Is it illegal to resell virtual currency

1.

It is illegal to issue virtual currency privately

According to Article 29 of the regulations of the people's Republic of China on the administration of RMB, no unit or indivial is allowed to print or sell token tickets to replace RMB in circulation on the market

In addition, the "emergency notice of the State Council Office for rectifying unhealthy tendencies in the instry, the State Economic and Trade Commission and the people's Bank of China on prohibiting the issuance and use of various token certificates (cards)" also strictly prohibited similar issues

extended data

virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point and voucher of Shanda company, micro currency launched by Sina (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver grain (used for bixue Qingtian game), and popular digital currencies in 2013 include bitcoin, Laite coin, infinite coin, quark coin, zeta coin, etc Barbecue coins, pennies (Internet), invisible gold bars, red coins, prime coins. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

market formation

the Internet has led to the emergence of a new market, which is a virtual market based on cyberspace. The Internet provides a lot of communication places for consumers, and also provides business market for enterprises. Enterprises must change from proct centered to service centered to customer centered. With the development of computer artificial intelligence technology and database technology, enterprises can conveniently collect customers' information, understand customers' needs in time, change business strategies and grasp economic arteries in real time

With the rapid development of computer and network communication technology, the application of Internet technology has graally penetrated into various fields of human activities, and the unlimited business opportunities that it contains make businesses turn their eyes to e-commerce. E-commerce is penetrating into all aspects of social and economic life at a speed that people can hardly imagine

the traditional finance is also closely watching this irresistible trend of global economic integration and networking. As a result, value-added services take art as the selling point and can be regarded as commodities; The sword in the game is not a brand-new financial services business philosophy - e-finance came into being

from the historical development process, to understand e-finance, we must start from the electronic finance and e-commerce. The so-called e-financialization means that financial enterprises adopt modern communication, computer, network and other information technology means in addition to Internet technology to improve the work efficiency of traditional financial service business, rece operating costs, realize the automation of financial business processing, informatization of financial enterprise management and scientific decision-making, and provide customers with faster and more convenient services, And then enhance the financial enterprise is the behavior of market competitive advantage

e-finance is a transcendence of financial electronization. Different from the electronic finance, the main technical basis of e-finance operation is the increasingly perfect Internet technology. Due to the characteristics of global connectivity, openness, quickness and low marginal cost of Internet technology, e-finance strengthens the restructuring and innovation of financial services business based on Internet technology, so that customers are free from the restrictions of business hours and places, and enjoy all kinds of high-quality and low-cost services provided by financial enterprises anytime and anywhere

with the development of Internet, the form of money is becoming more virtual, and there is an electronic money that only exists in the form of electronic signal

reference source: Network: virtual currency

2.

It is illegal to buy and sell digital currency in China

according to the announcement on preventing the financing risk of token issuance jointly issued by the central bank and other seven ministries and commissions, the announcement points out that any so-called token financing trading platform shall not engage in the exchange business between legal currency and token and "virtual currency", and shall not buy or sell tokens or "virtual currency" as the central counterparties, It is not allowed to provide pricing, information intermediary and other services for token or "virtual currency"

the announcement points out that token issuance financing refers to the so-called "virtual currency" raised from investors through illegal sale and circulation of tokens. In essence, it is an unauthorized illegal public financing behavior, suspected of illegal sale of token tickets, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal and criminal activities

extended information:

the central bank said that the so-called "digital currency" in the market is not legal digital currency:

the central bank's monetary Bureau issued a "risk warning on issuing or promoting digital currency in the name of the people's Bank of China" on its official website, saying that recently, indivial enterprises falsely use the name of the central bank, The relevant digital procts are labeled as "authorized issuance by the people's Bank of China", or the central bank's digital currency promotion team is falsely claimed, in an attempt to deceive the public and take the opportunity to make huge profits

the central bank said that the central bank has not issued legal digital currency, nor authorized any institutions and enterprises to issue legal digital currency, and there is no promotion team. At present, the so-called "digital currency" in the market is not legal digital currency. The central bank also suggested that the so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid selling and fraud

in fact, virtual currencies such as bitcoin and lightcoin are representatives of the so-called digital currency. The central bank said in 2016 that it was studying China's legal digital currency. Yao Qian, director of the digital currency Research Institute of the people's Bank of China, previously told the media that the prototype scheme for the central bank to issue legal digital currency has completed two rounds of revision, and is expected to be tested in relatively closed application scenarios such as the bill market in the future, but there is no clear timetable for its launch

3. No, the money is your own. You can buy anything you want, except guns, ammunition, drugs, whoring and nothing else

4. Virtual currency, represented by bitcoin, is legal in China. It is defined as a special Internet commodity. People can buy and sell it freely at their own risk. But it is illegal to carry out pyramid schemes under the guise of bitcoin. Now to create a virtual currency trading platform, we must record the website and implement real name authentication for users. Bitcoin is legal in most countries around the world, except that some small countries explicitly ban it

since 203, the more popular virtual currencies are bitcoin, Wright coin, Fuyuan coin, doggy coin, dark coin, reborn coin and so on.

5. As long as the price is reasonable, it is not illegal for both parties to trade voluntarily. It's like you have an old TV set that you want to sell and someone wants to use. It's not against the law to negotiate the price and pay for it and deliver it.

6. 2004
by Dongfang satellite TV, shangteng entertainment and Leica & reg; With the support of universal records, Shanghai Media Group (SMG), and the co sponsorship of designated airlines, such as Dragonair and Guangming shangcha, the brand jointly launched a more cool and Creative Dream Music Tour with the purpose of exploring the potential idol and creating a superstar of tomorrow

the first Lycra & reg; Zhang Jie, the champion of "my show" competition, has released his first album and sold well all over the country. Zhang Jie has become one of the most popular new stars in the Asia Pacific region in 2005. This competition will continue the first model and be held nationwide with a stronger momentum. The final winner will sign a contract with shangteng entertainment, which will be made by the three organizers with a value of millions. It will be vigorously promoted by the full support of universal records and the strong platform of Shanghai Media Group, forging a global superstar of tomorrow! This competition will also make more people enjoy the fun of participation, experience and witness the birth of a shining star

at the same time of the competition, 13 TV reality shows related to the competition will be proced at the same time. Oriental satellite TV will cooperate with Beijing, Guangzhou and Cheng TV stations to create a more powerful media platform. At the same time, viewers from the United States, Australia, Japan and Macao can also watch it at the same time<

entry qualifications:
· the age of entry is 16-25 years old
· at the time of registration and ring the whole competition period, no contract has been signed with any record company, brokerage company or proction company other than shangteng entertainment, or any such contract is still valid
· there are no unsettled disputes with any record company, brokerage company or proction company
· you must enter the competition in your own name. Registration in the form of singing group is not accepted<

entry rules:
· enter "Lycra & reg; If the contestants are under 18 years old, they must be accompanied by their parents or guardians (only one person) to participate in the semi-finals* Cheng (May 12), Guangzhou (May 18), Beijing (May 23), Hangzhou (May 30) and Shanghai (June 5)
· shangteng entertainment is responsible for the round-trip tickets (hard sleeper train tickets or equivalent transportation) from the selection place to Shanghai, the transportation in Shanghai that shangteng Entertainment considers necessary, the transportation in Shanghai, the training in Shanghai, the training in Shanghai Basic accommodation ring the competition in Shanghai. Players need to bring their own daily necessities (such as daily changing clothes, performance clothes and CD listening, etc.)
· all players must comply with all activities arranged by shangteng entertainment, such as training, rehearsal, competition, promotion and shooting
· all contestants must agree to use the personal data provided by shangteng entertainment and the data obtained ring training and competition for publicity, promotion, training, competition and television broadcasting
· all contestants must agree that shangteng entertainment can distribute their personal data and information obtained ring training and competition to the press, other media, advertisers, competition judges and the public
· ring the competition, all competitors must only be interviewed by the press or other media arranged by shangteng entertainment, not by the press or other media without permission; Except for shangteng Entertainment's consent or requirements, all players must keep the competition process and related contents strictly confidential and shall not disclose them to the press, other media, the public, relatives and friends or any other third party
· shangteng entertainment has the right to eliminate the unqualified competitors at any time through any level of competition or any other way arranged by it ring the training period without any explanation.