Is there a national digital currency

As of September 2019, the central bank's digital currency has not been issued

the development history of the central bank's digital currency is as follows

in 2014, the Central Bank of China set up a special research team to conct in-depth research on the framework of digital currency issuance and business operation, key technologies of digital currency, issuance and circulation environment, and legal issues faced

in January 2017, the central bank officially established the digital currency Research Institute in Shenzhen

in September 2018, the Institute of digital currency built a trade finance blockchain platform

on August 2, 2019, the central bank said at the second half of 2019 work video conference that it would speed up the research and development of legal digital currency

on August 10, 2019, Mu Changchun, deputy director of the payment and Settlement Department of the central bank, said at the Yichun forum of 40 people of China finance that "the central bank's digital currency can be said to be ready"

on August 18, 2019, the CPC Central Committee and the State Council issued their opinions on supporting Shenzhen to build a leading demonstration zone of socialism with Chinese characteristics, which mentioned supporting innovative applications such as digital currency research in Shenzhen

on August 21, 2019, the official micro blog of the people's Bank of China released two articles on digital currency. One is fan Yifei, vice president of the people's Bank of China, who was published in January 2018, talking about some considerations of digital currency of the people's Bank of China. The other is mu Changchun, deputy director of the Department of payment and settlement, who delivered a speech in Yichun on August 10

extended data:

practical significance

the digitalization of central bank's currency helps to optimize the central bank's monetary payment function, improve the central bank's monetary status and the effectiveness of monetary policy. The central bank's digital currency can become an interest bearing asset to meet the holder's reserve demand for safe assets, and can also become the lower limit of bank deposit interest rate

can also become a new monetary policy tool. At the same time, the central bank can affect the bank's deposit and loan interest rate by adjusting the central bank's digital currency interest rate, and help break the zero interest rate lower limit

operation system

fan Yifei, vice governor of the people's Bank of China, said in the article that the digital currency of the people's Bank of China should adopt a two-tier operation system. This model does not change the relationship between creditor's rights and debt of currency in circulation, does not change the existing money supply system and al account structure, does not constitute a competition for commercial banks' deposit currency, and does not increase commercial banks' dependence on the interbank lending market

will not affect the lending ability of commercial banks, and will not lead to the phenomenon of "financial disintermediation". At the same time, because it does not affect the existing monetary policy transmission mechanism, it will not strengthen the pro cyclical effect under the pressure environment, and it can improve the convenience and security of payment, and it also has the credit advantage of central bank endorsement

It's not a national project, it's not a digital currency issued by the state, it's a pyramid scheme, it's illegal

cloud data trade is a large-scale MLM mode in China, which usually uses high rebate as t and requires participants to pay different amounts of fees to become indivial certified merchants, enterprise certified merchants and Alliance certified merchants, and then pays rebate and bonus according to participants' offline development. Cloud data trade is a large-scale MLM mode in China. In September 2013, the Ministry of Public Security announced 10 typical MLM cases, among which "Cloud Data Trade" is one. This kind of MLM usually uses illegal equity financing, develops offline through mobile wechat and QQ, lures cheaters to pay for investment and shopping, and harms the general public

extended information:

the pyramid selling mode of Cloud Data Trade Alliance network is different from the traditional pyramid selling mode. It is divided into different activity areas (called "disk" internally) according to the amount of participation. For example, "member disk" needs to pay 500 yuan, "shareholder disk" needs to pay 5000 yuan, "director disk" needs to pay 30000 yuan, and each "disk" is relatively independent, They are not involved in each other. In Weihai area, the network pyramid selling organization mainly develops "shareholder disk". Everyone has to pay 5000 yuan to join, and then get a website ID and password, as well as 5000 yuan of so-called "electronic currency". Without ID and password, they can't log in to the pyramid selling website

1. this problem is very professional

2. we are ready to discover digital currency, but it is still in the planning and brewing stage, and there is no formal issuance of the project

3. this project will upgrade the existing currency discovery mechanism, and each unit of currency will be given its own special identification mechanism

4. in addition, the bank account, Zhang Sanhui will give you 100, Li Sihui will give you 100, Under the current system, there is no essential difference between the two 100. For you, for the system, the bank account is the same bookkeeping symbol. However, under the digital currency mechanism, the system can correctly identify each unit of currency, that is, among the 200 yuan, which is given by Zhang San and which is given by Li Si. Note that this is in the electronic system, not the actual paper currency, It is equivalent to endowing DNA
   

< / OL > to each unit of currency