Virtual currency in Europe

2. Hello, most of these platforms are not compliance channels, or even illegal,
but there is no problem, so it can not be determined
few investors and poor liquidity; Lack of supervision and serious manipulation.

3.

According to the definition of the European Central Bank in 2012, "a kind of digital currency that is not legally binding, issued and controlled by developers, and accepted and used in specific virtual community members."

at the 2013 congressional hearing, Federal Reserve Chairman Ben Bernanke said that "in the past two decades, virtual currency has been regarded as an electronic currency, or a payment system technology field that has been developing."< In 2013, the financial crime enforcement network (FinCEN) of the U.S. Department of the Treasury defined it as: "virtual currency is a medium of exchange that operates like real currency in some environments, but it does not have all the attributes of real currency." It also has no legal tender status. In 2014, the European Banking authority defined it as "a digital form of value that is not issued by central banks or government departments and is not necessarily associated with legal tender, but it is accepted by natural and legal persons as a means of payment and can be transferred, stored and traded electronically

in Chinese mainland refers to the currency that runs on the Internet, and the famous virtual currency, such as Tencent Inc's Q coins and the grand company's roll, also has virtual currency in online games. Virtual currency is usually used for users to purchase virtual services on the network, such as QQ membership function of Tencent's QQ coin, online game equipment, etc. Virtual currency is usually a means of payment. For example, the Ministry of culture of the people's Republic of China defined it in 2009 as a virtual exchange tool that is issued by online game operators, directly or indirectly purchased by game users using legal tender in a certain proportion, existing outside game programs, stored in servers provided by online game operators in the form of electromagnetic records, and expressed in specific digital units

data source: virtual current from Wikipedia

4. With the deregulation of new currencies in Europe, blue sky city currency SWC has the opportunity to compete fairly with virtual currencies issued by many European institutions.

5. Mark money is basically a pyramid scheme in China. Imported goods are not necessarily good. Maybe they are not imported goods, but just a cover up. All information of bitcoin, Ruitai coin and Laite coin are basically public. It's not clear how the change is now, but it's true that the development is not as smooth as before.

6. Because Europe has seen the development potential of virtual currency and is graally using bitcoin in major trading projects, it will relax the regulation of new currencies.

7.

1. United States dollar; ISO 4217 currency code: USD; Symbol: USA $) is the legal tender of the United States of America. The US dollar banknotes in circulation at present are all kinds of banknotes issued since 1929

the issuing department of US dollars is Congress, and the specific issuing business is handled by the Federal Reserve Bank. After World War II, Continental European countries and the United States reached an agreement to use the U.S. dollar for international payments. Since then, the U.S. dollar has been widely used as a reserve currency in countries other than the United States and eventually become an international currency

2. Euro is the currency of 19 countries in the European Union. The 19 member states of the euro are Germany, France, Italy, the Netherlands, Belgium, Luxembourg, Ireland, Spain, Portugal, Austria, Finland, Lithuania, Latvian, Estonian, Slovak, Slovenian, Greek, Maltese and Cyprus

on January 1, 1999, the single monetary act was implemented in the European Union countries implementing the euro. In July 2002, the euro became the only legal currency in the euro area

Pound is the name of the national currency and monetary unit of the United Kingdom. Sterling is mainly issued by the Bank of England, but there are other issuers. The most commonly used symbol for pound sterling is & #;. ISO 4217 currency code for pound sterling is GBP. In addition to the United Kingdom, the currency of the British Overseas Territories is also in pounds, and the exchange rate with the pound is fixed at 1:1

as Britain is the first instrialized country in the world and once dominated the international financial instry, pound sterling used to be the most widely used currency in international settlement business. After World War I and World War II, Britain's economic status continued to decline, but e to historical reasons, Britain's financial instry is still very developed, and the pound still occupies a very high position in the settlement of foreign exchange transactions. The British pound is printed with contributing figures and royalty

The Australian dollar is the monetary unit of Australia. In the foreign exchange market, the Australian dollar is currently the fifth largest currency in circulation in the world in terms of trading volume: after the US dollar, euro, Japanese yen and British pound, accounting for 6% of the total trading volume. In 2010, the Australian dollar officially replaced the Swiss franc as the world's fifth largest currency

The abbreviation of Canadian dollar is C $. It is the official currency of Canada. There are 5, 10, 20, 50 and 100 denominations in current Canadian banknotes. In addition, there are 1 yuan, 2 yuan and 5,10,25 mints

the Bank of Canada / Banque Canada, founded in 1934, is the Central Bank of Canada. The Bank of Canada is responsible for the currency issue in Canada

