Our country's understanding of virtual currency documents

1. At present, the trading of virtual currencies such as bitcoin in China is closed and cannot be traded in exchanges
virtual currency lacks supervision and is too free; Therefore, China's current virtual currency is still in a serious regulatory scope; Of course, the research on virtual currency blockchain technology is worth trying.

2. In 2015, the Chinese government did not issue any policies on virtual currency. The only policy is that the central bank defined bitcoin as a special Internet commodity in 2013 and denied its monetary attribute. In 2015, the central bank held a seminar on digital currency, and the central bank planned to issue digital currency. There are no other policies, but in general, no matter what policies are put forward, bitcoin, Ruitai coin and Weimeng coin, which are normal digital currencies, have little influence.

3. There's no fake defense

4. Have you made PI coins

5. There are still some impacts on land. Earthquakes will not cause land subsidence, but will cause groundwater pumping. Both of these will affect land, and floods have no direct impact

6.

After bitcoin China took the initiative to stop trading platform business, the market focused on the other two well-known virtual currency trading platforms okcoin and huocoin

at the same time of stopping ICO, the regulation reiterated that virtual currency has no monetary attribute and cannot be used as currency in the market

On the 13th, the China Internet Finance Association issued an article saying that there is no legal basis for the establishment of various so-called "currency" trading platforms in China. The so-called "virtual currency" such as bitcoin, Leyte coin and all kinds of tokens are centrally traded on some Internet platforms, and the number of stakeholders is graally expanding. The hidden financial and social risks can not be ignored

7. Shanlin Finance said that the fundamental reason for the suspension is that the virtual token has threatened the currency sovereignty of RMB. RMB is not freely convertible under the capital account, that is to say, after the exchange of RMB, it cannot be used for foreign investment, let alone for overseas assets purchase

8. In terms of supervision, there is basically a blank. All countries are still in the exploratory stage. It is very difficult to supervise, and it is difficult to track the flow of virtual currency, which creates opportunities for some illegal instrial chains. In addition, there are too many ICO projects at home and abroad to cheat money. Ordinary investors who do not know how to cheat are still quite likely to be cheated. Fraud projects are basically profiteering and illegal fund-raising, It is easy to cause social instability. Personal opinion.