Is it legal for companies to sell virtual currency abroad

1.

It is illegal to issue virtual currency privately

According to Article 29 of the regulations of the people's Republic of China on the administration of RMB, no unit or indivial is allowed to print or sell token tickets to replace RMB in circulation on the market

In addition, the "emergency notice of the State Council Office for rectifying unhealthy tendencies in the instry, the State Economic and Trade Commission and the people's Bank of China on prohibiting the issuance and use of various token certificates (cards)" also strictly prohibited similar issues

extended data

virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point and voucher of Shanda company, micro currency launched by Sina (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver grain (used for bixue Qingtian game), and popular digital currencies in 2013 include bitcoin, Laite coin, infinite coin, quark coin, zeta coin, etc Barbecue coins, pennies (Internet), invisible gold bars, red coins, prime coins. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

market formation

the Internet has led to the emergence of a new market, which is a virtual market based on cyberspace. The Internet provides a lot of communication places for consumers, and also provides business market for enterprises. Enterprises must change from proct centered to service centered to customer centered. With the development of computer artificial intelligence technology and database technology, enterprises can conveniently collect customers' information, understand customers' needs in time, change business strategies and grasp economic arteries in real time

With the rapid development of computer and network communication technology, the application of Internet technology has graally penetrated into various fields of human activities, and the unlimited business opportunities that it contains make businesses turn their eyes to e-commerce. E-commerce is penetrating into all aspects of social and economic life at a speed that people can hardly imagine

the traditional finance is also closely watching this irresistible trend of global economic integration and networking. As a result, value-added services take art as the selling point and can be regarded as commodities; The sword in the game is not a brand-new financial services business philosophy - e-finance came into being

from the historical development process, to understand e-finance, we must start from the electronic finance and e-commerce. The so-called e-financialization means that financial enterprises adopt modern communication, computer, network and other information technology means in addition to Internet technology to improve the work efficiency of traditional financial service business, rece operating costs, realize the automation of financial business processing, informatization of financial enterprise management and scientific decision-making, and provide customers with faster and more convenient services, And then enhance the financial enterprise is the behavior of market competitive advantage

e-finance is a transcendence of financial electronization. Different from the electronic finance, the main technical basis of e-finance operation is the increasingly perfect Internet technology. Due to the characteristics of global connectivity, openness, quickness and low marginal cost of Internet technology, e-finance strengthens the restructuring and innovation of financial services business based on Internet technology, so that customers are free from the restrictions of business hours and places, and enjoy all kinds of high-quality and low-cost services provided by financial enterprises anytime and anywhere

with the development of Internet, the form of money is becoming more virtual, and there is an electronic money that only exists in the form of electronic signal

reference source: Network: virtual currency

2.

In 2013, the people's Bank of China issued the notice on preventing bitcoin risks. Later, it was reported that the people's Bank of China had an interview with more than 10 third-party payment companies, explicitly requiring them not to provide payment and clearing services to bitcoin, lightcoin and other trading websites. The price of bitcoin in China has dropped all the way from about 7000 yuan to 3300 yuan. More analysis says that bitcoin will withdraw from China. Is that true

However, at present, the security risks of bitcoin have not been fully exposed

the overall risk increases

it must be admitted that the government's increased supervision leads to the further increase of the risk of bitcoin trading

moreover, the transaction threshold is obviously higher than before

In essence, as a means of investment, the risk of bitcoin is self-evident. If there is no final person to take over the offer, even if bitcoin is in short supply, it lacks real value and only has limited online use value. If you can't find the last recipient, bitcoin will probably disappear like a bubble. p>

3. The virtual currency represented by bitcoin is legal in China. In the bitcoin risk notice issued by the central bank and other five ministries and commissions at the end of 2013, bitcoin was clearly defined as a special Internet commodity. People can buy and sell it freely at their own risk, denying its monetary attribute. Zhou Xiaochuan, governor of the central bank, compared bitcoin to a tradable asset like a stamp. There are related reports on bitcoin home

bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system.

4. It is not illegal for e-commerce companies to do virtual currency exchange, and it is not illegal to invest in virtual currency. But how to get involved in virtual currency transactions is illegal and illegal. It may be suspected of illegal fund-raising
moreover, these so-called virtual currencies are basically empty handed projects with white wolves, and the application scenarios of their publicity are also non-existent and unreliable. These currencies are different from the mainstream digital currencies such as Ruitai, bitcoin and Leyte.

