Avoiding virtual currency transaction
Alipay will ban virtual currency transactions. Virtual currency in China's law does not specify that the law is not illegal. Strong> recently issued a statement that Alipay banned the trading of virtual currencies, but most of them expressed support for Alipay's behavior, saying Alipay was right because there are many uses of virtual currency, which can effectively avoid being exploited by lawless elements. p> Although there is no clear regulation on virtual currency, there are some behaviors such as pyramid schemes in some virtual currencies. There are various forms of currencies, which will lead to various frauds. For those who want to invest, they must be cautious and wait until they know all about them before making a decision< however, with the rapid development of the Internet, maybe virtual currency will develop better
virtual currency is a kind of technical means, there is no such thing as whether to cheat or not in recent years, mobile phone development has been developing faster and faster, and there are also changes in the way of payment. In the life, a small number of people have paid for paper money. Most of them have started using Alipay, WeChat and so on, because they are popular with the public because of their convenience and speed, especially Alipay is the way that many people will pay when they pay. Many other procts have been used to facilitate many people, but Alipay has recently banned the trading of virtual currencies. P> Alipay is also making this decision in order to safeguard the interests of everyone. We should also pay attention to investing when we invest normally, so we can only buy it after thorough understanding. can not blindly listen to other people's views and invest carefully. strong>
at the end of 2013, the central bank and other five ministries and commissions jointly issued the bitcoin risk notice, in which bitcoin was clearly defined as a special Internet commodity, and people could buy and sell freely at their own risk, denying its monetary attribute. At this stage, financial institutions are not allowed to provide bitcoin related services. The transaction platform supporting its transaction must do a good job in anti money laundering< In an interview with the Boao Forum, President Yang Xiaochuan compared bitcoin to a tradable asset like a stamp, which the central bank has no right to ban
since 2013, popular virtual currencies include bitcoin, Laite coin, Fuyuan coin, doggy coin, reborn coin, etc.
There are two reasons for the prohibition of virtual currency trading by the state:
1. The price fluctuates violently and the consumer protection is lacking:
virtual currency is the proct of network, and the digital information flowing in the network is beyond everyone's control. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code
bitcoin and other so-called "virtual currencies" lack a clear value basis, the market is full of speculative atmosphere, the price fluctuates violently, and investors blindly follow suit, which is easy to cause capital losses
2. Evade supervision and become the "accomplice" of criminal activities:
bitcoin is popular as a payment tool in the so-called "dark web" world“ The "dark net" is full of all kinds of serious criminal activities. One of the original intentions of the invention of bitcoin is to evade regulation. It has the characteristics of anonymity and convenient cross-border flow, and has become the preferred tool of "underground economy"
the existence of bitcoin and exchanges and other instrial chains has constructed a illegal financial market for asset transfer and financing in addition to legal currency, increased the difficulty of regulatory authorities in managing financial security and stability, and promoted regulatory arbitrage and financial crimes. The risks and social security risks it brings to the financial market are far higher than its innovative value
extended information
virtual currency transactions are not protected by law:
according to the notice on preventing bitcoin risks issued by the people's Bank of China and other departments on December 3, 2013 and the announcement on preventing financing risks of token issuance issued by seven ministries and commissions including the people's Bank of China on September 4, 2017, virtual currency is not issued by monetary authorities, It is not a real currency because it does not have the monetary attributes of legal compensation and compulsion
in terms of nature, virtual currency should be a specific virtual commodity, which does not have the same legal status as currency, and can not and should not be used as currency in the market. Although citizens' investment and trading in other virtual currencies are personal freedom, they can not be protected by law
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
Recently, after a sharp correction in the A-share market, the number of stocks breaking the net and breaking the market in Shanghai and Shenzhen has increased According to the statistics of Securities Daily, as of yesterday, 19 stocks in Shanghai and Shenzhen stock markets had fallen below the fixed price, 70 stocks had fallen below the net assets per share, and 220 stocks had fallen below the listing price. In this regard, analysts believe that just as the so-called "do not break, do not stand", the large number of "three broken" stocks is often a sign of the rebound of the market bottom, and there are greater investment opportunities in the "three broken" stocks
At the same time, there are more broken net stocks in the banking instry. As of last Friday, there were 11 broken net stocks, accounting for 15.71% of the broken net stocks. The 11 net breaking bank stocks are: Huaxia Bank, Bank of communications, Minsheng Bank, Bank of China, China CITIC Bank, Bank of Shanghai, instrial bank, Everbright Bank, Shanghai Pudong Development Bank, Bank of Jiangsu and Bank of Beijingbut different from the public utility stocks that broke the net, the performance of listed banks in 2017 is generally expected to be good. Zhongyuan Securities pointed out that in 2017, the operating revenue and asset quality of banks improved in a large area on a month on month basis, and the optimistic expectation was graally realized. It also insisted that the scope of bank performance and asset quality improvement in 2018 will graally expand, from large banks to small and medium-sized banks
According to statistics, the market research center of Securities Daily found that, compared with the IPO price, the latest closing price of the last Friday, the share prices of 220 companies in Shanghai and Shenzhen stock markets fell below the IPO price, of which 127 shares broke more than 20%, while Jinbei Automobile, * ST Ruidian, Huayi Group, magic pharmaceutical, Dahua Group Bainmei, Jixin technology and other stocks were broken by more than 70%from the perspective of performance, among the 220 companies whose share prices have fallen below the issue price, 181 companies have disclosed the performance forecast of 2017 annual report, and 113 companies have made performance forecast, accounting for 62.43%. From the perspective of the largest year-on-year increase in net profit, 23 companies are expected to double their net profit in 2017, including Fenghua (1058.32%), Shandong mining machinery (601.76%), Jingyi (575.07%), Yisheng Pharmaceutical (400.00%), zhengmeiji (374.20%), Qianzhao Optoelectronics (342.31%), COSCO Haifa (252.00%), Hongda new materials (217.07%) The net profit of PetroChina (203.00%) and other companies in 2017 increased more than 2 times year on year. And 26 companies, including Haohua energy, Linzhou heavy machinery, GCL integration, chlor alkali chemical, Tianlong optoelectronics, tianwo technology, Jinbei Automobile, Huadian heavy instry, are expected to turn losses into profits in 2017
from the perspective of market performance, among the breaking stocks predicted in the 2017 annual report, 31 stocks have declined by more than 20% since January 29. Among them, Kerong environment, Tongda Power, HNA innovation, Jingyi shares, Hainan mining, Shenke shares, lei technology and other stocks have declined by more than 25% ring the period