Alpha virtual currency company
It's illegal to issue coins in China. Illegal enterprises can't be registered in China Article 3 of the regulations of the people's Republic of China on the administration of RMB has made clear provisions. The relevant laws and regulations are as follows:
regulations of the people's Republic of China on the administration of RMB
Article 3 the legal tender of the people's Republic of China is RMB. No unit or indivial may refuse to pay all public and private debts within the territory of the people's Republic of China in Renminbi
Article 28 No unit or indivial is allowed to print or sell token tickets to replace RMB in circulation on the market 
extended information:
People's Bank of China's "risk tips on preventing illegal fund-raising in the name of" virtual currency "and" blockchain "
under the banner of" financial innovation "and" blockchain ", By issuing so-called "virtual currency", "virtual assets" and "digital assets" to absorb funds, the legitimate rights and interests of the public are infringed. This kind of activity is not really based on blockchain technology, but hypes the concept of blockchain, illegal fund-raising, pyramid selling and fraud. It mainly has the following characteristics:
1. Obvious networking and cross-border. Relying on the Internet and chat tools for transactions, and using online payment tools to balance funds, the risks spread widely and spread quickly. Some lawless elements set up websites by renting overseas servers to carry out activities for domestic residents and control illegal activities remotely. Some indivials claim in the chat tool group that they have obtained the investment quota of overseas high-quality blockchain projects and can invest on their behalf, which is most likely fraud. Most of these illegal funds flow overseas, which makes it very difficult to supervise and trace
Second, deception, temptation and concealment are strong. They use hot concepts to hype, fabricate various "tall and tall" theories, and some also use celebrity "big V" platforms to publicize. They use airdrop "candy" as temptation to claim that "currency value only rises but not falls", "investment cycle is short, income is high, and risk is low", which has strong bewitching. In practice, criminals illegally make huge profits by manipulating the price trend of the so-called virtual currency, setting profit and withdrawal thresholdin addition, some criminals also issue tokens under the guise of ICO, IFO, IEO and other fancy items, or speculate in the way of IMO in the name of sharing economy, which has strong concealment and confusion
Thirdly, there are many kinds of illegal risks. Through public publicity, criminals use "static income" (currency appreciation profit) and "dynamic income" (development offline profit) as t to attract public investment, lure investors and development personnel to join, and constantly expand the fund pool, which is characterized by illegal fund-raising, pyramid selling, fraud and other illegal behaviorsAs of November 30, 2018, ELFA has not been recognized as a pyramid scheme. ELFA is a virtual currency proct of ELFA Holding Group Co., Ltd. Alfa Holding Group Co., Ltd. is Shanghai Hengfeng Computer Network Technology Co., Ltd. You can also judge whether it is pyramid selling according to Article 7 of the regulations on the prohibition of pyramid selling
According to Article 7 of the regulations on the prohibition of pyramid selling, the following acts belong to pyramid selling:(1) organizers or business operators require other personnel developed by the developed personnel to join in through developing personnel, and the developed personnel shall be calculated and paid remuneration (including material rewards and other economic benefits, the same below) based on the number of personnel developed directly or indirectly, Seeking illegal interests
(2) the organizer or business operator, through the development personnel, requires the personnel to be developed to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other personnel to join and seek illegal interests (3) the organizers or business operators, through the development personnel, require the development personnel to develop other personnel to join, form the relationship between the upper and lower line, and calculate and pay the online remuneration based on the sales performance of the lower line, so as to seek illegal intereststhe following is the media report:
on December 29, 2016, the Fengtian banquet hall of Shangri La Hotel in Shenyang, Liaoning Province was filled with laughter and guests. The 2016 award ceremony of Shanghai Hengfeng Computer Network Technology Co., Ltd. was held here. Alfa group's senior management team from South Korea, as well as instry elites and news media representatives from South Korea, Vietnam, the United States, France, Japan, the United Kingdom and China attended the ceremony
the participants watched the promotional video of Alfa Group Co., Ltd. and Mr. Pu, the person in charge of Shanghai Hengfeng Computer Network Technology Co., Ltd., delivered a speech on behalf of the head office. In his speech, he shared the company's entrepreneurial history and achievements, emphasizing that development originates from dreams, is based on struggle, and is focused on persistence
he hoped that all the staff of the company would carry forward the spirit of indomitable struggle, fearless of difficulties and keen market insight, seize the opportunity, forge ahead with determination, fight bravely in the tide of market economy, and write a brilliant history with hard-working hands and wisdom. Ten years of sharpening a sword, summing up the past, looking forward to the bright future of the company, Alfa will be more brilliant tomorrow