6. Swiss franc is the legal tender of Switzerland and Lichtenstein, which is issued by the Central Bank of Switzerland. The Swiss franc is a hard currency. Most of Switzerland's neighbors use the euro. There are also shops and institutions in Switzerland. Since January 15, 2015, the Swiss Franc has been decoupled from the euro. 1000, 200, 100, 50, 20 and 10 Swiss Franc notes have been issued. Currency code: CHF

Japanese yen (Japanese: 円, Japanese Roman: en, English: yen), whose banknotes are called Japanese bank notes, is the legal currency of Japan, and Japanese yen is often used as reserve currency after US dollar and euro

Japanese yen is the name of Japanese currency unit, which was founded on May 1, 1871. In 1897, Japan established the gold standard system, and the gold content was set at 0.75 g. in May 1953, the gold content was announced to be 0.00246853 g. on March 31, 1988, the gold standard system was completely abolished

Singapore dollar is the legal currency of Singapore, marked by S $. The dollar can be subdivided into 10 cents (also known as "Mao") or 100 cents (cent). The Singapore dollar can be divided into banknotes and coins. Since 2004, plastic banknotes of $2, $5 and $10 have been issued

On August 9, 1965, Singapore was forced to withdraw from the Federation of Malaysia and declared independence. On December 22, Singapore established a republic, but still used Malaya and British mother-in-law; Zhou Yuan. In 1967, the British pound devalued, and the original "Malaya and British grandmother" was 13417; The "Hong Kong Monetary Commission" stopped issuing Malaya and British dollar bills; In the same year, Singapore began to issue its own banknote, the Singapore dollar. So far, four sets of banknotes have been issued

Norwegian Krona is the proct of Nordic monetary union. Norwegian Krona is the currency name of the kingdom of Norway, issued by the Bank of Norway. One Krona is equal to 100 or. In circulation were banknotes of 1000, 500, 200, 100 and 50 denominations, and coins of 20, 10, 5 and 1 kronor and 50, 25, 10, 5 and 1 EUR

with the authorization of the people's Bank of China, direct transactions of RMB against Hungarian Forint, Danish krona, Polish zloty, Mexican peso, Swedish krona, Turkish Lira and Norwegian Krona have been carried out in the interbank foreign exchange market since December 12, 2016

10, SEK

SEK, ISO 4217 code, SEK, 1668, established in Sweden, issued by the National Standard Bank of Sweden ("National Bank"). The bank began printing banknotes in 1755 with a warning that counterfeiters will be sentenced to death. The Swedish krona has a floating system and has never participated in the European monetary system. In 2012, the Swedish Krona was awarded as the Nobel Prize

with the authorization of the people's Bank of China, direct transactions of RMB against Hungarian Forint, Danish krona, Polish zloty, Mexican peso, Swedish krona, Turkish Lira and Norwegian Krona have been carried out in the interbank foreign exchange market since December 12, 2016

8. The European currency market mainly includes London foreign exchange market and Frankfurt foreign exchange market
the trading time of London foreign exchange market is from 17:00 Beijing time to 1:00 the next day. There are many kinds of trading currencies, often more than 30 kinds. The largest trading scale is the pound against the dollar, followed by the pound against the euro, the Swiss franc and the Japanese yen. In the London foreign exchange market, almost all the major international banks have branches here. Because of the connection between the trading hours of London foreign exchange market and New York foreign exchange market, the most active period of fluctuation of major currencies is from 21:00 to 1:00 the next day.
Frankfurt foreign exchange market is the seat of the German Central Bank (Bundesbank). Due to the free exchange system for a long time, with the rapid development of economy and the improvement of the status of euro, Frankfurt has graally developed into a major foreign exchange market in the world. Frankfurt foreign exchange market is divided into pricing market and general market. The official designated foreign exchange brokers are responsible for matching transactions in the pricing market. They belong to the five exchanges of Frankfurt, Dusseldorf, Hamburg, Munich and Berlin. They accept the foreign exchange trading entrustment of each bank. If the trading is unbalanced, the exchange rate will continue to change until the buying and selling of foreign exchange are equal, or the central bank intervenes to achieve balance, It's about 12:45 a.m. The Bundesbank sent a special person to participate in the trading activities of the Frankfurt foreign exchange market to determine the official price of mark. The main business of the central bank's intervention in the foreign exchange market is US dollar to Euro transactions, of which 70% are spot foreign exchange and 30% are forward foreign exchange. Sometimes there are foreign currency to foreign currency exchange rate changes. In addition to matching foreign exchange transactions with local banks, foreign exchange brokers also keep in touch with foreign exchange markets of various countries at any time to promote foreign exchange transactions between Germany and other parts of the world. The currencies traded in Frankfurt foreign exchange market include US dollar, British pound, Swiss franc, euro, etc.