Virtual currency crowdfunding platform financing cooperation
Publish: 2021-04-21 07:47:31
1. May involve illegal fund-raising and pyramid selling and other related criminal crimes
(1) at present, there is no regulation to regulate the trading platform, but the trading platform should also fulfill the audit obligation. For example, when online trading various network virtual currencies, it should audit whether the currency is a network virtual currency based on blockchain technology
(2) if the trading platform knows that the online trading currency is suspected of MLM, but in order to collect Commission, it also provides trading services for the currency and promotes its development, once the currency is identified as MLM, the trading platform may have to bear certain legal liabilities
(3) at the same time, a large number of customers' funds are stored in the accounts of virtual currency trading institutions. However, all online virtual currency trading institutions are not qualified to absorb public funds, which makes trading institutions face the potential risk of illegal fund-raising
the 2017 version of the guide to the identification of internet pyramid selling (hereinafter referred to as the guide) lists several differences between virtual currency and pyramid selling currency:
(1) from the perspective of issuing mode, virtual currency does not rely on specific monetary institutions, it is a decentralized issuing mode according to specific algorithms; The MLM currency is mainly issued by a certain institution, and the profit is made by pulling the head
(2) from the perspective of transaction mode, virtual currency is a kind of sporadic transaction spontaneously formed by the market. After the scale is formed, the transaction is graally completed by a third party establishing an exchange, while MLM currency is issued by an institution and traded on its own platform
(3) from the perspective of implementation, virtual currency itself is an open source program, while the open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, which is essentially controlled by the website as Q coin.
(1) at present, there is no regulation to regulate the trading platform, but the trading platform should also fulfill the audit obligation. For example, when online trading various network virtual currencies, it should audit whether the currency is a network virtual currency based on blockchain technology
(2) if the trading platform knows that the online trading currency is suspected of MLM, but in order to collect Commission, it also provides trading services for the currency and promotes its development, once the currency is identified as MLM, the trading platform may have to bear certain legal liabilities
(3) at the same time, a large number of customers' funds are stored in the accounts of virtual currency trading institutions. However, all online virtual currency trading institutions are not qualified to absorb public funds, which makes trading institutions face the potential risk of illegal fund-raising
the 2017 version of the guide to the identification of internet pyramid selling (hereinafter referred to as the guide) lists several differences between virtual currency and pyramid selling currency:
(1) from the perspective of issuing mode, virtual currency does not rely on specific monetary institutions, it is a decentralized issuing mode according to specific algorithms; The MLM currency is mainly issued by a certain institution, and the profit is made by pulling the head
(2) from the perspective of transaction mode, virtual currency is a kind of sporadic transaction spontaneously formed by the market. After the scale is formed, the transaction is graally completed by a third party establishing an exchange, while MLM currency is issued by an institution and traded on its own platform
(3) from the perspective of implementation, virtual currency itself is an open source program, while the open source of MLM currency is completely ing other people's open source code, and there is no use of open source code to build programs, which is essentially controlled by the website as Q coin.
2.
1、 Different definitions:
1. Virtual currency:
virtual currency refers to non real currency
digital currency:digital currency is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy
3. Cryptocurrency:
cryptocurrency is a kind of transaction medium that uses cryptography principles to ensure transaction security and control the creation of transaction units
4. Token (token):
a kind of article whose shape and size are similar to currency, but the scope of use is limited and has no currency effect, and its token is the homonym of token in English
Second, the characteristics are different:1; It can also be said that virtual currency is personalized currency. In another way, it can also be called information currency
2. Digital currency:
is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities
Cryptocurrency:cryptocurrency is based on the decentralized consensus mechanism, which is opposite to the banking and financial system relying on the centralized regulatory system
4. Token (token):
usually needs to be exchanged for money, used in shops, playgrounds, mass transportation and other places, as a voucher to use services and exchange goods
extended data
at present, digital currency is more like an investment proct, because it lacks a strong guarantee agency to maintain its price stability, and its role as a value measure has not yet appeared, so it can not be used as a means of payment. As an investment proct, digital currency cannot develop without trading platform, operating company and investment company
digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability
3. No, it's impossible<
Shenzhen Tencent computer system Co., Ltd. was founded in November 1998 by Ma Huateng, Zhang Zhidong, Xu chenye, Chen Yidan and Zeng Liqing. It is one of the largest Internet integrated service providers in China and one of the Internet enterprises with the largest number of service users in China. Tencent's diversified services include: social and communication services QQ and wechat / wechat, social network platform QQ space, Tencent game's QQ game platform, portal Tencent, Tencent News client and online video service Tencent video. On June 16, 2004, Tencent was listed on the main board of the stock exchange of Hong Kong (Stock Code: 00700). Ma Huateng is the chairman and chief executive officer of the board of directors
Morgan coin is a typical MLM coin. Its original name is BBT mint, and its Chinese name and bitcoin are only one word different from bitcoin. It has been exposed as a pyramid scheme by bitcoin home. Its source code is not open, and the founder's information is not transparent. This kind of currency only goes up but does not go down. There is no trading platform, and the market is formed by pulling people's heads. This is different from cryptocurrency represented by bitcoin and Fuyuan.
