Legal exchange of virtual currency into US dollar

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. Minecraft?

3. Of course, it's illegal, and it's easy to go wrong. Being ripped off will bring endless troubles. Don't do anything for money that may hurt you at any time. Money should be controlled by people

4. Illegal,
Bank: it is illegal to trade foreign currency in private

according to Yu section chief of Guangxi Branch Office of Bank of China, foreign currency cannot be freely convertible according to national laws and regulations. In order to make it as convenient as possible for the holder, in addition to banks, some hotels, restaurants or shops can also exchange foreign currency for RMB, but it is illegal to conct foreign currency transactions in private.

5. Article 45 of the regulations on the administration of foreign exchange
those who buy or sell foreign exchange without permission, in disguised form, or illegally introce or sell foreign exchange with a large amount shall be given a warning by the foreign exchange administration authorities, their illegal income shall be confiscated, and a fine of less than 30% of the illegal amount shall be imposed; If the circumstances are serious, a fine of not less than 30% of the illegal amount shall be imposed; If a crime is constituted, criminal responsibility shall be investigated according to law.

6.

Article 45 of the regulations of the people's Republic of China on foreign exchange control stipulates that those who violate the regulations of the people's Republic of China on foreign exchange control shall be given a warning by the foreign exchange administration, confiscate their illegal income and be fined less than 30% of the illegal amount; If the circumstances are serious, a fine of not less than 30% of the illegal amount shall be imposed; If a crime is constituted, criminal responsibility shall be investigated according to law

There are two ways to convert large amount of foreign exchange into RMB:

(1) every person in mainland China has a settlement limit of 5W US dollars per year, which can be settled directly online or at the bank counter. If you have used up your foreign exchange settlement limit, you can make a transfer with your immediate family at the bank counter, transfer the US dollars in your account to your immediate family account, and use their foreign exchange settlement limit for foreign exchange settlement

(2) transfer to the domestic corporate account with foreign exchange function, open relevant documents at the safe, increase the settlement limit, and settle foreign exchange as a company (it will involve import and export, tax related expenses)

extended materials

prohibition on US dollar converting into RMB

(2) failing to submit financial and accounting reports, statistical statements, etc. as required

(3) failing to submit valid documents in accordance with the provisions or the documents submitted are untrue

(4) violation of foreign exchange account management regulations

(5) violation of foreign exchange registration regulations

(6) refusing or hindering the supervision, inspection or investigation by the foreign exchange administration authorities in accordance with the law

7. Take the airport bus to Hualian Building (Shenzhen Airlines building - investment building - Hualian Building). Hualian is the third stop. Then take a taxi to the gymnasium. It's 13 yuan. It's very close. The bus needs to change. It's more troublesome. It's the best choice for unfamiliar friends.

8. and translate “Hoc opus here labor