Regulators crack down on digital currency
first, classify the legal nature of digital currencies and establish their legal status
the identification of the nature of digital currency has always been the core issue of legal supervision
Second, regulate ICO to protect the rights and interests of investors
thirdly, we should adopt the license system to supervise the legal qualification of digital currency start-ups< Fourth, the digital currency trading platform and private users should be included in the anti money laundering laws and regulations to prevent money laundering activities
fifthly, rece or exempt bitcoin transaction tax or formulate regulatory exemption privileges to relax the regulation of digital currency instry.
on September 4, 2017, the people's Bank of China and other seven ministries and commissions issued the "notice on preventing the financing risk of token issuance", which cleaned up the ICO and virtual currency trading venues. The scale of domestic virtual currency transactions decreased significantly, effectively avoiding the impact of virtual currency prices on China's financial market.
digital currency is an alternative currency in the form of electronic currency. At present, no central bank of any government has indicated that it will issue digital currency, and digital currency does not have to have a benchmark currency and a central bank. It is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency.
generally refers to various means of payment in foreign currency that can be used for international settlement. Including: foreign currency, foreign currency deposits, foreign currency securities (government bonds, treasury bonds, corporate bonds, stocks, etc.), foreign currency payment certificates (bills, bank deposit certificates, postal savings certificates, etc.)
foreign currency is just a foreign currency, and its content is smaller than that of foreign exchange.
it is recommended to stay away from this kind of currency and use the current regular currency. One is the old digital currency represented by bitcoin and lightcoin; The other is the token of project crowdfunding launched on European crowdfunding, which can be regarded as an asset certificate with fixed dividends.
As we all know, the legal currency of our country is RMB. The currency issued by other indivials and organizations, whether paper currency, digital currency or other forms of currency, is illegal and not recognized by the state. Only the people's Bank of China has the right to formulate and implement monetary policies according to law, Therefore, it is not recognized by the state to issue digital currency except RMB digital currency at home or abroad, which is illegal currency. Therefore, it is illegal to participate in the creation, operation and promotion of illegal digital currency. Taoists of genuine gold don't understand why so many people will invest in or participate in illegal digital currency activities, knowing that they are prohibited by law. Are we really so stupid< br />