What is the currency of virtual currency
BTC CNY LTC means RMB transaction between bitcoin and Leyte, which supports the free exchange among bitcoin, Leyte and RMB.
don't touch CNY. It's too risky. It's almost as unreliable as China's stock market. In addition, China's economic transformation and the stock market are not standardized. To tell you the truth, the stock market is currently an institution or some jobless people. I suggest you stay away from the stock market. I emphasize that China's stock market is e to the transformation of the national economy, It is likely to fall down 1500 points. Keep away from stocks and dangers!
CNY is the legal tender of the people's Republic of China and the standard currency symbol of RMB in the world monetary system, which is simplified from (Chinese yuan)
the unit of RMB is yuan, and the subsidiary units of RMB are Jiao and Fen. One yuan is ten Jiao, and one Jiao is ten Fen. The first letter of the alphabet of RMB is capital Y with two horizontal lines, that is "&#"
on January 20, 2016, the people's Bank of China disclosed at a meeting held here that it will strive to launch the digital currency issued by the central bank as soon as possible. The meeting held that under the current new normal of China's economy, it has positive practical significance and far-reaching historical significance to explore the digital currency issued by the central bank
extended information:
issuance history
RMB is issued by the people's Bank of China. Except for 1, 2 and 5 coins, the first set of RMB, the second set of RMB and the third set of RMB have been withdrawn from circulation, and the fourth set of RMB has been withdrawn from circulation since May 1, 2018
RMB circulating in the market is the fifth set of RMB; Banknotes in circulation are: 1 jiao, 5 jiao, 1 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan and 100 yuan; There are 1 yuan, 5 cents, 1 jiao, 5 fen, 2 fen and 1 Fen in coins
among the five sets of RMB displayed in the China Coin Museum, different from the last four sets, the six characters of "people's Bank of China" and the denominations of Chinese characters on the first set (except the 1953 version of 5000 yuan Weihe bridge design voucher) are arranged from right to left
In 1952, when Chairman Mao reviewed the voting version, he proposed that the row names of RMB should be arranged from left to right, so since 1953, the row of "people's Bank of China" on RMB has been changed from left to rightCNY is RMB, the legal currency of the people's Republic of China is RMB, and the people's Bank of China is the national authority in charge of the management of RMB, which is responsible for the design, printing and issuance of RMB
the unit of RMB is yuan, and the subsidiary units of RMB are Jiao and Fen. One yuan is ten Jiao, and one Jiao is ten Fen. The first letter of the alphabet of RMB is capital Y with two horizontal lines, that is "&#"
extended data
in 2014, the people's Bank of China set up a special team to carry out special research on issues such as digital currency issuance framework, key technologies, issuance and circulation environment and relevant international experience
at the end of 2017, the people's Bank of China organized some commercial banks and relevant institutions to jointly develop the digital RMB system (DC / EP). DC / EP has basically completed the top-level design, standard formulation, function research and development, joint debugging and testing under the premise of adhering to double-layer operation, cash (M0) substitution and controllable anonymity
source of reference: Internet - RMB
CNY is the standard currency symbol of RMB. The Hong Kong dollar is abbreviated as RMB, and the standard currency symbol is HKD; Macao pataca is abbreviated as pat or P, and the standard currency symbol is mop; New Taiwan dollar, abbreviated as (NT $), is the standard currency TWD. However, e to the small influence of Chinese Pinyin in the world, it is not concive for Chinese currency to go to the world and become a freely convertible currency. Therefore, if "RMB" is changed to "Chinese yuan", it can be linked with the currencies of Hong Kong, Macao and Taiwan. The abbreviation of "China dollar" is "CN $", which is in line with the abbreviation of international currency. Its abbreviation is just close to the current standard currency symbol "CNY" of Chinese currency in the international financial market.
CNY refers to RMB
related introction:
CNY (Chinese yuan) is the currency symbol assigned to China by ISO, and its Chinese name is RMB. The abbreviation of RMB is the combination of the initial letters of its Chinese Pinyin, that is, RMB & #;, But its standard currency symbol is CNY
the unit of RMB is yuan, and the subsidiary units of RMB are Jiao and Fen. One yuan is ten Jiao, and one Jiao is ten Fen. The first letter of the Chinese phonetic alphabet for RMB is capital Y with two horizontal lines, that is "&#" The people's Bank of China is the national authority in charge of the management of RMB, which is responsible for the design, printing and issuance of RMB
Background:
when the first set of RMB was just issued, there was no national liberation, so the first set of RMB was still issued in the way of "XX year of the Republic of China", while the later version was only issued in the year of AD
The unified issuance of RMB is a major measure taken to meet the national liberation. It eliminated all kinds of currencies issued by the Kuomintang government, ended decades of inflation under the Kuomintang rule and China's nearly 100 years of history of foreign currency, gold and silver in the market, and promoted the overall victory of the people's liberation war, It played an important role in the early period of economic recoveryaccording to the international organization for standardization, the internationally recognized currency symbol of RMB is CNY, which is the difference made by several Asian countries because the monetary unit is yuan, such as JPY for Japanese yen
source of reference: Internet - RMB
the first two digits of the code are the country code and the last one is the currency symbol
for example, Hong Kong dollar is Hong Kong dollar