Rectification of virtual currency

3.

In order to speed up the elimination of backward and excess capacity, the Inner Mongolia development and Reform Commission plans to comprehensively clean up and shut down virtual currency mining projects, according to an article on its official website

How to deal with bitcoin mines

recently, bitcoin continued to record high, and concept stocks surprised the capital market. Under the demonstration effect of teras' purchase of bitcoin, the price of bitcoin has been climbing, which has exceeded US $58000 before. Driven by bitcoin's booming market, & lt; Mining & quot; The rise in earnings has driven more money in. The income of bitcoin mining is mainly affected by the difficulty of mining and electricity charges. In China, with abundant electric power resources, the development of electric power instry is becoming more and more important; Mining & quot; In Inner Mongolia, an important region of the layout, the virtual currency mining project is about to be eliminated. In the past, some mines were transferred seasonally e to the wet season and dry season in Sichuan. At present, the mine owners in Inner Mongolia can only move the machines, but the infrastructure of the mine can not be moved, so they may face certain losses{ RRRRR}

4. Because it is a kind of virtual currency and exists on the Internet, it has great risk, instability and uncertainty. Bitcoin is not issued by the central bank. It is a proct of the Internet.

5.

With the development of digital economy, great changes have taken place in people's consumption patterns. The former means of cash payment are being replaced by various means of payment. Even when people go out, they seldom carry cash. In addition, with the intervention of bitcoin, lightcoin and other virtual currencies, the virtual currency with blockchain as the underlying technology is graally moving towards the vision of ordinary people

In addition, fan Yifei said that changes in the traditional business environment have led to various challenges in the work of money and gold, and new changes in the issuance and circulation of RMB. In this regard, the central bank needs to strengthen prevention and resolve the risks of money circulation

6.

Recently, it has been rumored that central bank officials from Shanghai and Beijing have begun to investigate virtual currency trading venues, and it is likely that the ban on virtual currency trading will be lifted. After the reporter to a special rectification of Internet financial risk staff verification, the relevant reports and facts do not match

instry insiders suggest that the majority of consumers and investors should enhance their awareness of risk prevention. If they find that they are involved in illegal financial activities in the notice, they can report to the relevant regulatory authorities or China Internet Finance Association. If they are suspected of crimes, they can report to the public security organ

7.

Recently, the people's Bank of China held a national teleconference on money and gold and silver work in 2018. Fan Yifei, vice governor of the people's Bank of China, pointed out at the meeting that this year we should solidly promote the research and development of digital currency of the people's Bank of China, strive to improve the level of cash service, carry out the rectification and clean-up of all kinds of virtual currency, closely communicate and cooperate with relevant departments, and vigorously rectify the chaos in the field of cash circulation

Fan Yifei pointed out that the current work of currency gold and silver is facing new challenges, the traditional business environment has undergone major changes, the development of digital economy, the diversification of means of payment and the change of the public's habit of using banknotes have had a profound impact on the issuance and circulation of RMB, and the public has put forward new and higher requirements for the level of cash service“ The central bank's monetary gold and silver work needs to be continuously deepened in serving the real economy, effectively promoted in improving services for people's livelihood, and comprehensively strengthened in preventing and defusing risks. "

"commercial banks should give full play to the pivotal role of cash delivery and withdrawal, further do a good job in the issuance of ordinary commemorative coins, and effectively improve the public satisfaction; Further strengthen the cash analysis, improve the level of cash management, strengthen the management of large amount of cash, and effectively protect the people's demand for small denomination RMB; We will further strengthen the anti-counterfeiting work, strengthen internal control and management, and constantly improve the ability of employees and cash machines to intercept counterfeit money. " Fan Yifei said

8.

On March 28, the central bank held a national teleconference on monetary gold and silver work in 2018. Fan Yifei, vice governor of the people's Bank of China, pointed out that we should further strengthen reform and innovation and solidly promote the research and development of digital currency of the people's Bank of China. We should strictly strengthen internal management and external supervision, attach great importance to and effectively strengthen the quality control of RMB, carry out large amount cash management, build a cash clearing enterprise supervision system in accordance with the law, carry out the rectification and clean-up of all kinds of virtual currencies, and strive to build a "five in one" anti-counterfeit currency working mechanism

from the perspective of global digital currency regulatory practice, China has adopted a more stringent regulatory approach, but it does not mean that China can stay out of the global financial innovation wave. In the future, China should actively participate in the global governance of digital currency and enhance its influence and voice in the development of digital currency and regulatory rules

9. At present, the work of currency, gold and silver is facing new challenges. The traditional business environment has undergone major changes. The development of digital economy, the diversification of payment means and the change of the public's habit of using banknotes have had a profound impact on the issuance and circulation of RMB. The public has also put forward new and higher requirements for the level of cash service. The monetary gold and silver work of the central bank needs to be continuously deepened in serving the real economy, effectively promoted in improving services for people's livelihood, and comprehensively strengthened in preventing and defusing risks.

10. In 2018, we will promote the in-depth transformation of monetary gold and silver work, further intensify reform and innovation, and solidly promote the research and development of the central bank's digital currency. We also said that we should strictly strengthen internal management and external supervision, and carry out the rectification and clean-up of all kinds of virtual currencies.