BTC Bank of China

1. In order to protect the property rights and interests of the public, protect the legal tender status of RMB, prevent the risk of money laundering, and maintain financial stability, the people's Bank of China, the Ministry of instry and information technology, China Banking Regulatory Commission, China Securities Regulatory Commission, and the Recently, China Insurance Regulatory Commission jointly issued the notice of the Ministry of instry and information technology of the people's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on the prevention of bitcoin risk (YF [2013] No. 289, hereinafter referred to as the "notice")

the notice defines the nature of bitcoin, and holds that bitcoin is not issued by the monetary authority, has no monetary attributes such as legal compensation and compulsion, and is not a real currency. In terms of nature, bitcoin is a specific virtual commodity, which does not have the same legal status as currency and cannot and should not be used as currency in the market. However, bitcoin trading as a commodity trading behavior on the Internet, ordinary people have the freedom to participate at their own risk

the notice requires that at this stage, all financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin as a central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, and provide other bitcoin related services to customers directly or indirectly, Including: providing bitcoin registration, trading, clearing, settlement and other services for customers; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc

according to the notice, the bitcoin Internet website, as the main trading platform of bitcoin, shall be filed with the telecommunications administration according to the provisions of the Telecommunications Regulations of the people's Republic of China and the measures for the administration of Internet information services. At the same time, in view of bitcoin's high risk of money laundering and being used by criminals, the notice requires relevant institutions to perform the legal anti money laundering obligations such as customer identification and suspicious transaction report in accordance with the anti money laundering law of the people's Republic of China, so as to effectively prevent the money laundering risks related to bitcoin

in order to avoid excessive speculation of virtual commodities such as bitcoin in the name of "virtual currency" and damage the public interest and the legal tender status of RMB, the circular requires financial institutions and Payment institutions to correctly use the concept of currency in their daily work, pay attention to strengthening the ecation of the public's knowledge of currency, and correctly understand the concept of currency The concept of correctly treating virtual commodity and virtual currency, rational investment, reasonable control of investment risk, and maintenance of their own property security should be included in the content of financial knowledge popularization activities, so as to guide the public to establish a correct concept of currency and investment

in the future, the people's Bank of China will continue to pay close attention to the trend and related risks of bitcoin based on its own responsibilities End)

bitcoin home has an interpretation.

2. Yes, as long as you can hold bitcoin in your hand, you can exchange it for you, just like you exchange US dollars for RMB.

3. BOC has not issued any digital currency, which is a false information. The Bank of our country forbids digital currency. The central bank has planned to issue digital currency, but it is still in the experimental stage. Moreover, the digital currency that the central bank plans to issue is also different from bitcoin, Ruitai, Laite and other digital currencies.

4. Nonsense, typical pyramid marketing discourse
in the bitcoin risk notice jointly issued by the central bank and other five ministries and commissions at the end of 2013, bitcoin is clearly defined as a special Internet commodity, and people can buy and sell it freely on the premise of their own risk. At this stage, bitcoin is not a currency. Bitcoin cannot and should be used for payment, and financial institutions are forbidden to provide services related to bitcoin. In 2014, third-party payment institutions and banks have interrupted the cooperation with the trading platform
therefore, the ICC virtual currency and the Bank of China are also doing things that are nothing. They are suspected to be a pyramid scheme and should invest prudently. At present, there are numerous pyramid schemes under the guise of bitcoin. As an investor, we should learn more about virtual currency, and don't believe in the myth that virtual currency makes wealth. At present, the more well-known virtual currencies are bitcoin, Wright coin, Fuyuan coin, dog coin and so on, but these coins are always used by pyramid schemes.

5. Can be used, as long as there is a UnionPay logo can swipe card consumption, in addition, if it is to withdraw money, each handling charge is 15 yuan. However, the deposit can only be made in branches of the Bank of China. And whether your card can deposit Japanese yen depends on what your card is. If it's a foreign currency card, it's OK.

7. If you withdraw cash on weekends, you may have to wait until weekdays to get to the account. If you withdraw cash on weekdays, you can get to the account soon. If you don't get to the account, you are advised to consult bitcoin China customer service staff, who will give you solutions. Of course, you can also leave messages on its official WeChat official account or official website micro-blog.

8. When you shop online, you can transfer your money to the merchant's service charge

9. Li Lihui, former president of the Bank of China and head of the blockchain working group of the Internet Finance Association of China, delivered a speech on blockchain application and virtual currency supervision, in which he mentioned the upcoming launch of bitcoin futures by the Chicago Mercantile Exchange Group (CME) and the change of regulatory attitude in the United States, It triggered a discussion about whether bitcoin can return to China. Stationmaster thinks, from the perspective of the world, the change of regulatory policies in various countries is quietly happening, and many signs show that the acceptance of bitcoin in various countries is graally increasing

10. There is no bitcoin wallet bound to China's bank card.
China does not recognize the legal status of bitcoin
ha ha
for details, please ask the customer service of Bank of China
run, brother,
good luck.