jewelry box wholesale canada What are the legal digital currencies in China?

jewelry box wholesale canada What are the legal digital currencies in China?

4 thoughts on “jewelry box wholesale canada What are the legal digital currencies in China?”

  1. wholesale price of jewelry in lagos my country has not issued digital currencies, and the existing digital currencies are all illegal.
    The central bank reminded that the legal digital currency has not been issued, and no institution or enterprise has issued legal digital currencies. At present, the so -called "digital currency" on the market illegally determines digital currencies.
    The virtual currency is the electronicization of illegal currency, and its initial issuer is not the central bank. Such virtual currencies are mainly limited to circulation in a specific virtual environment. Digital currencies can be used for real goods and service transactions, but only digital currencies issued by the state are legal digital currencies.
    "my country's legal currency is RMB." The Central Bank's Monetary Gold and Silver Bureau once again emphasized that the RMB was printed and issued by the People's Bank of China uniformly.
    Extended information:
    The price of virtual currency represented by Bitcoin soared, digital currencies and blockchain technology behind them have attracted great attention from the global financial community. In fact, legal digital currencies are still issued in my country. Recently, the official website of the Central Bank Monetary and Bank Bureau issued the "Risk Tips on the use of the Name of the People's Bank of China".
    2013 The Fifth Ministry of the Central Bank Union Party issued the "Notice on Preventing the Risk of Bitcoin", which clearly defined illegal digital currencies such as Bitcoin as virtual commodities. It does not exist in the form of currency and fiat currency.
    At the same time, digital currency is different from electronic payment. In the actual experience, digital currencies may be similar to the method of electronic payment, but there is still a large difference in essence. Before digital currency, the financial industry was highly informative.
    For example, online banking, WeChat, Alipay and other payment electronics gradually became popular, and physical cash only accounted for a very small part of all circulating currencies. Nevertheless, because the money used during the transaction is through a bank account, in fact, it still corresponds to one banknote.
    D digital currency on the current market involves MLM.
    D digital currency is a new type of technology that can improve transaction efficiency, but is stared at by criminals and performs MLM and fraud in its name.
    The official website of the Central Bank Currency and Banking Bureau issued the "Risk Tips on the use of the Name of the People's Bank of China". The central bank reminded that in the near future, individual enterprises have used the name of our bank to make relevant digital products be "authorized by the People's Bank of China", or they lie to the central bank's issuing digital currency promotion team in an attempt to deceive the public and take the opportunity to make huge profits.
    The central bank emphasized in the risk reminder that our bank has not issued legal digital currencies, nor has it authorized any institutions and enterprises to issue legal digital currencies, and there is no promotion team. At present, the so -called "digital currency" on the market illegally illegally. At the same time, the so -called "digital currency" launched by some institutions and enterprises and the so -called promotion of digital currencies issued digital currencies may involve pyramid schemes and fraud. The general public is requested to raise awareness of risk, to invest in rationality and prevent damage to interests.
    Reference materials:
    The China News Network-Digital currency on the current market involves MLM central banks warning all illegal

  2. beads and jewelry wholesale in miami Digital currencies do not know which aspect you mean, you should be able to explain from two aspects:

    The first point is that our assets in the bank are actually a digital asset, because for us Without spending, our bank's assets are just numbers, and we are our digital assets, and paper proofs such as our real estate, cars, physical assets, etc. can prove that it is your asset. Our assets in banks have always been legal, unless your source is illegal.
    The second point, token derived from blockchain technology, no one in my country is legal. On September 4, 2017, seven ministries and commissions of the People's Bank of China released the "Regarding the prevention of tokens issuance financing Announcement of Risk. It is forbidden to "Aih Oh" and digital currency transactions. In this way, this digital currency derived from the end chain is actually prohibited from transactions in my country, but it does not clearly point out that it cannot be held.
    but the launch of Libra of Facebook recently has accelerated the process of my country's digital currency in China. In the direction of development, my country does not have the specific implementation of digital currency issuance plans, but it can be seen that the digitalization of assets is a major trend in the future. ——Hubox Research Institute answered

  3. sterling silver jewelry wholesale The only virtual digital currency pilot operation base in China does not exist. China's attitude towards digital currency is still in a gray area in China. China's supervision of digital currency is still blank. Although the central bank claims to issue its own digital currency, this digital currency is more only the digital currency of RMB, which is completely different from the design principles of digital cryptocurrencies such as Bitcoin, Ritai, Litecoin, and Qianjin Card. It can be said on the same day. The digital currency issued by the central bank plans to emphasize more control, and the central bank needs absolute control and issuance rights. The central bank is the only operating subject.

  4. sunshine wholesale jewelry chicago The Bank of China -People's Bank of China has not issued digital currencies for the time being, so China has no digital currency for the time being. The so -called digital currencies on the market are not currencies (Bitcoin is not currency)
    1, currency digitalization and digital currencies are not the same thing. Don't be confused;
    2, maybe China will have legal digital currencies in the future, but it must be issued by the Bank of China.
    3, Bitcoin is not currency. Currency is a credit symbol issued by the central bank of the sovereign state. Bitcoin is a speculative target, and the world's major countries do not recognize it as currency.

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