Virtual currency into the market requirements

1.

It is illegal to issue virtual currency privately

According to Article 29 of the regulations of the people's Republic of China on the administration of RMB, no unit or indivial is allowed to print or sell token tickets to replace RMB in circulation on the market

In addition, the "emergency notice of the State Council Office for rectifying unhealthy tendencies in the instry, the State Economic and Trade Commission and the people's Bank of China on prohibiting the issuance and use of various token certificates (cards)" also strictly prohibited similar issues

extended data

virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point and voucher of Shanda company, micro currency launched by Sina (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver grain (used for bixue Qingtian game), and popular digital currencies in 2013 include bitcoin, Laite coin, infinite coin, quark coin, zeta coin, etc Barbecue coins, pennies (Internet), invisible gold bars, red coins, prime coins. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

market formation

the Internet has led to the emergence of a new market, which is a virtual market based on cyberspace. The Internet provides a lot of communication places for consumers, and also provides business market for enterprises. Enterprises must change from proct centered to service centered to customer centered. With the development of computer artificial intelligence technology and database technology, enterprises can conveniently collect customers' information, understand customers' needs in time, change business strategies and grasp economic arteries in real time

With the rapid development of computer and network communication technology, the application of Internet technology has graally penetrated into various fields of human activities, and the unlimited business opportunities that it contains make businesses turn their eyes to e-commerce. E-commerce is penetrating into all aspects of social and economic life at a speed that people can hardly imagine

the traditional finance is also closely watching this irresistible trend of global economic integration and networking. As a result, value-added services take art as the selling point and can be regarded as commodities; The sword in the game is not a brand-new financial services business philosophy - e-finance came into being

from the historical development process, to understand e-finance, we must start from the electronic finance and e-commerce. The so-called e-financialization means that financial enterprises adopt modern communication, computer, network and other information technology means in addition to Internet technology to improve the work efficiency of traditional financial service business, rece operating costs, realize the automation of financial business processing, informatization of financial enterprise management and scientific decision-making, and provide customers with faster and more convenient services, And then enhance the financial enterprise is the behavior of market competitive advantage

e-finance is a transcendence of financial electronization. Different from the electronic finance, the main technical basis of e-finance operation is the increasingly perfect Internet technology. Due to the characteristics of global connectivity, openness, quickness and low marginal cost of Internet technology, e-finance strengthens the restructuring and innovation of financial services business based on Internet technology, so that customers are free from the restrictions of business hours and places, and enjoy all kinds of high-quality and low-cost services provided by financial enterprises anytime and anywhere

with the development of Internet, the form of money is becoming more virtual, and there is an electronic money that only exists in the form of electronic signal

reference source: Network: virtual currency

2.

1. Bitcoin

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, open source software was designed and released, and the P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

2, Ethereum

Ethereum (ETH) is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. Developers need to pay for eth to support the operation of the application. Like other digital currencies, they can be traded on trading platforms

3. Litecoin

litecoin It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world

lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization

Dogcoin, which is called dogcoin / dogcoin by some people, was born on December 8, 2013. Based on the crypt algorithm, dogcoin is the second largest virtual currency in the world after bitcoin in terms of the number of users

digital currency is a global common currency initiated by non-governmental organizations. It does not belong to a certain country, but belongs to all mankind. It has the advantages of fast global transfer. For example, it can remit money from China to the United States in a few seconds, and the cost is low, and the total amount will not be increased at will like legal money, so the total amount is relatively stable

Yuanbao coin is a virtual digital currency similar to bitcoin. The founder of yuanbaocoin is a group of bitcoin enthusiasts and the earliest supporters. However, after seeing the problem of bitcoin, he decided to do his best to develop an electronic currency suitable for Chinese people with the latest technology

Ppcoin was pre released by sunny king on August 11, 2012 and officially released on August 19, 2012. Ppcoin's biggest innovation is that its mining method combines POW workload proof and POS equity proof. POS mining method only needs ordinary computers and clients to process transactions and maintain network security, so as to achieve the purpose of energy saving and security

Katecoin (KTC) is a virtual P2P digital currency that can be used all over the world. Point to point transmission means a decentralized payment system

in businesses that support Kat coin consumption, you can directly use Kat coin for consumption payment

8, quark money

based on six encryption algorithms (black, BMW, groestl, JH, keccak, skein), nine rounds of super secure hash operation of virtual money, three rounds of application of random hash function, quark money has unique technical specifications