Shenzhen Tencent computer system Co., Ltd. was founded in November 1998 by Ma Huateng, Zhang Zhidong, Xu chenye, Chen Yidan and Zeng Liqing. It is one of the largest Internet integrated service providers in China and one of the Internet enterprises with the largest number of service users in China. Tencent's diversified services include: social and communication services QQ and wechat / wechat, social network platform QQ space, Tencent game's QQ game platform, portal Tencent, Tencent News client and online video service Tencent video. On June 16, 2004, Tencent was listed on the main board of the stock exchange of Hong Kong (Stock Code: 00700). Ma Huateng is the chairman and chief executive officer of the board of directors
Morgan coin is a typical MLM coin. Its original name is BBT mint, and its Chinese name and bitcoin are only one word different from bitcoin. It has been exposed as a pyramid scheme by bitcoin home. Its source code is not open, and the founder's information is not transparent. This kind of currency only goes up but does not go down. There is no trading platform, and the market is formed by pulling people's heads. This is different from cryptocurrency represented by bitcoin and Fuyuan.
4. First of all, we should be careful to keep a clear mind, and then we should pay attention to all kinds of problems all the time. However, the most important thing is that the platform must be highly transparent, and formal platform is better than anything
5. Good virtual currency doesn't need crowdfunding. Be careful of risk
6. No one can go, of course
if you log in at home, the network will be restricted
the problem is that it is difficult to realize.
if you log in at home, the network will be restricted
the problem is that it is difficult to realize.
7. No, virtual currency transaction is allowed in many countries,
as long as it does not violate the local laws, there is no legal risk.
as long as it does not violate the local laws, there is no legal risk.
8. It is not recommended to choose most platforms, which are informal
9. The guiding opinions on promoting the healthy development of Internet Finance
in order to encourage financial innovation, promote the healthy development of Internet finance, clarify regulatory responsibilities and regulate market order, with the consent of the Party Central Committee and the State Council, the people's Bank of China, the Ministry of instry and information technology, the Ministry of public security, the Ministry of finance, the State Administration for Instry and commerce, the Legislative Affairs Office of the State Council, the Recently, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission and state Internet Information Office jointly issued the guidance on promoting the healthy development of Internet Finance (YF [2015] No. 221, hereinafter referred to as the guidance)
in accordance with the general requirements of "encouraging innovation, preventing risks, pursuing advantages and avoiding disadvantages, and healthy development", the guiding opinions put forward a series of policies and measures to encourage innovation and support the steady development of Internet finance, actively encourage the innovation of Internet Financial platforms, procts and services, encourage the mutual cooperation of practitioners, and broaden the financing channels of practitioners, We will continue to streamline administration and delegate power, implement and improve fiscal and taxation policies, and promote the construction of credit infrastructure and supporting service system
in accordance with the principle of "supervision according to law, moderate supervision, classified supervision, collaborative supervision and innovative supervision", the guidance has established the division of regulatory responsibilities for Internet payment, online lending, equity crowdfunding, Internet fund sales, Internet insurance, Internet trust and Internet consumer finance, and implemented the regulatory responsibilities, Clear business boundaries
the guidance adheres to the market-oriented development of Internet finance, follows the overall goal of serving the real economy, obeying macro-control and maintaining financial stability, effectively protects the legitimate rights and interests of consumers, maintains the market order of fair competition, manages the Internet instry, establishes a third-party deposit system for customer funds, information disclosure, and other aspects The system of risk warning and qualified investors, the protection of consumers' rights and interests, network and information security, anti money laundering and prevention of financial crimes, strengthening the self-discipline of Internet financial instry, regulatory coordination and data statistical monitoring and other aspects put forward specific requirements
in the next step, all relevant departments will conscientiously implement the requirements of the guidance according to the division of responsibilities of the guidance; Internet financial instry practitioners should carry out various business activities in accordance with the relevant provisions of the guidance End)
in recent years, Internet technology and information communication technology have made continuous breakthroughs to promote the rapid integration of Internet and finance, It promotes financial innovation and improves the efficiency of financial resource allocation, but there are also some problems and risks. In order to fully implement the spirit of the 18th National Congress of the Communist Party of China and the second, third and fourth plenary sessions of the 18th Central Committee of the Communist Party of China, in accordance with the decision-making and deployment of the Party Central Committee and the State Council, follow the general requirements of "encouraging innovation, preventing risks, seeking advantages and avoiding disadvantages, and healthy development", and proceed from the overall situation of healthy development of the financial instry, further promote financial reform and innovation and opening up, and promote the healthy development of Internet finance, With the consent of the Party Central Committee and the State Council, the following opinions are put forward<
first, encourage innovation and support the steady development of Internet Finance
Internet finance is a new financial business model in which traditional financial institutions and Internet enterprises (hereinafter referred to as practitioners) use Internet technology and information communication technology to realize financing, payment, investment and information intermediary services. The deep integration of Internet and finance is the general trend, which will have a more profound impact on investment mode, business, organization and service. Internet finance plays a positive role in promoting the development of small and micro enterprises and expanding employment, which is irreplaceable by existing financial institutions, and opens the door for public entrepreneurship and innovation. Promoting the healthy development of Internet finance is concive to improving the quality and efficiency of investment services, deepening financial reform, promoting financial innovation and development, expanding the opening of the financial instry to the outside world and building a multi-level financial system. As a new thing, Internet finance needs not only market driven, encouraging innovation, but also policy support to promote development
(1) actively encourage the innovation of Internet Financial platforms, procts and services to stimulate market vitality. Financial institutions such as banks, securities, insurance, funds, trusts and consumer finance are encouraged to rely on Internet technology to realize the transformation and upgrading of traditional financial businesses and services, and actively develop new procts and services based on Internet technology. We will support qualified financial institutions to build innovative Internet platforms and carry out online banking, online securities, online insurance, online fund sales and online consumer finance. We will support Internet enterprises to establish Internet Payment institutions, online lending platforms, equity crowdfunding financing platforms and online investment proct sales platforms in accordance with the law, and establish a multi-level investment service system serving the real economy, so as to better meet the investment and financing needs of small, medium and micro enterprises and indivials, and further expand the breadth and depth of Inclusive Finance. E-commerce enterprises are encouraged to build and improve their own online investment service system in line with financial laws and regulations, so as to effectively expand e-commerce supply chain business. Encourage the practitioners to actively carry out proct, service, technology and management innovation, and enhance the core competitiveness of the practitioners< (2) encourage the cooperation among the enterprises to realize the complementary advantages. Support all kinds of financial institutions to cooperate with Internet enterprises, and establish a good internet financial ecological environment and instrial chain. Financial institutions in the banking instry are encouraged to carry out business innovation and provide supporting services such as fund custody, payment and clearing for third-party payment institutions and online loan platforms. Support small and micro investment service institutions to carry out business cooperation with Internet enterprises to realize business model innovation. Support the cooperation between securities, funds, trusts, consumer finance and futures institutions and Internet enterprises, broaden the sales channels of investment procts and innovate the wealth management mode. Insurance companies are encouraged to cooperate with Internet enterprises to enhance the risk resistance ability of Internet financial enterprises< (3) broaden the financing channels of the practitioners and improve the financing environment. We will support social capital to initiate the establishment of Internet financial instry investment funds, and promote in-depth cooperation among practitioners, venture capital institutions, and instrial investment funds. High quality qualified institutions are encouraged to be listed on the main board, growth enterprise market and other domestic capital markets for financing. Banking financial institutions are encouraged to support the start-up institutions in accordance with various financial policies to support the development of small and micro enterprises. According to the characteristics of Internet enterprises, innovative investment models and services< (4) we should adhere to the principle of streamlining administration and delegating powers, and provide high-quality services. All financial regulatory departments should actively support financial institutions to carry out Internet financial business. In accordance with the laws and regulations, implement efficient management for qualified Internet enterprises to carry out relevant financial business. The administrative departments for Instry and commerce should support Internet enterprises to register for Instry and Commerce in accordance with the law. The competent department of telecommunications and the national Internet information management department should actively support the Internet financial business. The competent department of telecommunications supervises the telecommunication business involved in the Internet financial business, and the national Internet information management department is responsible for supervising the financial information service, Internet information content and other businesses. We should actively carry out legislative research in the field of Internet finance, timely issue relevant management regulations, and create a good institutional environment concive to the development of Internet finance. We will strengthen the protection of intellectual property rights, such as patents and trademarks, of employees. Encourage provincial governments to increase policy support for Internet finance. Support the establishment of specialized Internet finance research institutions, encourage the construction of Internet finance information exchange platform, and actively carry out Internet finance research< (5) implement and improve relevant fiscal and taxation policies. According to the principle of tax equity, the small-scale and start-up enterprises that meet the current tax policy conditions for small and medium-sized enterprises, especially small and micro enterprises, can enjoy preferential tax policies according to the regulations. Combined with the reform of replacing business tax with value-added tax in the financial instry, the tax policy of Internet finance should be improved as a whole. Implement the policy of pre tax addition and dection of new technology and new proct R & D expenses of the practitioners< (6) promote the construction of credit infrastructure and cultivate Internet financial supporting service system. Support the infrastructure construction of big data storage, network and information security maintenance and other technical fields. It is necessary to encourage institutions to establish credit information sharing platforms in accordance with the law. We will promote qualified relevant institutions to access the basic database of financial credit information. It is allowed for qualified institutions to apply for credit business license according to law. Support qualified credit intermediary organizations to carry out credit rating of Internet enterprises, and enhance the transparency of market information. Encourage accounting, auditing, legal, consulting and other intermediary service institutions to provide relevant professional services for Internet enterprises< Secondly, we should make clear the regulatory responsibility of Internet Finance according to the classification guidance. Strengthening the supervision of Internet finance is the internal requirement to promote the healthy development of Internet finance. At the same time, Internet finance is a new thing and new form of business. We should formulate moderately loose regulatory policies to leave room and space for Internet finance innovation. We should encourage innovation and strengthen supervision to support each other, promote the healthy development of Internet Finance and better serve the real economy. Internet financial supervision should follow the principles of "legal supervision, moderate supervision, classified supervision, collaborative supervision and innovative supervision", scientifically and reasonably define the business boundary and access conditions of various formats, implement the regulatory responsibility, clarify the risk bottom line, protect the legal operation, and resolutely crack down on illegal and illegal behaviors< (7) Internet payment. Internet payment refers to the service of sending payment instructions and transferring monetary funds through computers, mobile phones and other devices relying on the Internet. Internet payment should always adhere to the purpose of serving the development of e-commerce and providing small, fast and convenient small and micro payment services for the society. Banking financial institutions and third-party payment institutions engaged in Internet payment should abide by the existing laws, regulations and regulatory provisions. If the third-party payment institution cooperates with other institutions, it should clearly define the rights and obligations of each party, and establish an effective risk isolation mechanism and customer rights and interests protection mechanism. It is necessary to fully disclose service information to customers, clearly indicate business risks, and not exaggerate the nature and function of payment service intermediary. Internet payment business is supervised by the people's Bank of China< (8) online lending. Network lending includes indivial network lending (P2P network lending) and network small loan. Indivial online lending refers to the direct lending between indivials through the Internet platform. Direct lending on indivial online lending platform belongs to the category of private lending, which is regulated by contract law, general principles of civil law and other laws and regulations as well as relevant judicial interpretations of the Supreme People's court. Indivial online lending should adhere to the platform function, and provide information interaction, matching, credit evaluation and other intermediary services for investors and financiers. Indivial network lending institutions should be clear about information intermediary
in order to encourage financial innovation, promote the healthy development of Internet finance, clarify regulatory responsibilities and regulate market order, with the consent of the Party Central Committee and the State Council, the people's Bank of China, the Ministry of instry and information technology, the Ministry of public security, the Ministry of finance, the State Administration for Instry and commerce, the Legislative Affairs Office of the State Council, the Recently, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission and state Internet Information Office jointly issued the guidance on promoting the healthy development of Internet Finance (YF [2015] No. 221, hereinafter referred to as the guidance)
in accordance with the general requirements of "encouraging innovation, preventing risks, pursuing advantages and avoiding disadvantages, and healthy development", the guiding opinions put forward a series of policies and measures to encourage innovation and support the steady development of Internet finance, actively encourage the innovation of Internet Financial platforms, procts and services, encourage the mutual cooperation of practitioners, and broaden the financing channels of practitioners, We will continue to streamline administration and delegate power, implement and improve fiscal and taxation policies, and promote the construction of credit infrastructure and supporting service system
in accordance with the principle of "supervision according to law, moderate supervision, classified supervision, collaborative supervision and innovative supervision", the guidance has established the division of regulatory responsibilities for Internet payment, online lending, equity crowdfunding, Internet fund sales, Internet insurance, Internet trust and Internet consumer finance, and implemented the regulatory responsibilities, Clear business boundaries
the guidance adheres to the market-oriented development of Internet finance, follows the overall goal of serving the real economy, obeying macro-control and maintaining financial stability, effectively protects the legitimate rights and interests of consumers, maintains the market order of fair competition, manages the Internet instry, establishes a third-party deposit system for customer funds, information disclosure, and other aspects The system of risk warning and qualified investors, the protection of consumers' rights and interests, network and information security, anti money laundering and prevention of financial crimes, strengthening the self-discipline of Internet financial instry, regulatory coordination and data statistical monitoring and other aspects put forward specific requirements
in the next step, all relevant departments will conscientiously implement the requirements of the guidance according to the division of responsibilities of the guidance; Internet financial instry practitioners should carry out various business activities in accordance with the relevant provisions of the guidance End)
in recent years, Internet technology and information communication technology have made continuous breakthroughs to promote the rapid integration of Internet and finance, It promotes financial innovation and improves the efficiency of financial resource allocation, but there are also some problems and risks. In order to fully implement the spirit of the 18th National Congress of the Communist Party of China and the second, third and fourth plenary sessions of the 18th Central Committee of the Communist Party of China, in accordance with the decision-making and deployment of the Party Central Committee and the State Council, follow the general requirements of "encouraging innovation, preventing risks, seeking advantages and avoiding disadvantages, and healthy development", and proceed from the overall situation of healthy development of the financial instry, further promote financial reform and innovation and opening up, and promote the healthy development of Internet finance, With the consent of the Party Central Committee and the State Council, the following opinions are put forward<
first, encourage innovation and support the steady development of Internet Finance
Internet finance is a new financial business model in which traditional financial institutions and Internet enterprises (hereinafter referred to as practitioners) use Internet technology and information communication technology to realize financing, payment, investment and information intermediary services. The deep integration of Internet and finance is the general trend, which will have a more profound impact on investment mode, business, organization and service. Internet finance plays a positive role in promoting the development of small and micro enterprises and expanding employment, which is irreplaceable by existing financial institutions, and opens the door for public entrepreneurship and innovation. Promoting the healthy development of Internet finance is concive to improving the quality and efficiency of investment services, deepening financial reform, promoting financial innovation and development, expanding the opening of the financial instry to the outside world and building a multi-level financial system. As a new thing, Internet finance needs not only market driven, encouraging innovation, but also policy support to promote development
(1) actively encourage the innovation of Internet Financial platforms, procts and services to stimulate market vitality. Financial institutions such as banks, securities, insurance, funds, trusts and consumer finance are encouraged to rely on Internet technology to realize the transformation and upgrading of traditional financial businesses and services, and actively develop new procts and services based on Internet technology. We will support qualified financial institutions to build innovative Internet platforms and carry out online banking, online securities, online insurance, online fund sales and online consumer finance. We will support Internet enterprises to establish Internet Payment institutions, online lending platforms, equity crowdfunding financing platforms and online investment proct sales platforms in accordance with the law, and establish a multi-level investment service system serving the real economy, so as to better meet the investment and financing needs of small, medium and micro enterprises and indivials, and further expand the breadth and depth of Inclusive Finance. E-commerce enterprises are encouraged to build and improve their own online investment service system in line with financial laws and regulations, so as to effectively expand e-commerce supply chain business. Encourage the practitioners to actively carry out proct, service, technology and management innovation, and enhance the core competitiveness of the practitioners< (2) encourage the cooperation among the enterprises to realize the complementary advantages. Support all kinds of financial institutions to cooperate with Internet enterprises, and establish a good internet financial ecological environment and instrial chain. Financial institutions in the banking instry are encouraged to carry out business innovation and provide supporting services such as fund custody, payment and clearing for third-party payment institutions and online loan platforms. Support small and micro investment service institutions to carry out business cooperation with Internet enterprises to realize business model innovation. Support the cooperation between securities, funds, trusts, consumer finance and futures institutions and Internet enterprises, broaden the sales channels of investment procts and innovate the wealth management mode. Insurance companies are encouraged to cooperate with Internet enterprises to enhance the risk resistance ability of Internet financial enterprises< (3) broaden the financing channels of the practitioners and improve the financing environment. We will support social capital to initiate the establishment of Internet financial instry investment funds, and promote in-depth cooperation among practitioners, venture capital institutions, and instrial investment funds. High quality qualified institutions are encouraged to be listed on the main board, growth enterprise market and other domestic capital markets for financing. Banking financial institutions are encouraged to support the start-up institutions in accordance with various financial policies to support the development of small and micro enterprises. According to the characteristics of Internet enterprises, innovative investment models and services< (4) we should adhere to the principle of streamlining administration and delegating powers, and provide high-quality services. All financial regulatory departments should actively support financial institutions to carry out Internet financial business. In accordance with the laws and regulations, implement efficient management for qualified Internet enterprises to carry out relevant financial business. The administrative departments for Instry and commerce should support Internet enterprises to register for Instry and Commerce in accordance with the law. The competent department of telecommunications and the national Internet information management department should actively support the Internet financial business. The competent department of telecommunications supervises the telecommunication business involved in the Internet financial business, and the national Internet information management department is responsible for supervising the financial information service, Internet information content and other businesses. We should actively carry out legislative research in the field of Internet finance, timely issue relevant management regulations, and create a good institutional environment concive to the development of Internet finance. We will strengthen the protection of intellectual property rights, such as patents and trademarks, of employees. Encourage provincial governments to increase policy support for Internet finance. Support the establishment of specialized Internet finance research institutions, encourage the construction of Internet finance information exchange platform, and actively carry out Internet finance research< (5) implement and improve relevant fiscal and taxation policies. According to the principle of tax equity, the small-scale and start-up enterprises that meet the current tax policy conditions for small and medium-sized enterprises, especially small and micro enterprises, can enjoy preferential tax policies according to the regulations. Combined with the reform of replacing business tax with value-added tax in the financial instry, the tax policy of Internet finance should be improved as a whole. Implement the policy of pre tax addition and dection of new technology and new proct R & D expenses of the practitioners< (6) promote the construction of credit infrastructure and cultivate Internet financial supporting service system. Support the infrastructure construction of big data storage, network and information security maintenance and other technical fields. It is necessary to encourage institutions to establish credit information sharing platforms in accordance with the law. We will promote qualified relevant institutions to access the basic database of financial credit information. It is allowed for qualified institutions to apply for credit business license according to law. Support qualified credit intermediary organizations to carry out credit rating of Internet enterprises, and enhance the transparency of market information. Encourage accounting, auditing, legal, consulting and other intermediary service institutions to provide relevant professional services for Internet enterprises< Secondly, we should make clear the regulatory responsibility of Internet Finance according to the classification guidance. Strengthening the supervision of Internet finance is the internal requirement to promote the healthy development of Internet finance. At the same time, Internet finance is a new thing and new form of business. We should formulate moderately loose regulatory policies to leave room and space for Internet finance innovation. We should encourage innovation and strengthen supervision to support each other, promote the healthy development of Internet Finance and better serve the real economy. Internet financial supervision should follow the principles of "legal supervision, moderate supervision, classified supervision, collaborative supervision and innovative supervision", scientifically and reasonably define the business boundary and access conditions of various formats, implement the regulatory responsibility, clarify the risk bottom line, protect the legal operation, and resolutely crack down on illegal and illegal behaviors< (7) Internet payment. Internet payment refers to the service of sending payment instructions and transferring monetary funds through computers, mobile phones and other devices relying on the Internet. Internet payment should always adhere to the purpose of serving the development of e-commerce and providing small, fast and convenient small and micro payment services for the society. Banking financial institutions and third-party payment institutions engaged in Internet payment should abide by the existing laws, regulations and regulatory provisions. If the third-party payment institution cooperates with other institutions, it should clearly define the rights and obligations of each party, and establish an effective risk isolation mechanism and customer rights and interests protection mechanism. It is necessary to fully disclose service information to customers, clearly indicate business risks, and not exaggerate the nature and function of payment service intermediary. Internet payment business is supervised by the people's Bank of China< (8) online lending. Network lending includes indivial network lending (P2P network lending) and network small loan. Indivial online lending refers to the direct lending between indivials through the Internet platform. Direct lending on indivial online lending platform belongs to the category of private lending, which is regulated by contract law, general principles of civil law and other laws and regulations as well as relevant judicial interpretations of the Supreme People's court. Indivial online lending should adhere to the platform function, and provide information interaction, matching, credit evaluation and other intermediary services for investors and financiers. Indivial network lending institutions should be clear about information intermediary
10. online finance! Including but not limited to the following:
1. Third party payment platform. The third party payment platform represented by Alipay has been developing vigorously for many years, but this year, they have made breakthroughs in the field of payment. Typical event is December 12, 2014, Ali group through the Alipay line marketing event, formally to the offline collection business overlord UnionPay declared war. Through the subsidy of up to 20 yuan per unit, Alipay will enter the next line of acquiring business (POS payment business). It has a substantial impact on the monopoly of UnionPay. Other emerging examples include wechat red packets
2. P2P network lending platform. P2P network lending platform (peer-to-peer lending), that is, the lender through the Internet platform to provide small loans to the borrower's credit intermediary model, is a business model to gather small funds to lend to people with capital needs. P2P network lending platform appeared around 2007, but it has been growing wildly since 2012. Not only are the newly established P2P platforms springing up, many investors are attracted by high returns, and even large financial institutions have begun to set foot in them: Ping'an group has set up "lufax" which is engaged in P2P business, and China Merchants Bank has recently launched "e + steady financing project" to test P2P business. Lending club, the world's first P2P platform, has been listed in the United States. It can be predicted that China's broad lending market will also proce listed companies
3. Crowdfunding platform. It is a kind of behavior of raising funds from the masses to support the indivials or organizations that initiate it. Generally speaking, it is through the network platform to connect the sponsor and the sponsor. In the world, it mainly includes four modes: public welfare crowdfunding; Proct crowdfunding; Debt crowdfunding; Equity crowdfunding. Now more and more projects adopt crowdfunding mode. For example, "entertainment treasure" launched by Ali, some scientific and technological creative procts, urban cafes, etc. In particular, equity crowdfunding is likely to break through the provisions of China's securities law, so that each of us can become a shareholder of a company at the beginning of its establishment without waiting for its listing. As of June this year, there were more than 100 equity crowdfunding platforms
4. E-commerce small loans. It is based on the analysis and processing of transaction data of e-commerce platform, user information and behavior habits of social network, forming network credit rating system and risk calculation model, and issuing order loans or credit loans to online merchants accordingly. A typical example is Ali xiaodai. Financial services are carried out in the way of "closed process + big data", and the electronic system is used to verify the credit status of the lender, and to issue non secured credit loans and accounts receivable mortgage loans. There is another mode, supply chain finance. The representative enterprise is "Jingdong Mall". In this mode, e-commerce enterprises do not issue loans directly, but cooperate with other financial institutions to connect their business model with financial institutions by providing financing information and technical services, so that both parties can jointly serve the customers of e-commerce platform in the way of cooperation. In this mode, the e-commerce platform is only an information intermediary and does not bear the financing risk. Based on its own database, the scale of Alibaba's small loans is already very large. By the end of the year, three small loan companies under Alibaba finance had issued loans totaling 150 billion yuan, with more than 650000 customers and loan balance exceeding 12.5 billion yuan. The overall non-performing loan ratio was about 1.12%. In addition, Jingdong also appeared for personal loans "Jingdong white"
5. Network financing. There are two kinds of financial management modes. One is the path of "Finance + Internet", that is, financial institutions release information about loans, fund procts, financial procts or insurance procts, undertake information intermediary or engage in financial procts and insurance consignment business. The other is to combine the existing financial procts with the characteristics of the Internet to form investment and financial procts or insurance procts. Currently, the most popular procts are various "baby legions" represented by "yu'e Bao", "current Bao" and "rest assured Bao". These baby legions are essentially monetary funds. Because their income is higher than the fixed deposit in the bank, the deposit in the Bank of our country is losing continuously. At the end of September this year, the balance of RMB deposits was 112.66 trillion yuan, a sharp decrease of 950 billion yuan compared with the end of last quarter, the first decrease in quarterly deposits since 1999. 6. Internet financial portal. Internet financial portal is a platform that uses the Internet to sell financial procts and provide third-party services for the sale of financial procts. Its core is the mode of "search + price comparison", which adopts the way of vertical price comparison of financial procts, puts the procts of various financial institutions on the platform, and users select the appropriate financial procts through comparison. Representatives are rong360, 91 financial supermarket, etc
7. Pure internet financial institutions. That is to say, for those financial institutions that have no physical business outlets and only carry out business on the Internet, their customers mainly obtain banking procts and services through remote channels such as computers, e-mail, mobile phones and telephones. Such as network insurance company, direct bank, etc. For example, "Zhongan online property insurance company" is established by Alibaba cloud Ma, Tencent Ma Huateng, Ping An Ma Mingzhe of China and "Sanma Tongcao". There are also special "direct banking" departments launched by traditional banks such as instrial and Commercial Bank of China and Instrial Bank of China, which are developing rapidly. For example, by the end of August, the number of customers of Minsheng direct banking exceeded 1 million, the financial assets exceeded 18 billion yuan, and the cumulative purchase volume of ruyibao exceeded 110 billion yuan.