ring the celebration, elite representatives from all over the country made inspirational speeches, held lucky draw activities and artistic performances, presented a number of wonderful programs for guests, and presented a cultural feast. The company also rewarded the sales elites, and the whole celebration was full of laughter and applause
as the currency of the previous generation, paper money has low technology content. From the perspective of safety and cost, it is the general trend to be replaced by new technology and new procts. In particular, with the development of the Internet and the great changes in payment methods all over the world, the establishment of digital currency issuance and circulation system is very necessary for the construction of financial infrastructure and the promotion of economic quality, efficiency and upgrading
Alfa Holding Group Co., Ltd. is also the only company that has obtained the license of Korean e-virtual currency among hundreds of virtual currency companies in South Korea. ELFA is the virtual currency with the widest combination of e-money scarcity and service application. On the basis of bitcoin technology, R & D technology and mining system are more optimized and perfect. At the same time, it has a wide range of service application value and huge revenue prospects
virtual currency is divided into:
unencrypted currency (enterprise currency is also known as capital disk) and digital cryptocurrency
1. Unencrypted currency (enterprise currency) is issued by companies or private indivials. It can be issued indefinitely. It does not need to solve the equation through the CPU program of computer graphics card
well known virtual currencies, such as online currency of Internet company, QQ currency and QQ point of Tencent company, voucher of Shanda company, and micro currency (used for micro games and Sina reading, etc.) launched by Sina. Because it can be issued unlimited according to the market demand, it does not have the value of collection and appreciation
2. Digital cryptocurrency is not issued by legal tender institutions and is not controlled by the central bank. It is based on the open source code of a group of equations calculated by computers all over the world. It is generated by a large number of operations of computer graphics card and CPU, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The design based on cryptography can make the cryptocurrency only be transferred or paid by the real owner
3. The biggest difference between cryptocurrency and other non cryptocurrencies is that the total quantity of cryptocurrency is limited and it has a strong scarcity. Because the total amount of open source code for this group of equations is limited, if you want to get it, you must get it through the calculation of the CPU of the computer graphics card
4. Precisely because the total amount of cryptocurrency is limited and it is scarce, the more the cryptocurrency is mined, the higher the appreciation of the cryptocurrency is. It is just like the gold buried in the earth, which is limited in quantity and never depreciates. This operation of our computer's equation code is like mining in a gold mine. That's why it's figuratively compared to mining
5. What does digital cryptocurrency look like
real open source code is a special solution generated by a series of complex algorithms. After mining, cryptocurrency is a string of codes, just like the serial number in the lower left corner of RMB. As long as you master the open source code, whoever owns the serial number will have the right to use the cryptocurrency, and you can truly own this financial digital asset.
It's a scam
According to the data, from 2012 to 2016, the compound growth rate of ICO financing of virtual currency reached 547%. In the first half of this year, the scale of domestic ICO has exceeded 2.6 billion yuan, and the number of domestic participants has reached 2 millionat the end of October, the virtual currency transaction led by bitcoin was suspected of illegal public financing, and some people with bad motives, under the slogan of high-tech and high return, put on the coat of ICO to make money. It has been called off, but many investors have also suffered huge losses
ICO definitely has formal channels, but informal channels account for the majority, so it is not safe enough. Compared with ICO, a virtual currency, foreign exchange trading investment is more reliable. Today, the stock market is bleak, real estate purchase restrictions, Internet finance has begun to rise, foreign exchange trading has been able to achieve effective 24-hour online trading through the trading platform, and has become a safe and convenient investment channel
for investors, foreign exchange investment is not only safe, but also has low investment threshold and many profit opportunities. Just like Juhui ggfx, the most popular foreign exchange trading platform at present, it can invest at least US $8 every 24 hours. As long as the MT4 trading software is downloaded, both computers and mobile phones can realize rapid investment. The market is changeable in the global market, accompanied by more profit opportunities, fairness and justice
China's market is legal in the absence of a clear stipulation that it is illegal. Virtual currency is divided into: non encrypted currency (enterprise currency, also known as capital disk) and digital cryptocurrency
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