9, infinity coin

infinity coin (IFC) is a new digital currency, which has more circulation advantages than bitcoin, and fills the short board of bitcoin in the field of commercial circulation and promoting commercial operation

one transaction of infinite coin needs three confirmations, each confirmation takes 30 seconds, and the transaction confirmation speed is very fast. Because bitcoin transaction needs 6 confirmations, which takes about 1 hour, and lightcoin transaction takes 15 minutes, infinite coin is used in daily common transactions, which is more practical

Common coin, English name popular coin, or POC, was born on March 7, 2014. The total POC is close to the world population (7.057 billion)

POC is a super secure hash operation based on nine rounds of six encryption algorithms (Blake, BMW, groestl, JH, keccak, skein), which is suitable for CPU mining. It generates a block every 15 seconds, with a total of 7.057 billion (close to the world population)

extended data

virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher, Sina's Micro currency (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver pattern (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, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

3. The mainstream digital currency basically does not mention the words of international trading market. We should pay attention to this kind of trading platform, which is likely to be an unreliable platform
the mainstream digital currency trading platforms in China include five bitcoin trading platforms, as well as counterfeit currency platforms such as jucoin and bitage. Puyin also has its own special trading platform, with a trading zone in jucoin.com.

4. I don't know if you are talking about bitcoin. No matter what kind of transaction, the market price is generally calculated according to the price of the assets. For example, in the case of bitcoin, each bitcoin exchange will publish the bitcoin price of its own exchange according to the transaction situation of its own exchange. And the market price, which is processed by the price announced by each exchange, is calculated based on the price announced by each exchange. Therefore, the market's comprehensive trading situation determines the trend of the market, that is, if the buyer is stronger than the seller in a fixed period of time, the situation of pulling the market will appear.

5. Bitcoin, Ruitai, Weimeng, Laite, doggy and Ethereum can be traded on mainstream digital currency trading platforms.

6. Not all virtual currencies can be traded on the Internet. Fire coin network is a mainstream bitcoin, lightcoin trading platform in China. Only bitcoin and lightcoin transactions are supported, and no other currencies are available
if you want to trade other counterfeit currencies, you can choose the mainstream counterfeit currency trading platform. There are many currencies that support trading, such as jucoin, Xigu, bitage and so on.

7. Trading market? You're talking about an exchange...
a small exchange may not need money, and you can even set up your own exchange for $1.2 million
large exchanges, such as fire currency and currency security, should be more than 10 million RMB
for example, some time ago, the voting cost of huocoin was about 30 million yuan

finally, the scope of blockchain is relatively large, not just sending a token to the exchange. Therefore, the exchange on the blockchain is a sick sentence.

8. No, but don't do anything illegal
the notice clarifies the nature of bitcoin, and holds that bitcoin is not issued by the monetary authority, has no monetary attributes such as legal compensation and compulsion, and is not a real currency. In terms of nature, bitcoin is 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. However, bitcoin trading as a commodity trading behavior on the Internet, ordinary people have the freedom to participate at their own risk

the notice requires that at this stage, all financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin as a central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, and provide other bitcoin related services to customers directly or indirectly, Including: providing bitcoin registration, trading, clearing, settlement and other services for 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

according to the notice, the bitcoin Internet website, as the main trading platform of bitcoin, shall be filed with the telecommunications administration according to the provisions of the Telecommunications Regulations of the people's Republic of China and the measures for the administration of Internet information services. At the same time, in view of bitcoin's high risk of money laundering and being used by criminals, the notice requires relevant institutions to perform the legal anti money laundering obligations such as customer identification and suspicious transaction report in accordance with the anti money laundering law of the people's Republic of China, so as to effectively prevent the money laundering risks related to bitcoin

in order to avoid excessive speculation of virtual commodities such as bitcoin in the name of "virtual currency" and damage the public interest and the legal tender status of RMB, the circular requires financial institutions and Payment institutions to correctly use the concept of currency in their daily work, pay attention to strengthening the ecation of the public's knowledge of currency, and correctly understand the concept of currency The concept of correctly treating virtual commodity and virtual currency, rational investment, reasonable control of investment risk, and maintenance of their own property security should be included in the content of financial knowledge popularization activities, so as to guide the public to establish a correct concept of currency and investment

in the future, the people's Bank of China will continue to pay close attention to the trend and related risks of bitcoin based on its own responsibilities (end)

9.

It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value

since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable

extended data

to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"

new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income

in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />