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Is virtual currency usdt protected

Publish: 2021-04-25 13:14:36
1.

Usdt is TEDA currency and cannot be converted into RMB Notice on carrying out self inspection and rectification of payment services for illegal virtual currency transactions all Payment institutions within the jurisdiction shall carry out self inspection and rectification, strictly prohibit providing services for virtual currency transactions, and take effective measures to prevent payment channels from being used for virtual currency transactions

TEDA currency is a virtual currency that links cryptocurrency with legal currency US dollar. Each TEDA coin is symbolically associated with government supported legal tender. TEDA currency is a virtual currency kept in the foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a TEDA currency is equal to US $1

on January 16, 2018, among the top 50 cryptocurrencies in global value, most of the digital virtual cryptocurrencies suffered a sharp drop in price, but the price of TEDA currency rose against the trend. The price of TEDA was $1.04, up 3.23% from the previous day, with a total market value of $1.69 billion. In addition to TEDA, most virtual currencies, including bitcoin, Ethereum, and lightcoin, have experienced sharp declines

extended information:

in 2017, the regulatory authorities issued the notice on preventing the financing risk of token issuance, which clearly pointed out that financial institutions and non bank payment institutions are not allowed to carry out business related to token issuance financing transactions. All financial institutions and non bank payment institutions shall not directly or indirectly provide procts or services such as account opening, registration, trading, clearing and settlement for token issuance and financing and "virtual currency", nor undertake insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability

the Internet Finance Association of China issued the risk tips on preventing ICO activities in disguised form, calling on consumers and investors to recognize the essence of relevant models, enhance risk prevention awareness, invest rationally, and not blindly follow the trend of speculation. Previously, blockchain technology was once sought after by a number of listed companies and the capital market, but it also led to questions about whether it was over hyped and "stepping on the red line"

2. Illegal fund-raising is not a real virtual currency. A very significant feature of deceiving "virtual currency" is the unilateral rise of investment income. The total amount of real virtual currency is limited, and the price fluctuates. However, the price of virtual currency under the illegal fund-raising scam tends to rise unilaterally, and the assets of investors' books have been increasing. Once the scam can not continue, These fake virtual currencies are worthless, and investors have nothing to lose. At present, in addition to bitcoin, there are eth Ethereum, usdt TEDA, inmi and other regular currencies.
3. Yes, the realm kingdom is one of them. In the blockchain, bitcoin, Ethereum, lightcoin and reborn coin, which have a large market, can be carried out on this platform, and they can buy profits no matter whether the market is going up or down.
4.

It's not illegal, but there are legal risks

in September 2017, the central bank, together with seven ministries and commissions, issued the announcement on the risk of token financing, which explicitly prohibited the trading of RMB and digital currency and the issuance of ICO (abbreviation of initial coin offering, which means initial public offering of digital currency)

the court reminded that the investment transaction of virtual currency is not protected by law, and investors should keep sober and rational. Virtual currency is not issued by monetary authority, it has no monetary attributes such as compensation and compulsion, it does not have the same legal status as currency, and it can not be used as currency in the market

extended information:

related policies:

on December 5, 2013, the central bank, together with five ministries and commissions, issued the notice on preventing bitcoin risks, which identifies the identity of bitcoin virtual goods and prompts financial risks

on September 4, 2017, the central bank, together with seven ministries and commissions, issued the notice on preventing the financing risk of token issuance, in which the central bank defined the identity of digital currency as "virtual currency" rather than "virtual commodity"

different countries have different attitudes towards digital currency. North America, Western Europe and Japan are the countries with high acceptance of bitcoin; Russia defines bitcoin as illegal; India and other countries have not issued relevant policies for the bitcoin< br />

5. You really can't guarantee that I will no longer have such relevant policies for the time being.
6. Burberry commercial building, 1a-1k Sai Yeung Choi South Street, Mongkok
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