, and it is likely that the ban on virtual currency trading will be lifted. After the reporter to a special rectification of Internet financial risk staff verification, the relevant reports and facts do not match

instry insiders suggest that the majority of consumers and investors should enhance their awareness of risk prevention. If they find that they are involved in illegal financial activities in the notice, they can report to the relevant regulatory authorities or China Internet Finance Association. If they are suspected of crimes, they can report to the public security organ

5.

Recently, the people's Bank of China held a national teleconference on money and gold and silver work in 2018. Fan Yifei, vice governor of the people's Bank of China, pointed out at the meeting that this year we should solidly promote the research and development of digital currency of the people's Bank of China, strive to improve the level of cash service, carry out the rectification and clean-up of all kinds of virtual currency, closely communicate and cooperate with relevant departments, and vigorously rectify the chaos in the field of cash circulation

Fan Yifei pointed out that the current work of currency gold and silver is facing new challenges, the traditional business environment has undergone major changes, the development of digital economy, the diversification of means of payment and the change of the public's habit of using banknotes have had a profound impact on the issuance and circulation of RMB, and the public has put forward new and higher requirements for the level of cash service“ The central bank's monetary gold and silver work needs to be continuously deepened in serving the real economy, effectively promoted in improving services for people's livelihood, and comprehensively strengthened in preventing and defusing risks. "

"commercial banks should give full play to the pivotal role of cash delivery and withdrawal, further do a good job in the issuance of ordinary commemorative coins, and effectively improve the public satisfaction; Further strengthen the cash analysis, improve the level of cash management, strengthen the management of large amount of cash, and effectively protect the people's demand for small denomination RMB; We will further strengthen the anti-counterfeiting work, strengthen internal control and management, and constantly improve the ability of employees and cash machines to intercept counterfeit money. " Fan Yifei said

6.

On March 28, the central bank held a national teleconference on monetary gold and silver work in 2018. Fan Yifei, vice governor of the people's Bank of China, pointed out that we should further strengthen reform and innovation and solidly promote the research and development of digital currency of the people's Bank of China. We should strictly strengthen internal management and external supervision, attach great importance to and effectively strengthen the quality control of RMB, carry out large amount cash management, build a cash clearing enterprise supervision system in accordance with the law, carry out the rectification and clean-up of all kinds of virtual currencies, and strive to build a "five in one" anti-counterfeit currency working mechanism

from the perspective of global digital currency regulatory practice, China has adopted a more stringent regulatory approach, but it does not mean that China can stay out of the global financial innovation wave. In the future, China should actively participate in the global governance of digital currency and enhance its influence and voice in the development of digital currency and regulatory rules

7. At present, the work of currency, gold and silver is facing new challenges. The traditional business environment has undergone major changes. The development of digital economy, the diversification of payment means and the change of the public's habit of using banknotes have had a profound impact on the issuance and circulation of RMB. The public has also put forward new and higher requirements for the level of cash service. The monetary gold and silver work of the central bank needs to be continuously deepened in serving the real economy, effectively promoted in improving services for people's livelihood, and comprehensively strengthened in preventing and defusing risks.

8. In 2018, we will promote the in-depth transformation of monetary gold and silver work, further intensify reform and innovation, and solidly promote the research and development of the central bank's digital currency. We also said that we should strictly strengthen internal management and external supervision, and carry out the rectification and clean-up of all kinds of virtual currencies.

9.

Atomic currency is not legal. With the blockchain technology becoming the focus of social attention, the virtual currency severely cracked down by the regulatory authorities appears the momentum of resurgence

all promotional activities on virtual currency under the banner of blockchain are illegal. There is no change in the attitude of the regulatory authorities to the virtual currency speculation and the virtual currency trading places

the regulatory authorities have made an overall deployment, requiring all parts of the country to comprehensively investigate the latest situation of the territory's virtual currency speculation activities with the help of blockchain. In the next stage of work, the regulatory authorities will intensify efforts to clean up and rectify the virtual currency and trading places, and find and deal with them together

the registration, filing information and legitimacy of virtual currency platform are not protected by law when the legitimacy of virtual currency is not clear

extended information:

the people's Court of Futian District of Shenzhen city tried a dispute caused by the investment and trading of virtual currency. The court reminded that the investment transaction of virtual currency is not protected by law, and investors should keep sober and rational

according to the relevant regulations, virtual currency is not issued by the monetary authority, does not have monetary attributes such as compensatory and mandatory, does not have the same legal status as currency, and cannot be used as currency in the market

the issuance and financing of virtual currency is essentially an unauthorized illegal public financing behavior, which is suspected of illegal selling of token tickets, illegal fund-raising, financial fraud, pyramid schemes and other illegal and criminal activities. Investors should not be carried away by "high income"