Is speculation in virtual currency legal

1. There are two reasons for the prohibition of virtual currency trading by the state:
1. The price fluctuates violently and the consumer protection is lacking:
virtual currency is the proct of network, and the digital information flowing in the network is beyond the control of all people. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code<
2. Avoiding supervision and becoming the "accomplice" of criminal activities
virtual currency transaction is not protected by law:
virtual currency transaction is not illegal, and it is not illegal to invest in virtual currency. But how to get involved in virtual currency transactions is illegal and illegal. It may be suspected of illegal fund-raising.

2. For example, bitcoin
the people's Bank of China issued the notice on preventing bitcoin risks on the afternoon of December 5, in which the people's Bank of China said that bitcoin is not a currency, but a virtual commodity. In addition, financial institutions and Payment institutions are not allowed to carry out business related to bitcoin
in order to avoid over hype of virtual commodities such as bitcoin in the name of "virtual currency" and damage the public interest and the legal tender status of RMB, the notice requires financial institutions and Payment institutions to correctly use the concept of currency in their daily work, pay attention to strengthening the ecation of public currency knowledge, and correctly understand currency, treat virtual commodities and virtual currency, and promote the development of virtual currency The concept of rational investment, reasonable control of investment risk, and maintaining the safety of their own property are included in the content of financial knowledge popularization activities, so as to guide the public to establish a correct monetary concept and investment concept
virtual commodities are willing to fight each other, and it is not legal to say that they are happy with each other
game equipment is different. If you want to buy it, it's worth it.

3. It is not illegal for e-commerce companies to do virtual currency exchange, and it is not illegal to invest in virtual currency. But how to get involved in virtual currency transactions is illegal and illegal. It may be suspected of illegal fund-raising
moreover, these so-called virtual currencies are basically empty handed projects with white wolves, and the application scenarios of their publicity are also non-existent and unreliable. These currencies are different from the mainstream digital currencies such as Ruitai, bitcoin and Leyte.

4. It can't be said that it's against the law. You can go to the bank to find out if the bank has fried foreign exchange procts and procts that the bank can invest in. Why is it against the law

the country is slowly opening up, and now it can trade RMB against euro and pound procts. RMB procts are tradable

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5. It's not legal in China. Many currency speculation platforms have gone abroad. The risk is the fluctuation of currency and whether the platform will run away. Apart from Venezuela's petrodollars, there is no state action

6.

At present, the general operation methods are: to obtain potential investors through pyramid selling fission, to attract potential investors into the underground group by means of pulling people to send money and signing in to send money, to cultivate new "leeks" step by step, to grasp the psychology of investors who want to make money, and to give a clear time when the currency value will rise

ince investors to buy a large number of virtual coins released by themselves through the currency speculation platform, so as to make profits. Virtual currency is the necessity of social development, but the current virtual currency has great instability. It is because of the current instability that so many people speculate. Only instability will be accompanied by big risks and big profits. Everyone has a gambler's heart

only to see who laughs last, the last order takers are probably the retail investors who speculate in money