5. 1、 Business scope of blockchain company:
1. Technology development, technology transfer, technology consultation, technology service, business consultation, enterprise management, marketing planning, real estate brokerage, enterprise marketing planning, conference service, exhibition service in the field of network information and computer network technology
2. Engaged in technology development, technical consultation, technical service, technology transfer, computer system integration, computer data processing, computer network engineering maintenance, digital works database management, self owned equipment leasing, computer software research and development, cloud infrastructure services, enterprise management consulting in the field of computer network technology and computer software and hardware technology, Business information consulting, enterprise management, corporate image planning, exhibition services, photography, design and proction of all kinds of advertising, using its own media to publish all kinds of advertising, computer software and hardware and auxiliary equipment, communication equipment sales, engaged in the import and export business of goods and technology, trade brokers and agents
3. Development and application of blockchain technology; Big data R & D and technology promotion; Technology development of electronic currency and game currency; Health instry investment (specific projects will be declared separately); Commemorative coin design; Conference and exhibition services; Sales of cultural artworks (except ivory and its procts); The development of digital integral system; Cultural exchange activities planning; Domestic trade; Import and export business< Second, how to register a blockchain company
1. A company registered by name verification must first have a name. According to the enterprise name verification disclosed by the instrial and commercial registration bureau, the name registration rate related to blockchain is on the rise. Therefore, entrepreneurs who want to show their talents in the blockchain instry should quickly think of a good name
2. Apply for the license materials, sign and make the application materials of the registered company, provide the identity information of the legal person, shareholders and supervisors, determine the shareholding ratio of shareholders, the amount of registered capital, business scope, etc., verify the identity cards of the legal person and supervisor of shareholders, and submit the signed application materials to the Administration for Instry and commerce. At the same time, the ID card of the person in charge of finance should be provided
3. Apply for a business license and submit the signed registration materials to the instry and Commerce Department for review. After the review, you can get the business license
4. To open a company's basic bank account, a company needs to provide the original and plicate of its business license, official seal, financial seal, corporate seal and ID card of its legal representative to open a basic bank account. You can get a license to open an account in about two weeks
5. After the tax type is approved and the bank account opening license is obtained, prepare the tax verification data. Need business license, official seal, bank account opening license, business address of housing lease contract, housing lease invoice, digital certificate, and need to do information online now, print out after passing. Take this information with you to check the tax
6. When purchasing an invoice, the tax agent should bring his / her original ID card, tax agent card, official seal, invoice seal and Golden Tax plate to the tax hall for collection.

6.

Speculation in foreign exchange generally refers to foreign exchange margin trading and firm offer trading. That is, investors conct foreign exchange transactions with the services provided by banks or brokers

At present, there are two main channels for domestic investors to invest in foreign exchange, one is through the foreign exchange firm offer opened by domestic banks, the other is through foreign dealers (domestic agencies) to directly open accounts abroad for foreign exchange margin business. The biggest difference between foreign exchange margin trading and foreign exchange firm offer trading is that foreign exchange margin trading takes the form of margin, and uses leverage principle to make small and broad. This paper focuses on whether the residents log on to the foreign dealer platform through personal login or network agent platform to conct foreign exchange margin trading constitutes the crime of illegal operation of illegal foreign exchange trading or related illegal acts

does speculation in foreign exchange by domestic residents constitute a crime of illegal foreign exchange trading? Before that, some people thought that trading foreign exchange in China must be carried out in designated banks or relevant institutions, and speculation in foreign exchange is obviously a kind of speculation through trading foreign exchange, reselling foreign exchange, and it is a typical reselling for profit, so this kind of behavior constitutes illegal foreign exchange trading outside the prescribed place, As long as the amount of business exceeds 200000 US dollars or the profit exceeds 50000 RMB, it constitutes the crime of illegal business operation

the most famous case is that Huang Guangyu was convicted of insider trading and illegal business operation. The court found that in order to repay his gambling debts in Macao, Huang Guangyu paid Macao's casinos in RMB exchange for Hong Kong dollars through underground banks, and the amount exceeded 100 million yuan. The court held that this kind of behavior belonged to trading foreign exchange outside the designated place, so it constituted the crime of illegal business operation

However, first of all, the object of the crime of illegal foreign exchange trading is China's foreign exchange management system. The reason why the judicial authorities of our country regard Huang Guangyu's behavior as the crime of illegal business operation is that this kind of behavior of purchasing foreign exchange through underground banks infringes the existing foreign exchange management system of our country, and belongs to the typical realization of illegal OTC Foreign Exchange