Can Ethereum exchange for RMB
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
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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"
virtual currency originally refers to non real currency, which is used in games. Of course, the money in the game is real or fake
virtual currency is usually used to purchase procts and services provided by currency Issuers (i.e. service providers), which are real< The Ministry of Culture issued the notice on Further Strengthening the management of Internet cafes and online games, which pointed out that the total amount of virtual currency issued by online game business units and the purchase amount of indivial online game consumers should be strictly limited; The virtual currency issued by online game business units can not be used to purchase physical procts, but can only be used to purchase virtual procts and services provided by themselves; If consumers need to redeem the virtual currency as legal tender, the amount shall not exceed the original purchase amount; It is strictly forbidden to resell virtual currency. Those who violate the above provisions shall be punished by the people's Bank of China in accordance with Articles 32 and 46 of the law of the people's Bank of China. Thus it seems that the legitimacy of the virtual transaction is recognized, and the virtual currency gambling transaction can not be carried out. The equipment is proced by oneself, which should be regarded as labor income.
It is recommended that students who ask questions take a look at this complete development tutorial of Ethereum DAPP for novice blockchain users, including node.js, web3.js, solidness, geth and turffle, which should be helpful:
Ethereum DAPP introctory practical course
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