Position: Home page » Virtual » China's virtual monetary policy in 2014

China's virtual monetary policy in 2014

Publish: 2021-04-26 22:54:48
1. There is no policy to prohibit the trading of virtual currency in China, and the trading of virtual currency is legal in China
at the end of 2013, the central bank and other five ministries and commissions jointly issued the bitcoin risk notice, in which bitcoin was clearly defined as a special Internet commodity, and people could buy and sell freely at their own risk, denying its monetary attribute. At this stage, financial institutions are not allowed to provide bitcoin related services. The transaction platform supporting its transaction must do a good job in anti money laundering< In an interview with the Boao Forum, President Yang Xiaochuan compared bitcoin to a tradable asset like a stamp, which the central bank has no right to ban
since 2013, popular virtual currencies include bitcoin, Laite coin, Fuyuan coin, doggy coin, reborn coin, etc.
2.

China's regulatory authorities have stopped the issuance and trading of virtual currency, and China's policy does not allow the issuance of any virtual currency

3.

Bitcoin trading is a kind of commodity trading on the Internet. Ordinary people have the freedom to participate in it at their own risk

4. In China, no company that issues virtual currency has been granted policy permission. China has a laissez faire attitude towards virtual currency. The following is China's position on virtual currency:

Zhou Xiaochuan, governor of the central bank, said at last year's Boao Forum that bitcoin, like stamps collected by stamp collectors, has collection value, and people regard it as an asset to trade rather than a payment currency, so there is no question of banning it for the central bank. This is also the only time central bank governor Zhou Xiaochuan has made a statement on the currency

in the bitcoin risk notice issued by the central bank and other five ministries and commissions at the end of 2013, bitcoin was clearly defined as a special Internet commodity, which people can buy and sell freely under the premise of free but risk, denying its monetary attribute. At this stage, all financial hooks are not allowed to provide bitcoin related services

since 2013, the popular virtual currencies are bitcoin, Fuyuan coin, Laite coin, doggy coin and so on.
5. In 2015, the Chinese government did not issue any policies on virtual currency. The only policy is that the central bank defined bitcoin as a special Internet commodity in 2013 and denied its monetary attribute. In 2015, the central bank held a seminar on digital currency, and the central bank planned to issue digital currency. There are no other policies, but in general, no matter what policies are put forward, bitcoin, Ruitai coin and Weimeng coin, which are normal digital currencies, have little influence.
6. 1. From 2014 to 2015, the central bank issued a lot of monetary policies. It is suggested to pay attention to the reports of relevant financial channels. For example, on April 22, 2014, the people's Bank of China decided to rece the RMB deposit reserve ratio of county rural commercial banks by 2 percentage points and the RMB deposit reserve ratio of county rural cooperative banks by 0.5 percentage points from April 25
2. Monetary policy refers to the measures taken by the government or the central bank to influence economic activities, especially the measures to control money supply and interest rate. The nature of monetary policy is one of the most attractive, important and controversial fields in macroeconomics. A government has a variety of policy tools to achieve its macroeconomic goals.
7. It doesn't count. The so-called quantitative easing refers to the expansion of a certain amount of money issuance. Easing is to rece the pressure on banks to inject capital into their reserves. When the securities of banks and financial institutions are acquired by the central bank, the newly issued money is successfully put into the private banking system< First of all, China's banking system is not dominated by private banks. Secondly, although China has a planned quantification, that is, printing more money, it has not relaxed the requirements of bank reserves, that is, China has only a certain degree of "quantification";, There is not much obvious "easing."

quantitative easing generally refers to the strategy adopted by the United States and Japan. China's monetary policy is generally called "prudent monetary policy", which means: Taking the stability of currency value as the goal, correctly handling the relationship between preventing financial risks and supporting economic growth, maintaining the moderate growth of money supply on the premise of improving the quality of loans, and supporting the sustained, rapid and healthy development of national economy.
Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750