Japan's digital virtual currency
virtual currency is the currency used for electronic circulation. Now the scope of virtual currency is very large, including q-coin, bitcoin and so on. With the development of digital currency, virtual currency is becoming more and more abundant, which may become the mainstream in the future. For example, BTC, EOS, bcbot and so on are not only virtual currencies, but also algorithms, landing projects and technologies
virtual currency is mainly issued by online game service providers to purchase game props, such as equipment, clothing, etc. But at present, the use of virtual currency has gone far beyond this category. Virtual currency can be used to buy game cards, physical objects and download services of some movies and software
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real risk
as the proct of e-commerce, virtual currency has begun to play an increasingly important role, and it is more and more connected with the real world. However, with the growth of virtual currency, the relevant laws and regulations are lagging behind, which has laid many hidden dangers
fraud
the private transaction of online virtual currency has realized the two-way circulation between virtual currency and RMB to a certain extent. The activity of these traders is to buy all kinds of virtual currencies and procts at a low price, and then sell them at a high price to earn profits. With the increase of such transactions, there are even virtual mints. In addition to the virtual currency provided by the main company, there are also some people who specialize in "virtual coin making" to obtain virtual currency by playing games and then resell it to other players
Taking Wenzhou as an example, there are about seven or eight such "virtual mints" with four or five hundred practitioners. This not only creates a bubble for the price of the virtual currency itself, but also causes trouble for the normal sale of the issuing company. It also provides a platform for selling and collecting money and money laundering for various cyber crimes. p>
impact system
in modern financial system, the issuers of money are generally central banks, which are responsible for the management and supervision of money operation. As the equivalent exchange goods used to replace the real currency circulation on the Internet, the virtual currency on the Internet is essentially the same as the real currency. The difference is that the issuers are no longer central banks, but Internet companies
if the development of virtual currency makes it form a unified market, each company can exchange with each other, or virtual currency is integrated and unified, and all of them are based on the same standard and price, then in a sense, virtual currency is currency, which is likely to form a threat impact on the traditional financial system or economic operation
reference: network virtual currency
1. Trading volume. Bitwise and Bti reports show that most of the trading volume of the head exchanges is water injection or "washing volume". Domestic exchanges are more serious, and even some exchanges have washing volume as high as 90%. Specifically, I don't guide public opinion and have no interests. You can search by yourself according to the above keywords. There are a lot of news< 2. Advertising strategy of ranking platform. At first glance, you may feel fair and beautiful, but where you don't easily pay attention, the operation of these platforms is very sneaky. For example, if you look at the second page of some ranking platforms (because you only pay attention to the first page, and the second page will not turn), all kinds of ghosts and ghosts are on it, and the weak trading volume is also on it. It's a shop bully. So we still have to clean our eyes
how to choose? Move back the priority of trading volume in your mind, and see what negative comments the exchange has, what controversial currencies are on it, and what functions you want to try. Just sort them out by yourself.
Japan is also the first country in the world to legislate on virtual currency. Just in April last year, Japan's "change of capital payment law" was formally established. Virtual currency is defined as having the function of currency and can be used for monetary payment. Moreover, some time ago, the tycoons of the domestic currency circle also went to Japan one after another to learn from Japan
Finally, the popularity of virtual currency in Japan is also the intentional guidance of the Japanese government. The emergence of virtual currency gives the Japanese government a new "future". The Japanese government hopes to establish a monetary system independent of the U.S. regulation through virtual currency, so as to revive its so-called great power statushowever, we should also see that Japan's too loose virtual monetary environment has also led to many negative problems. For example, the frequent theft of virtual currency makes the Japanese government have to intervene in the asset security of the virtual currency market. As a result, Japan has strengthened the supervision of virtual currency, and the virtual currency market has become a bit quiet - exchanges such as hotcoin and BIGone have even given up Japanese language services
the FSA said that it would put Japan's digital currency exchange under a comprehensive regulatory framework, including monitoring the internal system of the exchange, checking the customer asset protection mechanism, and possible on-site inspection. At the same time, the FSA requires digital currency exchanges including bitcoin to implement a more stringent KYC policy than at present. Exchanges must begin to verify the identity of account users, keep transaction records, and report suspicious transactions to regulators
the conditions for the registration and establishment of Japanese digital currency dealers:
the establishment of a Japanese corporate company
leasing Japanese office
three Japanese employees are employed, one of whom is a director of a Japanese company
Japanese companies open bank to company accounts
there is a normal trading system (Japanese version is not required)
provide KYC information (specifically prepare the government information list)
the services include company registration before obtaining the license, assistance in leasing office space, assistance in recruitment of company employees, preparation of audit reports in cooperation with accounting firms, AML and KYC reports, business plans, all compliance documents to be submitted to FSA prepared with Japanese law firms, and answering all questions raised by FSA
in the process of obtaining a digital currency dealer license and in the process of future operation, traders must employ at least three employees, at least one of whom has a digital currency or bitcoin background or financial background
follow up maintenance: first, ensure the normal operation of the Japanese office and the daily work system of employees. Annual financial and audit reports should be submitted to the financial department of Japan every year. The contents of the reports are large, including the transaction details of virtual currency, the number of customers, the number of traders, the handling fees, the amount of customers' funds, etc. After obtaining the license, all the operation related expenses need to be paid by the dealer.
