How many times a day can virtual currency go up at most
The investment risk of virtual currency is high, and the transaction of virtual currency has been banned in China
strengthen the management of token financing trading platform according to Article 3 of the notice on preventing the financing risk of token issuance. From the date of this announcement, any so-called token financing trading platform shall not engage in the exchange business between legal tender and token and "virtual currency", nor buy or sell token or "virtual currency" as a central counterpart, nor provide pricing, information intermediary and other services for token or "virtual currency"
for the token financing trading platform with illegal problems, the financial management department will request the competent department of telecommunications to close its website platform and mobile app according to law, request the network information department to remove the mobile app from the app store, and request the instrial and commercial administration department to revoke its business license according to law
Article 4 financial institutions and non bank payment institutions shall not carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability. Financial institutions and non bank payment institutions shall report to the relevant departments in a timely manner if they find clues of violation of laws and regulations in token issuance financing transactions
extended materials:
"notice on preventing the financing risk of token issuance" Article 1 accurately understand the essential attribute of token issuance financing activities. Token issuance financing refers to the financing subject raising bitcoin, ether coin and other so-called "virtual currency" from investors through the illegal sale and circulation of token, In essence, it is a kind of unauthorized illegal public financing, which is suspected of illegal sale of token tickets, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid selling and other illegal and criminal activities
Relevant departments will closely monitor relevant developments, strengthen cooperation with judicial departments and local governments, strictly enforce the law in accordance with the current working mechanism, and resolutely deal with market chaos. If suspected crimes are found, they will be transferred to judicial organs. The token or "virtual currency" used in token issuance financing is not issued by the monetary authority, does not have such monetary attributes as legal compensation and compulsion, does not have the same legal status as currency, and cannot and should not be used as currency in the marketwill. There are many unsuccessful currencies in history, such as the Deutschmark in the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were usually e to over inflation that could not happen on bitcoin, there were always potential technical errors, currency competition and political problems. The basic lesson is that no currency can be considered absolutely safe from failure or difficult times. Bitcoin has been proven reliable for several years since its birth, and it has great potential to continue to grow. But no one can predict the future of bitcoin.
of course, when bitcoin went crazy in 2013, other counterfeit currencies also soared by tens of times, hundreds of times or even thousands of times, but now the virtual currency has been in a long period of downturn adjustment
at present, the more well-known virtual currencies are bitcoin, Laite coin, Fuyuan coin, doggy coin, Ruibo coin, etc.
In order to live a better life, so we are trying to make money. Some people work steadfastly and deposit their money in the bank, while others pursue higher profits and choose financial investment projects with higher returns and higher risks. These financial procts not only include common funds and stocks, but also some virtual currencies, such as bitcoin
as a virtual currency, the price of bitcoin has been rising all the time. Some time ago, it rose to 38 million pieces, which makes many people regret that they didn't start a few years ago. Now the price is so high that they dare not enter. After bitcoin, another virtual currency appeared recently. One day, its value soared by 250%, and countless capitals took the opportunity to enter
in addition to these virtual currencies, there are many other financial procts, too, with great risks but considerable benefits. Many people are more willing to use the money to buy wealth management procts than to deposit them in the bank, where they can only get meager interest, but they can get more income from investment. However, we have not considered a problem, that is, what should we do if we lose money? I hope that while making money, we should learn more financial knowledge and avoid following blindly