Is it illegal to exchange virtual currency for RMB

1. virtual currency, represented by bitcoin, is legal in China. It is defined as a special Internet commodity. People can buy and sell it freely at their own risk. But it is illegal to carry out pyramid schemes under the guise of bitcoin. Now to create a virtual currency trading platform, we must record the website and implement real name authentication for users. Bitcoin is legal in most countries around the world, except that some small countries explicitly ban it

since 203, the more popular virtual currencies are bitcoin, Wright coin, Fuyuan coin, doggy coin, dark coin, reborn coin and so on.

2. Network virtual property transactions are also protected by law, you can trade through normal channels

3. First of all, define what is money. Money is a kind of value and right. Money can be exchanged for other things in the market by virtue of the money it owns. Money is recognized because of the guarantee of national compulsion. However, if a thing is accepted by all as the medium of exchange within a certain range, then it can be recognized as money within this limited range. I always think that money is a kind of money The biggest possibility of Alipay is to establish its own sphere of influence, exclude the use of RMB in this sphere of influence, and build its own monetary system
secondly, confirm your question, you mean whether you can convert the game currency back to RMB, because if it exists in the form of RMB, it is called withdrawal, and it is impossible to withdraw if it is a virtual currency
back to your question, the reason why the app can't withdraw cash is that if the virtual currency inside can be reversed into RMB, it will impact the real monetary system, which is risky
I remember many online games in which the game currency purchased by RMB is used for gambling, For example, if the game currency (happy beans) can be reverse converted into RMB, what's the difference between this and changing chips in casinos, so in my impression, one of the keys for law enforcement agencies to determine whether it is gambling is whether the game currency can be reverse converted into RMB
hope to adopt, thank you!

4. It can't be said that it's against the law. You can go to the bank to find out if the bank has fried foreign exchange procts and procts that the bank can invest in. Why is it against the law

the country is slowly opening up, and now it can trade RMB against euro and pound procts. RMB procts are tradable

9 years of experience in precious metal instry analysis and operation. I know this market very well and teach you how to stabilize your income

finally, I send you 16 words of truth: cash is the emperor, homeopathy is the king, point is the phase, stop loss is the holy.

5. It has collapsed. Brother, this is that whoever buys it will brag hard and force it to rise. If there is a little wavering, the country will be completely ruined with a word!

6. Chengdong passenger station: take k605 Road (ticket price is 2 yuan), 704 Road (ticket price is 2 yuan), 716 Road (ticket price is 2 yuan) in light instry market (Chengdong passenger station), and get off Chang'an interchange. Back (North) across the south 2nd Ring Road is the Shaanxi Provincial stadium
railway station: take No.14 (Coin 1 yuan), NO.603 (Coin 1 yuan), No.6 (ticket 1 yuan) and No.8 (Coin 1 yuan) at the railway station and get off the Chang'an interchange.

7. Brief introction: Registration No.: * * location: Shaanxi Province registered capital: RMB 10 million legal representative: Wei Xiaoming enterprise type: limited liability company (invested or controlled by natural person) registration status: existing registration authority: high tech branch of Xi'an Administration for Instry and commerce registration address: room 428, tangxing digital, No. 6, tangxing Road, high tech Zone, Xi'an city legal representative: Hao Huifeng/ >Time of establishment: March 21, 2006
registered capital: RMB 10 million
Instrial and commercial registration number: 610131100026530
enterprise type: limited liability company (invested or controlled by natural person)
address: 1405, huihaoshu center, No. 58, kejisan Road, Zhangba Street office, high tech Zone, Xi'an City, Shaanxi Province

8. Hangzhou east bus station goes to Cixi every 8-20 minutes from 05:40 to 21:00.

9. Virtual currency is now attracting more and more people's interest. As virtual currency is a proct of Internet / Internet, more people buy it, so the price will naturally go up