1. Third party payment platform. The third party payment platform represented by Alipay has been developing vigorously for many years, but this year, they have made breakthroughs in the field of payment. Typical event is December 12, 2014, Ali group through the Alipay line marketing event, formally to the offline collection business overlord UnionPay declared war. Through the subsidy of up to 20 yuan per unit, Alipay will enter the next line of acquiring business (POS payment business). It has a substantial impact on the monopoly of UnionPay. Other emerging examples include wechat red packets
2. P2P network lending platform. P2P network lending platform (peer-to-peer lending), that is, the lender through the Internet platform to provide small loans to the borrower's credit intermediary model, is a business model to gather small funds to lend to people with capital needs. P2P network lending platform appeared around 2007, but it has been growing wildly since 2012. Not only are the newly established P2P platforms springing up, many investors are attracted by high returns, and even large financial institutions have begun to set foot in them: Ping'an group has set up "lufax" which is engaged in P2P business, and China Merchants Bank has recently launched "e + steady financing project" to test P2P business. Lending club, the world's first P2P platform, has been listed in the United States. It can be predicted that China's broad lending market will also proce listed companies
3. Crowdfunding platform. It is a kind of behavior of raising funds from the masses to support the indivials or organizations that initiate it. Generally speaking, it is through the network platform to connect the sponsor and the sponsor. In the world, it mainly includes four modes: public welfare crowdfunding; Proct crowdfunding; Debt crowdfunding; Equity crowdfunding. Now more and more projects adopt crowdfunding mode. For example, "entertainment treasure" launched by Ali, some scientific and technological creative procts, urban cafes, etc. In particular, equity crowdfunding is likely to break through the provisions of China's securities law, so that each of us can become a shareholder of a company at the beginning of its establishment without waiting for its listing. As of June this year, there were more than 100 equity crowdfunding platforms
4. E-commerce small loans. It is based on the analysis and processing of transaction data of e-commerce platform, user information and behavior habits of social network, forming network credit rating system and risk calculation model, and issuing order loans or credit loans to online merchants accordingly. A typical example is Ali xiaodai. Financial services are carried out in the way of "closed process + big data", and the electronic system is used to verify the credit status of the lender, and to issue non secured credit loans and accounts receivable mortgage loans. There is another mode, supply chain finance. The representative enterprise is "Jingdong Mall". In this mode, e-commerce enterprises do not issue loans directly, but cooperate with other financial institutions to connect their business model with financial institutions by providing financing information and technical services, so that both parties can jointly serve the customers of e-commerce platform in the way of cooperation. In this mode, the e-commerce platform is only an information intermediary and does not bear the financing risk. Based on its own database, the scale of Alibaba's small loans is already very large. By the end of the year, three small loan companies under Alibaba finance had issued loans totaling 150 billion yuan, with more than 650000 customers and loan balance exceeding 12.5 billion yuan. The overall non-performing loan ratio was about 1.12%. In addition, Jingdong also appeared for personal loans "Jingdong white"
5. Network financing. There are two kinds of financial management modes. One is the path of "Finance + Internet", that is, financial institutions release information about loans, fund procts, financial procts or insurance procts, undertake information intermediary or engage in financial procts and insurance consignment business. The other is to combine the existing financial procts with the characteristics of the Internet to form investment and financial procts or insurance procts. Currently, the most popular procts are various "baby legions" represented by "yu'e Bao", "current Bao" and "rest assured Bao". These baby legions are essentially monetary funds. Because their income is higher than the fixed deposit in the bank, the deposit in the Bank of our country is losing continuously. At the end of September this year, the balance of RMB deposits was 112.66 trillion yuan, a sharp decrease of 950 billion yuan compared with the end of last quarter, the first decrease in quarterly deposits since 1999. 6. Internet financial portal. Internet financial portal is a platform that uses the Internet to sell financial procts and provide third-party services for the sale of financial procts. Its core is the mode of "search + price comparison", which adopts the way of vertical price comparison of financial procts, puts the procts of various financial institutions on the platform, and users select the appropriate financial procts through comparison. Representatives are rong360, 91 financial supermarket, etc
7. Pure internet financial institutions. That is to say, for those financial institutions that have no physical business outlets and only carry out business on the Internet, their customers mainly obtain banking procts and services through remote channels such as computers, e-mail, mobile phones and telephones. Such as network insurance company, direct bank, etc. For example, "Zhongan online property insurance company" is established by Alibaba cloud Ma, Tencent Ma Huateng, Ping An Ma Mingzhe of China and "Sanma Tongcao". There are also special "direct banking" departments launched by traditional banks such as instrial and Commercial Bank of China and Instrial Bank of China, which are developing rapidly. For example, by the end of August, the number of customers of Minsheng direct banking exceeded 1 million, the financial assets exceeded 18 billion yuan, and the cumulative purchase volume of ruyibao exceeded 110 billion yuan.
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