1. Bitcoin
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
2. Litecoin (LTC) is an improved version of digital currency inspired by bitcoin. It was designed and implemented by a programmer who worked in Google. It was released on November 9, 2011. Lightcoin and bitcoin have the same implementation principle in technology, but the creation and transfer of lightcoin is based on an open source encryption protocol, which is not managed by any central organization
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characteristics of bitcoin currency:
1. Decentralization: bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin's security and freedom
2. Global circulation: bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
3. Exclusive ownership: private key is needed to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
4. Low transaction cost: bitcoin can be remitted free of charge, but a transaction fee of about 1 bitfen will be charged for each transaction to ensure faster transaction execution
the listing conditions are lower than that of the New York Stock Exchange, but it has a history of more than 100 years
If a company wants to be listed on the US stock exchange, it needs to meet the following conditions:
(1) at least 500000 shares should be owned by the public on the market
(2) the market value should be at least US $3000000
(3) there should be at least 800 shareholders (each shareholder should own more than 100 shares)
(4) a minimum of $750000 in pre tax income is required for the previous fiscal year.
The symbol of RMB in China is "￥"; Symbol of Japanese currency: "JPY ￥" &# 165; Is the currency symbol of the following two currencies:
1, Japanese yen (JPY), RMB (CNY)
2. ISO 4217, the international organization for standardization, defines the standard code as JPY (Japanese yen). When using "& In case of confusion between RMB and yen, "RMB &" should be used As a symbol of RMB
3. Like RMB, Japanese yen is also expressed in ￥, but the difference is that after the number, the Japanese yen is expressed by adding an e word, such as ￥ 1400E
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1, Japanese yen
(1) Japanese yen (Japanese: 円, Japanese Roman: en, English: yen), whose banknotes are called Japanese bank notes, are legal tender of Japan, and Japanese yen is often used as reserve currency after US dollar and euro
(2) yen is the name of monetary unit in Japan, which was founded on May 1, 1871. In 1897, Japan established the gold standard system, and the gold content was set at 0.75 g. in May 1953, the gold content was announced to be 0.00246853 g. on March 31, 1988, the gold standard system was completely abolished (3) there are four kinds of banknotes in issue, namely, 1000, 2000, 5000 and 10000 yen, and six denominations of coins, namely, 1, 5, 10, 50, 100 and 500 yen2. RMB
(1) RMB (abbreviation: RMB; Currency code: CNY; Currency symbol: & It is the legal tender of the people's Republic of China. Issued by the people's Bank of China, the currency was first issued on December 1, 1948. Until the new version was launched on October 1, 1999, a total of five sets were issued, forming a multi variety and multi series monetary system including banknotes, coins and plastic banknotes, ordinary commemorative coins and precious metal commemorative coins
(2) on November 30, 2015, the International Monetary Fund announced that RMB will be officially included in the IMF's special drawing rights basket, with a weight of 10.92%. The resolution will take effect on October 1, 2016. On January 15, 2018, Germany and France announced that they had included RMB in their foreign exchange reserves. The two major economies in the euro area cast a vote of confidence in RMB, which shows that RMB's position in settlement and reserve on the international stage has further risen
The symbol of RMB is the same as that of Japanese currency, there is no difference between them; ￥"
yen; Source: at the end of the shogunate period, the English and American people called him yen instead of the Japanese Roman character en. In order to cater to the habit of two lines of the dollar, we put two horizontal lines on the initial y
RMB; Source: the symbol of RMB is the Pinyin Yu of "Yuan" á The first letter of n is y, with two horizontal lines
"Bi" refers to the common word "Yuan" in the book of traveling to Japan, Volume 20, Japanese literature, Japanese characters in the appendix of Japanese table, written by Fu Yunlong in the late Qing Dynasty. In addition, in the middle period of Edo era (1766), Japanese taizai Chun cited the common word "Yuan Yuan Yuan" + "in the form of
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< P > in 1935, the Kuomintang government reformed the currency system and forced to determine the currency in circulation, namely" legal currency " At first, the French currency only kept a certain price comparison with the British pound. Later, with the increasing role of the US dollar in the international market, the French currency was linked with the US dollartherefore, the symbol of legal currency is written as "$" by borrowing the symbol of US dollar
On December 1, 1948, the people's Bank of China was established and issued the first set of RMB in New China. However, in the early days of liberation, people used to use "$" as the head symbol when writing Arabic numerals It was not until March 1, 1955 that the people's Bank of China issued the second set of RMB that the symbol of RMB was formally determinedbecause the unit of RMB is "Yuan", and the Chinese spelling of "Yuan" is "Yuan", the symbol of RMB adopts the first letter "Y" in the Chinese spelling of "Yuan"
in order to distinguish the misidentification and miswriting between "Y" and Arabic numerals, the word "Y" is written with two horizontal lines, and its pronunciation is still "Yuan"
since then, people began to use the "￥" symbol to express RMB, and use it as the head symbol when writing digital amount, such as "100" or "RMB 100" for RMB 100