GDC virtual currency exchange group
GDC virtual currency is not allowed to be issued by the state. The Chinese government forbids the circulation and issuance of any virtual currency. Any so-called token financing trading platform shall not engage in the exchange business between legal currency and token or virtual currency, or buy or sell token or virtual currency as a central counterpart, or provide pricing, information intermediary and other services for token or virtual currency
for the token financing trading platform with illegal problems, the financial management department will request the competent department of telecommunications to close its website platform and mobile app according to law, request the network information department to remove the mobile app from the app store, and request the instrial and commercial administration department to revoke its business license according to law
extended information:
in the "tips on preventing the risks of bitcoin and other so-called" virtual currencies ", China Internet Finance Association also said that bitcoin and other so-called" virtual currencies "lack a clear value basis and are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal criminal activities
investors participate in speculation through the "virtual currency" trading platform, and face the risk of price fluctuation, security risk, platform technology risk, etc., which need to be borne by investors themselves
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inaction at the age of 40 lays the foundation for failure at the age of 50,
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