What kind of virtual currency is CBT
Not at the moment
virtual CBT is a kind of cryptocurrency, which is proced by blockchain technology. At present, China forbids the trading of cryptocurrency. The cryptocurrency, which has gone up and down sharply, lacks a clear value basis and is difficult to play its role as a measure of value and a means of circulation. Now it is only used as a tool for speculation. In September 2017, China's monetary regulatory authorities required the closure of domestic virtual currency exchanges
extended information:
cryptocurrency (English: cryptocurrency, often used in the plural cryptocurrencies, also translated as cryptocurrency, cryptocurrency) is a kind of trading medium that uses the principles of cryptography to ensure the security of transactions and control the creation of trading units. Cryptocurrency is a kind of digital currency (or virtual currency). Bitcoin became the first decentralised cryptocurrency in 2009, after which the term cryptocurrency mostly refers to such designs. Since then, several similar cryptocurrencies have been created, commonly known as altcoins. Cryptocurrency is based on the consensus mechanism of decentralization, which is opposite to the banking and financial system relying on the centralized regulatory system