Virtual currency law of Japan
On June 28, 2009, the Ministry of culture and the Ministry of Commerce jointly issued the "notice on strengthening the management of virtual currency in online games", which made it clear that virtual currency is expressed in the form of prepaid recharge card, prepaid amount or points of online games, but does not include game props obtained in game activities; Virtual currency shall not be used to pay for, purchase physical procts or exchange for any procts and services of other enterprises< The following is the full text of the Circular of the Ministry of culture and the Ministry of Commerce:
the Circular of the Ministry of culture and the Ministry of Commerce on strengthening the management of virtual currency in online games
the cultural departments (bureaus) and commercial departments (bureaus) of all provinces, autonomous regions and municipalities directly under the central government, the Cultural Bureau and commercial bureau of Xinjiang proction and Construction Corps, Beijing, Tianjin, Shanghai and Chongqing Ningxia Hui Autonomous Region Cultural market administrative law enforcement corps:
with the rapid development of online games, online game virtual currency is widely used in online game business services. The virtual currency of online games not only promotes the development of online game instry, but also brings new economic and social problems. Mainly reflected in: first, the lack of protection of user rights and interests; Second, market behavior lacks supervision; Third, the online game virtual currency in the use of disputes
in order to standardize the operation order of online game market, according to the spirit of Interim Provisions on Internet culture management, notice on Further Strengthening the management of Internet cafes and online games (Wen Shi Fa [2007] No. 10) and notice on standardizing the operation order of online games and banning the use of online game gambling (Gong Tong Zi [2007] No. 3), etc, With the consent of the people's Bank of China and other departments, the notice on strengthening the management of virtual currency of online games is as follows
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
in this bill, the Legislative Council defines bitcoin as an asset rather than a currency. People can use it as a way of payment for transactions
relevant units have also put forward requirements that service providers or exchanges operating in bitcoin must register with the Prime Minister of Japan, and the capital scale must not be less than 10 million yen. They must have information technology systems that can prevent theft and loss, and must establish a variety of systems and processes, involving training, internal regulations, governance, outsourcing guidance, etc
the amendment bill also amends the prevention of the transfer of proceeds of crime act. Regulators have asked bitcoin to implement a more stringent "know your customer" process than it currently does. The exchange must verify the identity of the account opening user, keep the transaction records, and report the suspicious transaction records to the regulatory authorities.
As the founder of Tesla, musk has great influence. With his driving, bitcoin market will surely usher in a big wave of growth recently, not only musk changed his account profile to bitcoin, but also the founder of reddit changed his profile to bitcoin. Their common feature is that bitcoin is highly respected. Last year, musk wrote on the social platform that he had had in-depth communication with seller, the promoter of digital currency, and was exploring the possibility of converting Tesla's debt into bitcoin. The other side said that if Tesla converts all its debt into bitcoin, it will definitely be a great help to shareholders
As we all know, RMB is the legal currency of our country. Therefore, no matter Chinese people or people from any other country, as long as they consume in China, they need to use RMB for payment transactions according to regulations. Therefore, for people from any other country who want to travel, study or work in China, they must first convert their foreign currency into RMB according to the international currency exchange rate, so that they can consume in China. The topic we are going to discuss today is related to RMB. Japanese currency is called "yen". What is the name of RMB abroad? There are actually two ways of expression
Nowadays, the influence of RMB in the international market is increasing. The main reason is e to the continuous improvement of the country's comprehensive national strength. If our country is still a small country with average strength in all aspects, we believe that RMB will not have any influence in the international market. Today, I'll show you how foreigners call RMB, which can be regarded as popularizing the international common sense of RMB. I hope that in the future, in addition to recognizing RMB at a glance, we will not make a joke when we see CNY