Can virtual currency transaction be closed

1. How to buy and sell virtual currency after China forbids virtual currency trading?

2.

On the evening of September 14, bitcoin China's official website announced that according to the spirit of the document issued on September 4, bitcoin China digital asset trading platform stopped new user registration from September 14; On September 30, the digital asset trading platform will stop all trading business

except bitcoin China, the other two platforms have not released relevant announcements yet. In response to reporters, Huo coin said that it has not received any clear documents or notices about the content of news reports. Okcoin said that the official announcement of okcoin should be taken as the standard

virtual currency has a long way to go and needs further supervision

3. According to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to the regulation of digital currency in China, investors have the freedom to participate in digital currency transactions at their own risk
the concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: February 2, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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4. On

10 10, two major domestic payment giants Alipay and WeChat simultaneously voicing, prohibiting the use of platforms in virtual currency transactions. Why did Alipay and WeChat voice at the same time? The reporter understands that this may be related to a dynamic trend of a virtual trading platform in the near future. P>

Alipay and WeChat: once found and resolutely retreated,

has repeatedly banned payment agencies to provide virtual

services. In fact, the central bank and its branches have repeatedly requested payment agencies not to provide services for virtual currency transactions.

as early as the end of 2013, the central bank and other ministries and commissions issued the notice on preventing bitcoin risks, which made it clear that all financial institutions and Payment institutions should not price procts or services with bitcoin, buy or sell bitcoin or act as central counterparties, underwrite insurance business related to bitcoin or include bitcoin in the scope of insurance liability, Shall not directly or indirectly provide customers with other services related to bitcoin, including: providing customers with bitcoin registration, trading, clearing, settlement and other services; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc

in September 2017, the central bank and other seven departments jointly issued the announcement on preventing the financing risk of token issuance, which stipulates that 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 financing and "virtual currency"

similarly, the business management department of the central bank issued a notice in January 2018, requiring all legal person Payment institutions under its jurisdiction to carry out self inspection and rectification work in their own units and branches, forbidding to provide services for virtual currency transactions, and taking effective measures to prevent payment channels from being used for virtual currency transactions

5. Yes, the current policy is like this. Many trading platforms have been closed

6.

I will. If the digital trading exchange suddenly closes, then all the currencies inside will be gone

digital currency will appreciate with the increase of the number of participants in the scam. In the cycle of digital currency appreciation, the number of participants who can obtain digital currency will also increase, and the participants, including the lowest level participants, will also gain. However, when they enter the cycle of devaluation, the bottom level participants often lose a lot

in 2017, the Internet Finance Association of Jiangsu Province issued the "internet pyramid selling identification guide", which named 26 so-called digital currencies as illegal pyramid selling projects covered or suspected to be covered with digital currency

extended data:

distinguish whether digital currency is MLM currency:

issuing method

virtual currency does not rely on specific monetary institutions. It is proced according to specific algorithms and through a large number of calculations. It is a decentralized issuing method. Each different terminal node is responsible for maintaining the same account book, and the maintenance process is mainly to package and encrypt the transaction information by the algorithm, while the MLM currency is mainly issued by a certain organization, and the profit is made by pulling the head

7. Due to the characteristics of decentralization, virtual currency transaction lacks supervision mechanism and is easy to become a tool for illegal transactions; Therefore, domestic bitcoin trading platforms have been invented one after another, declaring that they will close the transaction
although virtual currency trading is closed in China, the trading platform itself and virtual currency are not prohibited; Similarly, the blockchain technology itself has research value.

8. It is not clear whether Licang business incubation base is run by Licang District government or by indivials. The person in charge of the base is Qing Yuandi Enterprise Management Consulting Co., Ltd. The couple set up a company, one responsible for pulling business, one responsible for collecting money. It's rubbish. Arbitrary charges. It's all big deception. It's OK for you to charge indiscriminately and do things well. It can also give people comfort. I really don't know what the relevant leaders of Licang District do. It's a good project to set up a business base to help college students start their own businesses. It's really good. How can we charge indiscriminately? Why don't people in other districts like this? Has the Qing government designated Licang as a special zone? Is it dereliction of ty or an accomplice in a pair of pants? Encourage entrepreneurs to get a detailed understanding of the companies that used to settle in the base before they settle in. Don't do things you regret. Now we have a second phase of Longtai, which is cheating on investment promotion. Please shine your eyes. It's not easy to start a business. I wish you all success and prosperity!

9. It's impossible to ban it completely! The benefit is greater than everything!! The idea is very good... So the national service game will be more civilized and harmonious!! To this kind of transaction is inevitable... There is no way to eradicate it!! Pray... Together!! ha-ha

10. Lincoln green coin is a currency directly issued by the U.S. government. It is the same concept as the current Chinese yuan. The current US dollar is not like this. It is issued by an international bank composed of international bankers who exercise the government's authority. The government has to pay interest to the bank, while Lincoln ratio does not need to pay interest, This can provide a large amount of funds for the country and the people's provinces, which is concive to the further development of the economy! Now, China is one of the few countries in the world that issue currency directly! The huge interest expense saved by the government and people is an indispensable condition for China's development! If someone proposes to learn from foreign "advanced experience", instead of issuing currency directly by the government, the people's Bank of China must issue RMB with government bonds as collateral, the Chinese people should be careful!