FSC virtual currency

2. Flint coin, referred to as FSC, is a P2P form of digital currency, a decentralized payment system. Blockchain and digital currency bitflyer exchange, after several years, launched a unified circulation of digital encryption assets. The future is still good. We should start as soon as possible.

3. Flint coin, referred to as FSC, is a P2P form of digital currency, which is made by bitflyer exchange.

4. Maybe you have multiple currencies. If you use US dollars, the amount in the original currency is the amount in US dollars relative to your standard currency

5. Fushan commemorative coin (FSC) is a digital commemorative coin jointly developed by public welfare enthusiasts and blockchain enthusiasts. Its issuing concept is to create a brand-new digital value chain integrating public welfare and application. It uses the characteristics of blockchain to generate value for public welfare activities and create a new set of quantifiable value system for public welfare activities, Promote the public to actively participate in public welfare and charity. Based on the improved algorithm of adaptive N-Factor in script for pow mining, its unique algorithm can effectively prevent ASIC special miner, so as to let more people participate in mining and achieve better decentralization. At the same time, it can effectively avoid 51% attacks. If you register on the platform, you can give a free registered cloud miner and donate money to regular institutions (such as red cross, Tencent commonweal, shuidi chips, etc.) and submit a screenshot of donation record, you can get a free commonweal miner. The platform has no payment interface. The significance of FSC issuance is to record the value of commonweal. FSC issuers and bookkeeping platform operators do not encourage any trading speculation, It can proce 8400w pieces. In order to create a harmonious, orderly and stable charity environment, the platform will open the algorithm when the total number of cloud mining machines reaches 2 million, so that users can build their own mining machines and accounting books.

6.

The rise of any innovation and new technology must comply with the formal and legal rules and regulations. Bitcoin is a great innovative technology. The development of bitcoin abroad is inclusive and has a clear regulatory mechanism. In the United States, bitcoin has gained legal status in California and other states. The New York Financial Services Department (DFS) has issued a proposal on norms, rules and regulations for enterprises to purchase and sell virtual currency. In 2016, the financial services agency of Japan (FSA) officially recognized the currency status of bitcoin and digital currency, and Russia, India and Australia recently recognized the legalization of bitcoin

According to international sources, South Korea is preparing a set of new laws to regulate and legalize digital assets such as bitcoin and Ethereum

Park Yong Jin, a member and legislator of the ruling common Democratic Party, is drafting three amendments this month to establish a regulatory framework for digital currencies, according to a report published by the Korean Herald yesterday. The report points out that one of the bills will be aimed at amending the existing electronic financial transactions act to grant regulatory approval for cryptocurrency transactions. In fact, this will mean that traders, even companies engaged in cryptocurrency trading, will be subject to the supervision of the South Korean government. Other amendments to this law involve income and company tax laws, the functions of financial institutions have been strengthened, and tax evasion in digital currency transactions has been stopped
South Korea has always been one of the largest bitcoin trading markets in the world. According to the data, the daily trading volume of bitcoin in the South Korean market accounts for nearly 8.5% of the world. Compared with the dollar based market, the price difference between the two is less than $150. As CCN reported in the second half of 2016, the National Financial Services Commission (FSC), the leading financial regulator, set up a digital currency working group with the aim of formulating regulations for the digital currency instry this year

the market price of bitcoin is affected by many factors, especially the relevant policies of governments. Since the beginning of this year, bitcoin's position in the world has become more and more clear, and its price has also increased by leaps and bounds. According to the bitcoin price of okcoin, a well-known digital asset trading platform in China, the highest price in June was $3000. Although bitcoin has plunged in the past two weeks, the price of bitcoin has started to rise in the past two days. On July 3, bitcoin opened at 17150.00 and closed up 6.51% with an amplitude of 8.24%. Bitcoin opened at 18266.81 today, flat open

as for the future trend of bitcoin, investment analysts at Goldman Sachs said that bitcoin is in the fourth wave of low starting from the end of 2010 and the beginning of 2011, and will eventually go higher and usher in the fifth wave. From the current level, if it is equal to the length of the first wave, the minimum target of bitcoin is $3212, and it may be extended to $3915, which is 1.68 times the length of the first wave. It may be only a matter of time before that level is reached

compared with gold and stock, the market value of bitcoin is very small, but the underlying application technology blockchain of bitcoin has attracted a lot of attention. Due to the official recognition of blockchain technology, markets around the world are studying the feasibility of blockchain technology and digital currency, and the people's Bank of China is also openly recruiting relevant talents and practicing digital currency. In this context, I believe that countries will treat the bitcoin instry with a more tolerant attitude

7. It is suggested not to change it. RMB appreciation is in progress~~~

8. The necessity of legislation

China suppresses the value of its own currency (RMB), so that the price of China's export procts is cheaper than when it allows the currency to be determined by the market. China's monetary policy has hindered the growth of American economy and employment. Nobel laureate economist Paul Krugman estimates that China's monetary policy has reced US GDP by 1.4% a year. According to Fred bergstein of the Peterson Institute, allowing the yuan to rise to its real value will make U.S. manufacturing more competitive and add about 5 million manufacturing jobs in the U.S. mainland

generally speaking, according to the anti subsidy law of the United States, if it is indicated that the imported procts benefit from the export subsidies of foreign governments or cause damage threat to the instries procing the same or similar procts in the United States, the relief tariff can be imposed on these imported procts. However, the U.S. Department of commerce still refuses to investigate foreign governments' monetary measures as subsidies that can levy countervailing ties<

the key element of the revised fair trade currency reform act is that it overturns the long-term practice of the US Department of Commerce and is more stringent than the provisions of the US domestic law and WTO rules. Specifically, in the past, when subsidies were not limited to exports (for example, non exporters might make profits), the Ministry of Commerce would refuse to recognize them as export subsidies. The revised fair trade currency reform act requires the Ministry of commerce not to adopt such a clear line rule, but to consider all factors when deciding "export sustainability"

the revised fair trade currency reform act provides important guidance for the Ministry of Commerce on how to determine the existence of "interests" in the case of government intervention leading to undervalued currency. Specifically, the Ministry of commerce should assess the "benefits" according to the extra currency gained by exporters e to undervaluation, and use the generally accepted method of the International Monetary Fund (IMF) to determine the level of undervaluation

however, in all cases, the revised bill retains the following powers and responsibilities of the Ministry of Commerce, that is, to consider the actual situation of the case and make decisions according to whether it meets the legal elements necessary for export subsidies<

the WTO compliance of the revised fair trade currency reform act
the revised fair trade currency reform act is in line with the WTO rules, because the countervailing ty can be levied only after the Ministry of commerce makes a ruling based on all facts, which is in line with the WTO judgment standard for export subsidies. For example, only if: (1) foreign government's intervention in the money market constitutes "financial assistance" 2) An "interest" is therefore granted; And (3) the subsidy "depends on export"

the key element of the revised bill is consistent with the precedent of WTO, that is, the Ministry of commerce can not dismiss the prosecution based on the single fact that a subsidy also applies to circumstances other than exports. A related case is the case of the U.S. Forest Management Commission (U.S. - FSC), which clearly states that a subsidy may still have "export performance as a condition", even if the subsidy may not involve exports in some cases

it is important that the revised bill does not legally "consider" that a ruling that the base currency is undervalued meets the requirement of "taking export performance as a condition", which has been stipulated in the original bill. Due to the cancellation of this provision and other amendments, the revised bill avoids the loopholes that may be inconsistent with the WTO caused by the previous versions of the bill.